Evercore ISI Issues Positive Forecast for Hubbell (NYSE:HUBB) Stock Price

Hubbell (NYSE:HUBB) had its target price increased by Evercore ISI from $575.00 to $585.00 in a research note released on Wednesday morning,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

Other equities research analysts have also issued research reports about the company. Wells Fargo & Company lifted their target price on Hubbell from $515.00 to $550.00 and gave the company an “overweight” rating in a research report on Wednesday. Morgan Stanley set a $515.00 price target on shares of Hubbell in a research note on Wednesday, January 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Hubbell in a research report on Thursday, January 22nd. UBS Group restated a “neutral” rating and set a $450.00 target price on shares of Hubbell in a report on Friday, December 12th. Finally, Wall Street Zen upgraded shares of Hubbell from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $523.50.

Hubbell Stock Down 3.3%

Shares of HUBB stock opened at $487.47 on Wednesday. Hubbell has a 12-month low of $299.42 and a 12-month high of $513.59. The company has a quick ratio of 0.85, a current ratio of 1.72 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average of $461.40 and a 200-day moving average of $443.85. The company has a market capitalization of $25.91 billion, a price-to-earnings ratio of 29.24, a P/E/G ratio of 2.57 and a beta of 1.02.

Hubbell (NYSE:HUBB) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $4.73 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.03. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. Hubbell had a net margin of 15.29% and a return on equity of 27.45%. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $4.10 EPS. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. As a group, equities research analysts predict that Hubbell will post 17.63 earnings per share for the current fiscal year.

Hubbell Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 27th. Hubbell’s dividend payout ratio is presently 35.24%.

Insider Transactions at Hubbell

In other Hubbell news, Director John F. Malloy purchased 435 shares of Hubbell stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average price of $429.24 per share, for a total transaction of $186,719.40. Following the completion of the acquisition, the director owned 19,085 shares of the company’s stock, valued at approximately $8,192,045.40. This trade represents a 2.33% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.66% of the company’s stock.

Institutional Trading of Hubbell

A number of hedge funds have recently made changes to their positions in the business. Boston Partners bought a new position in shares of Hubbell in the second quarter valued at about $230,691,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Hubbell during the 3rd quarter worth about $162,309,000. Mirova US LLC acquired a new position in Hubbell in the 2nd quarter valued at about $139,386,000. Troy Asset Management Ltd bought a new position in Hubbell in the 2nd quarter valued at about $132,540,000. Finally, Bain Capital Public Equity Management II LLC acquired a new stake in Hubbell during the second quarter worth approximately $132,286,000. 88.16% of the stock is owned by institutional investors and hedge funds.

Hubbell News Roundup

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Q4 results beat on EPS and showed solid top-line growth: Hubbell reported $4.73 EPS vs. $4.70 expected and revenue of $1.49B (up ~11.9% YoY), supporting the company’s profitability and growth story. Read More.
• Positive Sentiment: Data-center and utility demand remains a key driver: management cited strong demand from data centers and utilities that lifted margins and volume in the quarter. That tailwind underpins revenue guidance and investor interest. Read More.
• Positive Sentiment: Strategic growth initiative — Aclara360: Hubbell is pushing Aclara360 (grid data/software) to convert meter/grid data into recurring software revenue, which investors view as higher-margin, more predictable growth. Read More.
• Positive Sentiment: Analyst support: Evercore raised its price target (to $585) and keeps an outperform view, giving the stock meaningful upside in street targets. That lift in targets is supportive for longer-term sentiment. Read More.
• Neutral Sentiment: JPMorgan raised its price target to $532 but kept a neutral rating — the higher PT is constructive, but the unchanged rating tempers immediate buying pressure. Read More.
• Neutral Sentiment: FY‑2026 guidance set (EPS range $19.15–$19.85; revenue $6.3–$6.4B): the range overlaps Street estimates (consensus ~$19.77 EPS), so guidance is broadly in line rather than a clear upside surprise. Management also expects 7–9% total sales growth in 2026. Read More.
• Negative Sentiment: Profit-taking and valuation pressure after a fresh 12‑month high: the stock recently reached a new 12‑month high, and some investors appear to be trimming positions into the news, weighing on the price despite the beat. Read More.
• Negative Sentiment: Balance-sheet/liquidity and valuation considerations: Hubbell trades at a relatively rich P/E (~30) and has a quick ratio below 1 (0.85), which may make some investors cautious about downside risk if growth or margins slow. Read More.

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.