Hubbell (NYSE:HUBB) Announces Earnings Results

Hubbell (NYSE:HUBB) announced its earnings results on Thursday. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.06, Briefing.com reports. Hubbell had a return on equity of 27.45% and a net margin of 15.29%.The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the firm earned $3.50 EPS. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Hubbell updated its FY 2026 guidance to 19.300-19.850 EPS.

Here are the key takeaways from Hubbell’s conference call:

• Hubbell reported strong Q1 results with $1.517 billion in net sales (up 11%), 8% organic growth, adjusted operating profit up 18% and adjusted EPS of $3.93 (up 16%).
• Management raised full‑year guidance to 8%–11% total sales growth, 6%–9% organic growth and adjusted EPS of $19.30–$19.85, and expects at least 90% free cash‑flow conversion on adjusted net income.
• Company highlighted a long‑term opportunity in 765 kV high‑voltage transmission—an addressable market of about $1.5 billion over 10 years—with early project wins, product development and capacity investments that could add roughly a point of upside to transmission growth.
• Segment trends are robust—Utility Solutions drove double‑digit growth led by grid infrastructure and margin expansion, while Electrical Solutions delivered ~40% growth in data center markets (now guided >25% for the year); meter/AMI and grid automation remain weak but are expected to stabilize.
• Inflation accelerated versus prior assumptions but management says pricing and productivity offset costs dollar‑for‑dollar in Q1; they are increasing capacity and restructuring investments (R&R roughly $13M in Q1) and repurchased $168M of stock that is neutral to 2026 EPS but expected to be accretive in 2027.

Hubbell Stock Performance

Shares of HUBB traded up $0.13 during trading hours on Friday, reaching $508.30. 694,791 shares of the company traded hands, compared to its average volume of 567,624. 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 business has a fifty day moving average price of $508.77 and a 200-day moving average price of $476.92. Hubbell has a 12-month low of $346.07 and a 12-month high of $565.50. The stock has a market capitalization of $27.02 billion, a P/E ratio of 30.49, a P/E/G ratio of 2.76 and a beta of 1.00.

Hubbell Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 29th. Hubbell’s payout ratio is currently 34.07%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HUBB shares. Mizuho set a $575.00 price objective on Hubbell in a research report on Wednesday, February 4th. Stephens reiterated an “overweight” rating and issued a $550.00 target price on shares of Hubbell in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their price target on shares of Hubbell from $478.00 to $532.00 and gave the company a “neutral” rating 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 report on Sunday, April 26th. Finally, Wells Fargo & Company boosted their price objective on shares of Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $537.25.

More Hubbell News

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Wells Fargo raised its price target on HUBB to $560 (from $530) and assigned an “overweight” rating, implying roughly a double-digit upside from current levels — a notable analyst endorsement that can attract momentum buyers. Read More.
• Positive Sentiment: Management set FY2026 adjusted EPS guidance of $19.30–$19.85 and raised its sales growth outlook to 8%–11%, signaling confidence in revenue expansion and margin sustainability for the year. That guidance aligns with street expectations and reduces forecast uncertainty. Read More.
• Positive Sentiment: Q1 results beat: EPS of $3.93 vs. $3.87 expected and revenue of $1.52B vs. $1.50B expected; revenue was +11.1% YoY and margins/ROE remain strong — concrete evidence the business is executing. Read More.
• Positive Sentiment: Management’s earnings call emphasized a “confident growth path,” reinforcing the upbeat guidance and giving investors more color on end-market demand and product momentum. Read More.
• Neutral Sentiment: Wider coverage and analysis (earnings transcripts and analyst write-ups) are being published today, providing detail for investors but no new material surprises beyond the beat and guidance. Read More.
• Neutral Sentiment: Multiple outlets (Zacks, Kalkine, MarketBeat) note the quarter’s metrics and guidance; these pieces may help reaffirm the view but are largely confirmatory. Read More.

Insider Transactions at Hubbell

In other Hubbell news, VP Katherine Anne Lane sold 4,610 shares of Hubbell stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $505.60, for a total transaction of $2,330,816.00. Following the completion of the sale, the vice president owned 14,913 shares of the company’s stock, valued at approximately $7,540,012.80. The trade was a 23.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Nero Jonathan M. Del sold 2,245 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $500.60, for a total value of $1,123,847.00. Following the sale, the vice president owned 2,769 shares in the company, valued at approximately $1,386,161.40. The trade was a 44.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 34,689 shares of company stock worth $17,407,395. Insiders own 0.63% of the company’s stock.

Institutional Investors Weigh In On Hubbell

A number of large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake 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 worth $795,000 after acquiring an additional 1,518 shares during the period. Empowered Funds LLC grew its position in Hubbell by 18.9% during the 1st quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 196 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Hubbell by 271.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock valued at $70,000 after buying an additional 155 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Hubbell in the 1st quarter valued at about $599,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Hubbell by 31.1% in the second quarter. EverSource Wealth Advisors LLC now owns 468 shares of the industrial products company’s stock worth $191,000 after buying an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 88.16% of the company’s stock.

About Hubbell

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.