Hubbell Incorporated (NYSE:HUBB – Free Report) – Research analysts at Seaport Res Ptn increased their Q3 2025 earnings estimates for shares of Hubbell in a note issued to investors on Tuesday, October 29th. Seaport Res Ptn analyst S. Graham now expects that the industrial products company will earn $4.86 per share for the quarter, up from their prior estimate of $4.79. The consensus estimate for Hubbell’s current full-year earnings is $16.46 per share.
Other research analysts also recently issued reports about the stock. Morgan Stanley increased their target price on shares of Hubbell from $407.00 to $445.00 and gave the company an “equal weight” rating in a research report on Wednesday. Barclays raised their price objective on shares of Hubbell from $400.00 to $402.00 and gave the stock an “equal weight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Hubbell from a “hold” rating to a “buy” rating and raised their price objective for the stock from $431.00 to $441.00 in a report on Friday, September 6th. JPMorgan Chase & Co. downgraded shares of Hubbell from an “overweight” rating to a “neutral” rating and raised their price objective for the stock from $385.00 to $454.00 in a report on Thursday, October 10th. Finally, Stephens reaffirmed an “overweight” rating and issued a $450.00 price objective on shares of Hubbell in a report on Friday, August 2nd. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Hubbell currently has a consensus rating of “Moderate Buy” and a consensus target price of $434.38.
Hubbell Stock Down 0.3 %
Hubbell stock opened at $425.70 on Friday. Hubbell has a twelve month low of $274.42 and a twelve month high of $461.77. The firm has a 50 day moving average price of $421.70 and a 200-day moving average price of $395.78. The company has a market capitalization of $22.85 billion, a P/E ratio of 30.67, a P/E/G ratio of 1.59 and a beta of 0.90. The company has a quick ratio of 1.13, a current ratio of 1.66 and a debt-to-equity ratio of 0.51.
Hubbell (NYSE:HUBB – Get Free Report) last released its earnings results on Tuesday, October 29th. The industrial products company reported $4.49 earnings per share for the quarter, beating analysts’ consensus estimates of $4.47 by $0.02. Hubbell had a net margin of 13.33% and a return on equity of 28.81%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the firm earned $3.95 EPS. The company’s revenue was up 4.9% compared to the same quarter last year.
Hubbell Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $1.32 per share. The ex-dividend date is Friday, November 29th. This represents a $5.28 annualized dividend and a dividend yield of 1.24%. This is a boost from Hubbell’s previous quarterly dividend of $1.22. Hubbell’s dividend payout ratio (DPR) is 35.16%.
Insider Activity
In other news, CEO Gerben Bakker sold 15,677 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $374.34, for a total transaction of $5,868,528.18. Following the sale, the chief executive officer now owns 66,415 shares in the company, valued at approximately $24,861,791.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Gerben Bakker sold 15,677 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $374.34, for a total transaction of $5,868,528.18. Following the sale, the chief executive officer now owns 66,415 shares in the company, valued at approximately $24,861,791.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Carlos M. Cardoso sold 450 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $364.54, for a total transaction of $164,043.00. Following the sale, the director now owns 1,670 shares in the company, valued at approximately $608,781.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company’s stock.
Institutional Trading of Hubbell
Institutional investors and hedge funds have recently made changes to their positions in the stock. Sustainable Insight Capital Management LLC raised its position in Hubbell by 18.1% in the 3rd quarter. Sustainable Insight Capital Management LLC now owns 8,500 shares of the industrial products company’s stock worth $3,641,000 after purchasing an additional 1,300 shares during the period. Atria Investments Inc raised its position in Hubbell by 2.2% in the 3rd quarter. Atria Investments Inc now owns 2,689 shares of the industrial products company’s stock worth $1,152,000 after purchasing an additional 59 shares during the period. Assetmark Inc. raised its position in Hubbell by 15.0% in the 3rd quarter. Assetmark Inc. now owns 6,435 shares of the industrial products company’s stock worth $2,756,000 after purchasing an additional 838 shares during the period. Verdence Capital Advisors LLC raised its position in Hubbell by 7.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,157 shares of the industrial products company’s stock worth $924,000 after purchasing an additional 142 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc raised its position in Hubbell by 9.4% in the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 29,852 shares of the industrial products company’s stock worth $12,784,000 after purchasing an additional 2,565 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.
Hubbell Company Profile
Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies.
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