Financial Planning Hawaii Inc. Takes $505,000 Position in Hubbell Inc $HUBB

Financial Planning Hawaii Inc. acquired a new stake in Hubbell Inc (NYSE:HUBB) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,138 shares of the industrial products company’s stock, valued at approximately $505,000.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its position in shares of Hubbell by 141.4% in the third quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company’s stock worth $30,000 after buying an additional 41 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Hubbell by 630.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 73 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 63 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Hubbell during the 3rd quarter valued at about $33,000. Mather Group LLC. bought a new position in shares of Hubbell in the 3rd quarter valued at approximately $37,000. Finally, Grove Bank & Trust raised its stake in shares of Hubbell by 104.9% in the 4th quarter. Grove Bank & Trust now owns 84 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 43 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors.

Insider Transactions at Hubbell

In other news, insider Mark Eugene Mikes sold 2,601 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $523.73, for a total value of $1,362,221.73. Following the completion of the transaction, the insider owned 2,592 shares in the company, valued at approximately $1,357,508.16. This represents a 50.09% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 transaction of $12,590,510.01. Following the transaction, the chief executive officer directly owned 64,420 shares of the company’s stock, valued at $32,143,647.40. The trade was a 28.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,689 shares of company stock valued at $17,407,395 in the last ninety days. 0.76% of the stock is owned by company insiders.

Hubbell Trading Down 2.0%

Shares of HUBB opened at $471.30 on Tuesday. Hubbell Inc has a 12-month low of $299.42 and a 12-month high of $533.80. The company has a quick ratio of 1.00, a current ratio of 1.72 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $25.05 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.43 and a beta of 1.00. The stock’s 50-day moving average price is $495.73 and its 200 day moving average price is $461.23.

Hubbell (NYSE:HUBB) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.49 billion. During the same quarter last year, the company earned $4.10 EPS. The company’s quarterly revenue 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 predict that Hubbell Inc will post 17.63 earnings per share for the current year.

Hubbell Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, February 27th. Hubbell’s dividend payout ratio (DPR) is 34.07%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HUBB shares. Mizuho set a $575.00 target price on Hubbell in a research report on Wednesday, February 4th. Wall Street Zen cut shares of Hubbell from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Barclays upped their price objective on shares of Hubbell from $465.00 to $481.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Hubbell in a research note on Thursday, January 22nd. 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 equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $536.00.

Hubbell Company 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.