Hubbell (NYSE:HUBB – Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 29th. Analysts expect Hubbell to post earnings of $4.40 per share and revenue of $1.51 billion for the quarter. Hubbell has set its FY 2025 guidance at 17.350-17.850 EPS.
Hubbell (NYSE:HUBB – Get Free Report) last released its earnings results on Thursday, May 1st. The industrial products company reported $3.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.73 by ($0.23). The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.39 billion. Hubbell had a return on equity of 27.68% and a net margin of 14.29%. Hubbell’s revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.60 EPS. On average, analysts expect Hubbell to post $18 EPS for the current fiscal year and $19 EPS for the next fiscal year.
Hubbell Price Performance
Hubbell stock opened at $442.61 on Friday. The stock has a market cap of $23.62 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 2.55 and a beta of 0.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.73. Hubbell has a 1 year low of $299.42 and a 1 year high of $481.35. The firm has a 50-day moving average of $404.50 and a two-hundred day moving average of $382.95.
Hubbell Dividend Announcement
Insiders Place Their Bets
In other news, CEO Gerben Bakker sold 7,723 shares of the stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $384.63, for a total value of $2,970,497.49. Following the completion of the sale, the chief executive officer directly owned 82,101 shares in the company, valued at $31,578,507.63. This represents a 8.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos M. Cardoso sold 400 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $386.29, for a total transaction of $154,516.00. Following the completion of the sale, the director owned 1,727 shares of the company’s stock, valued at $667,122.83. This trade represents a 18.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company’s stock.
Institutional Investors Weigh In On Hubbell
A number of hedge funds have recently modified their holdings of HUBB. Geneos Wealth Management Inc. grew its holdings in shares of Hubbell by 271.9% in the first quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 155 shares during the period. Empowered Funds LLC grew its holdings in shares of Hubbell by 18.9% in the first quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company’s stock valued at $408,000 after purchasing an additional 196 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Hubbell in the first quarter valued at about $599,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Hubbell by 171.9% in the first quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company’s stock valued at $795,000 after purchasing an additional 1,518 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.
Analyst Ratings Changes
HUBB has been the topic of several research analyst reports. Wall Street Zen downgraded shares of Hubbell from a “buy” rating to a “hold” rating in a research report on Friday, April 11th. Barclays boosted their target price on shares of Hubbell from $414.00 to $420.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 9th. Wells Fargo & Company set a $420.00 target price on shares of Hubbell and gave the stock an “equal weight” rating in a research report on Tuesday, July 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Hubbell from $352.00 to $417.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $456.25.
Check Out Our Latest Analysis on Hubbell
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.
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