B. Metzler seel. Sohn & Co. AG Acquires 1,249 Shares of Hubbell Inc $HUBB

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Hubbell Inc (NYSE:HUBB) by 16.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,779 shares of the industrial products company’s stock after buying an additional 1,249 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Hubbell were worth $3,899,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Townsquare Capital LLC boosted its holdings in shares of Hubbell by 0.8% during the 3rd quarter. Townsquare Capital LLC now owns 2,817 shares of the industrial products company’s stock worth $1,212,000 after buying an additional 22 shares in the last quarter. BSW Wealth Partners lifted its holdings in shares of Hubbell by 2.9% in the 4th quarter. BSW Wealth Partners now owns 769 shares of the industrial products company’s stock worth $341,000 after purchasing an additional 22 shares in the last quarter. Unique Wealth LLC lifted its holdings in shares of Hubbell by 2.6% in the 3rd quarter. Unique Wealth LLC now owns 897 shares of the industrial products company’s stock worth $386,000 after purchasing an additional 23 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Hubbell by 2.2% in the 4th quarter. GAMMA Investing LLC now owns 1,065 shares of the industrial products company’s stock worth $473,000 after purchasing an additional 23 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Hubbell by 2.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 1,237 shares of the industrial products company’s stock worth $505,000 after purchasing an additional 24 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors.

Hubbell Trading Down 0.7%

Shares of HUBB opened at $554.16 on Friday. The business has a 50-day moving average of $507.58 and a 200 day moving average of $473.48. Hubbell Inc has a fifty-two week low of $341.03 and a fifty-two week high of $565.50. The firm has a market cap of $29.46 billion, a P/E ratio of 33.24, a price-to-earnings-growth ratio of 2.82 and a beta of 1.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.72.

Hubbell (NYSE:HUBB) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 earnings per share for the quarter, topping the consensus estimate of $4.70 by $0.03. Hubbell had a return on equity of 27.45% and a net margin of 15.29%.The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the firm posted $4.10 EPS. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. As a group, research analysts forecast that Hubbell Inc will post 19.79 EPS for the current year.

Hubbell Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $1.42 dividend. The ex-dividend date was Friday, February 27th. This represents a $5.68 annualized dividend and a yield of 1.0%. Hubbell’s dividend payout ratio (DPR) is currently 34.07%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on HUBB shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Hubbell in a report on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on Hubbell from $478.00 to $532.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Evercore increased their target price on Hubbell from $575.00 to $585.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Stephens reiterated an “overweight” rating and issued a $550.00 target price on shares of Hubbell in a report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Hubbell has an average rating of “Moderate Buy” and an average price target of $533.50.

Insider Buying and Selling

In other Hubbell news, VP Nero Jonathan M. Del sold 2,245 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $500.60, for a total value of $1,123,847.00. Following the completion of the transaction, the vice president owned 2,769 shares in the company, valued at $1,386,161.40. This trade represents a 44.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gerben Bakker sold 25,233 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $498.97, for a total value of $12,590,510.01. Following the completion of the transaction, the chief executive officer owned 64,420 shares of the company’s stock, valued at approximately $32,143,647.40. This represents a 28.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,689 shares of company stock worth $17,407,395 in the last 90 days. 0.63% of the stock is owned by company insiders.

Hubbell Profile

Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.

The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.