Seaport Res Ptn Forecasts Hubbell’s Q3 Earnings (NYSE:HUBB)

Hubbell Incorporated (NYSE:HUBB) – Equities research analysts at Seaport Res Ptn boosted their Q3 2025 EPS estimates for Hubbell in a research report issued to clients and investors on Tuesday, October 29th. Seaport Res Ptn analyst S. Graham now forecasts that the industrial products company will post earnings of $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.

Several other research analysts also recently commented on the company. Morgan Stanley boosted their target price on Hubbell from $407.00 to $445.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised Hubbell from a “hold” rating to a “buy” rating and upped their price objective for the company from $431.00 to $441.00 in a research note on Friday, September 6th. Wells Fargo & Company upped their price objective on Hubbell from $445.00 to $455.00 and gave the company an “equal weight” rating in a research note on Wednesday. Stephens reaffirmed an “overweight” rating and issued a $450.00 price objective on shares of Hubbell in a research note on Friday, August 2nd. Finally, JPMorgan Chase & Co. downgraded Hubbell from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $385.00 to $454.00 in a research note on Thursday, October 10th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $434.38.

Hubbell Stock Down 0.3 %

Shares of NYSE HUBB opened at $425.70 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.13 and a debt-to-equity ratio of 0.51. The company has a market cap of $22.85 billion, a price-to-earnings ratio of 30.67, a PEG ratio of 1.59 and a beta of 0.90. Hubbell has a 12 month low of $274.42 and a 12 month high of $461.77. The stock has a 50-day moving average price of $421.70 and a two-hundred day moving average price of $395.78.

Hubbell (NYSE:HUBB) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $4.49 earnings per share for the quarter, topping the consensus estimate of $4.47 by $0.02. Hubbell had a net margin of 13.33% and a return on equity of 28.81%. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the prior year, the business posted $3.95 earnings per share. Hubbell’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 issued 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 positive change from Hubbell’s previous quarterly dividend of $1.22. Hubbell’s dividend payout ratio is currently 35.16%.

Insider Activity

In other news, CEO Gerben Bakker sold 15,677 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 66,415 shares in the company, valued at approximately $24,861,791.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Gerben Bakker sold 15,677 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 66,415 shares in the company, valued at approximately $24,861,791.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Carlos M. Cardoso sold 450 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $364.54, for a total transaction of $164,043.00. Following the completion of the sale, the director now owns 1,670 shares in the company, valued at $608,781.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.66% of the company’s stock.

Institutional Investors Weigh In On Hubbell

A number of institutional investors and hedge funds have recently made changes to their positions in HUBB. Nvwm LLC acquired a new stake in shares of Hubbell in the 1st quarter worth about $25,000. Quarry LP acquired a new stake in shares of Hubbell in the 2nd quarter worth about $49,000. Northwest Investment Counselors LLC bought a new stake in Hubbell in the 3rd quarter worth about $58,000. Ashton Thomas Private Wealth LLC bought a new stake in Hubbell in the 2nd quarter worth about $62,000. Finally, Massmutual Trust Co. FSB ADV grew its position in Hubbell by 23.5% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 184 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 88.16% of the company’s stock.

About Hubbell

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.