Seaport Res Ptn Raises Earnings Estimates for Hubbell

Hubbell Inc (NYSE:HUBB) – Stock analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of Hubbell in a research report issued to clients and investors on Tuesday, July 29th. Seaport Res Ptn analyst S. Graham now forecasts that the industrial products company will post earnings per share of $17.90 for the year, up from their prior estimate of $17.40. The consensus estimate for Hubbell’s current full-year earnings is $17.63 per share. Seaport Res Ptn also issued estimates for Hubbell’s Q4 2025 earnings at $4.52 EPS, Q2 2026 earnings at $5.40 EPS, Q3 2026 earnings at $5.46 EPS and Q4 2026 earnings at $4.89 EPS.

Hubbell (NYSE:HUBB) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $4.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $0.57. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.51 billion. Hubbell had a net margin of 14.76% and a return on equity of 27.63%.

Other research analysts have also issued reports about the company. Barclays upped their target price on Hubbell from $420.00 to $431.00 and gave the stock an “equal weight” rating in a research report on Friday. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company lifted their target price on shares of Hubbell from $420.00 to $445.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on shares of Hubbell from $352.00 to $417.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $460.75.

Hubbell Price Performance

Shares of NYSE:HUBB opened at $426.27 on Friday. The firm has a market cap of $22.75 billion, a price-to-earnings ratio of 27.68, a P/E/G ratio of 2.45 and a beta of 0.99. Hubbell has a 1 year low of $299.42 and a 1 year high of $481.35. The company has a current ratio of 1.30, a quick ratio of 0.73 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $408.97 and a 200 day simple moving average of $383.51.

Institutional Investors Weigh In On Hubbell

Several hedge funds have recently modified their holdings of HUBB. Teacher Retirement System of Texas raised its holdings in Hubbell by 1,462.9% in the 1st quarter. Teacher Retirement System of Texas now owns 7,846 shares of the industrial products company’s stock valued at $2,596,000 after acquiring an additional 7,344 shares in the last quarter. Private Trust Co. NA lifted its position in Hubbell by 60.4% in the first quarter. Private Trust Co. NA now owns 292 shares of the industrial products company’s stock worth $97,000 after purchasing an additional 110 shares during the period. Stratos Wealth Partners LTD. boosted its stake in Hubbell by 29.6% during the first quarter. Stratos Wealth Partners LTD. now owns 1,578 shares of the industrial products company’s stock worth $522,000 after buying an additional 360 shares in the last quarter. CX Institutional bought a new stake in Hubbell in the 1st quarter valued at $49,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Hubbell by 58.7% during the 1st quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock worth $192,000 after acquiring an additional 215 shares during the period. 88.16% of the stock is owned by institutional investors.

Insider Buying and Selling at Hubbell

In other news, Director Carlos M. Cardoso sold 400 shares of Hubbell stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $386.29, for a total value of $154,516.00. Following the transaction, the director directly owned 1,727 shares in the company, valued at approximately $667,122.83. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gerben Bakker sold 7,723 shares of the business’s stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $384.63, for a total value of $2,970,497.49. Following the transaction, the chief executive officer directly owned 82,101 shares of the company’s stock, valued at $31,578,507.63. This represents a 8.60% decrease in their position. The disclosure for this sale can be found here. 0.66% of the stock is currently owned by corporate insiders.

Hubbell Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. Hubbell’s dividend payout ratio is currently 34.29%.

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.