14,182 Shares in Hubbell Inc $HUBB Purchased by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE acquired a new position in Hubbell Inc (NYSE:HUBB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,182 shares of the industrial products company’s stock, valued at approximately $6,298,000. Hubbell accounts for approximately 2.6% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HUBB. Thurston Springer Miller Herd & Titak Inc. increased its position in Hubbell by 147.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 34 shares during the period. NBT Bank N A NY acquired a new stake in Hubbell during the 4th quarter worth $27,000. Hantz Financial Services Inc. grew its holdings in Hubbell by 141.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 41 shares during the period. Baillie Gifford & Co. grew its holdings in Hubbell by 62.8% during the 4th quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 27 shares during the period. Finally, Harbor Investment Advisory LLC grew its holdings in Hubbell by 630.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 73 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 63 shares during the period. 88.16% of the stock is currently owned by institutional investors and hedge funds.

Hubbell Price Performance

Shares of HUBB stock opened at $484.98 on Friday. Hubbell Inc has a 12-month low of $380.86 and a 12-month high of $565.50. The firm has a market capitalization of $25.63 billion, a price-to-earnings ratio of 28.65, a price-to-earnings-growth ratio of 2.44 and a beta of 0.91. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average of $502.74 and a 200-day moving average of $482.90.

Hubbell (NYSE:HUBB) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the business earned $3.50 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, equities research analysts forecast that Hubbell Inc will post 19.84 earnings per share for the current year.

Hubbell Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $1.42 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. Hubbell’s payout ratio is currently 33.55%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HUBB shares. Stephens lifted their target price on shares of Hubbell from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Barclays lifted their target price on shares of Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Wells Fargo & Company boosted their target price on Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Finally, Morgan Stanley boosted their target price on Hubbell from $515.00 to $565.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 11th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $546.25.

About Hubbell

Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.

The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.