Pictet Asset Management Holding SA Has $14.63 Million Stock Position in Hubbell Inc $HUBB

Pictet Asset Management Holding SA reduced its position in shares of Hubbell Inc (NYSE:HUBB) by 3.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 32,952 shares of the industrial products company’s stock after selling 1,014 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Hubbell were worth $14,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in Hubbell by 147.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 34 shares during the last quarter. NBT Bank N A NY acquired a new stake in shares of Hubbell in the fourth quarter valued at about $27,000. Hantz Financial Services Inc. increased its stake 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 purchasing an additional 41 shares during the period. Baillie Gifford & Co. lifted its position in shares of Hubbell by 62.8% during the 4th quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 27 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its position 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 worth $32,000 after purchasing an additional 63 shares during the last quarter. 88.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Evercore raised their target price on Hubbell from $575.00 to $585.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Stephens reiterated an “overweight” rating and set a $550.00 price target on shares of Hubbell in a report on Thursday, February 5th. Morgan Stanley increased their price objective on Hubbell from $515.00 to $565.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 11th. Wall Street Zen lowered shares of Hubbell from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Hubbell in a research note on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $537.25.

Hubbell Trading Up 0.0%

Shares of HUBB opened at $508.30 on Friday. The stock’s 50-day moving average price is $508.77 and its 200 day moving average price is $476.92. The company has a quick ratio of 1.00, a current ratio of 1.58 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $27.02 billion, a price-to-earnings ratio of 30.49, a P/E/G ratio of 2.57 and a beta of 1.00. Hubbell Inc has a 12-month low of $346.07 and a 12-month high of $565.50.

Hubbell (NYSE:HUBB) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.06. Hubbell had a return on equity of 27.09% and a net margin of 15.10%.The company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company earned $3.50 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. As a group, research analysts predict that Hubbell Inc will post 19.79 earnings per share for the current year.

Hubbell Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $1.42 dividend. 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 dividend payout ratio (DPR) is 34.07%.

Insider Buying and Selling at Hubbell

In other Hubbell news, CEO Gerben Bakker sold 25,233 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $498.97, for a total value of $12,590,510.01. Following the sale, the chief executive officer owned 64,420 shares of the company’s stock, valued at $32,143,647.40. The trade was a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction of $1,362,221.73. Following the completion of the transaction, the insider owned 2,592 shares of the company’s stock, valued at approximately $1,357,508.16. This represents a 50.09% 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 over the last three months. 0.63% of the stock is currently owned by corporate insiders.

Key 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.

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.