Hubbell (HUBB) Stock Price, News & Analysis

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hubbell in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HUBB shares.
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9 Wall Street research analysts have issued 12 month target prices for Hubbell's stock. Their HUBB share price targets range from $335.00 to $450.00. On average, they expect the company's share price to reach $383.57 in the next year. This suggests that the stock has a possible downside of 1.6%.
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Hubbell's stock was trading at $328.93 at the beginning of 2024. Since then, HUBB stock has increased by 18.5% and is now trading at $389.89.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
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Hubbell will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Hubbell Incorporated (NYSE:HUBB) released its quarterly earnings results on Tuesday, January, 30th. The industrial products company reported $3.69 EPS for the quarter, topping analysts' consensus estimates of $3.58 by $0.11. The industrial products company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Hubbell had a net margin of 14.14% and a trailing twelve-month return on equity of 30.82%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.60 earnings per share.

Hubbell declared a quarterly dividend on Friday, January 26th. Shareholders of record on Thursday, February 29th will be given a dividend of $1.22 per share on Friday, March 15th. This represents a $4.88 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Wednesday, February 28th.
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Hubbell (NYSE:HUBB) pays an annual dividend of $4.88 per share and currently has a dividend yield of 1.25%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HUBB will have a dividend payout ratio of 27.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HUBB.

ETFs with the largest weight of Hubbell (NYSE:HUBB) stock in their portfolio include Gabelli Love Our Planet & People ETF (LOPP), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), SmartETFs Sustainable Energy II ETF (SOLR), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), Invesco Dorsey Wright Industrials Momentum ETF (PRN), First Trust RBA American Industrial Renaissance ETF (AIRR), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) and JPMorgan Climate Change Solutions ETF (TEMP).

Hubbell issued an update on its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of 16.000-16.500 for the period, compared to the consensus earnings per share estimate of 16.420. The company issued revenue guidance of $5.8 billion-$5.9 billion, compared to the consensus revenue estimate of $5.8 billion.

29 employees have rated Hubbell Chief Executive Officer Timothy H. Powers on Glassdoor.com. Timothy H. Powers has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hubbell investors own include AT&T (T), Exxon Mobil (XOM), International Business Machines (IBM), Home Depot (HD), Johnson & Johnson (JNJ), Procter & Gamble (PG), Chevron (CVX), AbbVie (ABBV), Intel (INTC) and Verizon Communications (VZ).

Hubbell's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.24%), Guinness Asset Management LTD (0.20%), Vaughan Nelson Investment Management L.P. (0.10%), Gateway Investment Advisers LLC (0.08%), Los Angeles Capital Management LLC (0.06%) and Werlinich Asset Management LLC (0.05%). Insiders that own company stock include Allan Connolly, Alyssa R Flynn, Anthony Guzzi, Carlos M Cardoso, Gerben Bakker, John F Malloy, Katherine Anne Lane, Mark Eugene Mikes, Nero Jonathan M Del, Nero Jonathan M Del, Stephen M Mais and William R Sperry.
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Shares of HUBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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