US Bancorp DE Raises Stake in Hubbell Inc $HUBB

US Bancorp DE increased its stake in shares of Hubbell Inc (NYSE:HUBB) by 5.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 26,439 shares of the industrial products company’s stock after purchasing an additional 1,318 shares during the period. US Bancorp DE’s holdings in Hubbell were worth $11,742,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HUBB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Hubbell in the 3rd quarter valued at about $162,309,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Hubbell by 15.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,655,746 shares of the industrial products company’s stock valued at $712,484,000 after buying an additional 226,856 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Hubbell by 355.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 222,485 shares of the industrial products company’s stock valued at $95,738,000 after buying an additional 173,668 shares in the last quarter. Boston Partners raised its holdings in shares of Hubbell by 30.7% during the 3rd quarter. Boston Partners now owns 736,469 shares of the industrial products company’s stock valued at $316,521,000 after buying an additional 172,990 shares in the last quarter. Finally, Merewether Investment Management LP purchased a new position in shares of Hubbell during the 2nd quarter valued at about $68,164,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Wall Street Analyst Weigh In

HUBB has been the topic of a number of research reports. Morgan Stanley raised their price objective on Hubbell from $515.00 to $565.00 and gave the company an “equal weight” rating in a report on Wednesday, March 11th. Wells Fargo & Company raised their price objective on Hubbell from $530.00 to $560.00 and gave the company an “overweight” rating in a report on Friday. Wall Street Zen cut Hubbell from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Mizuho set a $575.00 price objective on Hubbell in a report on Wednesday, February 4th. Finally, Barclays raised their price target on Hubbell from $465.00 to $481.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $537.25.

Hubbell Price Performance

HUBB opened at $508.30 on Friday. The stock’s 50 day simple moving average is $508.77 and its 200 day simple moving average is $477.33. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.58 and a quick ratio of 1.00. Hubbell Inc has a 1 year low of $346.07 and a 1 year high of $565.50. The firm has a market cap of $27.02 billion, a price-to-earnings ratio of 30.02, a PEG ratio of 2.57 and a beta of 0.95.

Hubbell (NYSE:HUBB) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.06. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. Hubbell had a return on equity of 27.09% and a net margin of 15.10%.Hubbell’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the company earned $3.50 EPS. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. As a group, analysts predict that Hubbell Inc will post 19.82 earnings per share for the current year.

Hubbell Dividend Announcement

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

Key Headlines Impacting Hubbell

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 Activity at Hubbell

In related news, VP Katherine Anne Lane sold 4,610 shares of Hubbell stock in a transaction on Monday, February 9th. The shares were sold at an average price of $505.60, for a total value of $2,330,816.00. Following the sale, the vice president owned 14,913 shares in the company, valued at $7,540,012.80. The trade was a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Mark Eugene Mikes sold 2,601 shares of Hubbell stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $523.73, for a total transaction of $1,362,221.73. Following the completion of the sale, the insider owned 2,592 shares in the company, valued at approximately $1,357,508.16. This trade represents a 50.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 34,689 shares of company stock worth $17,407,395. 0.63% of the stock is currently owned by insiders.

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.