New York State Teachers Retirement System Decreases Stake in Hubbell Inc $HUBB

New York State Teachers Retirement System decreased its position in Hubbell Inc (NYSE:HUBB) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,575 shares of the industrial products company’s stock after selling 1,473 shares during the period. New York State Teachers Retirement System’s holdings in Hubbell were worth $18,908,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Hubbell in the 3rd quarter valued at about $162,309,000. Massachusetts Financial Services Co. MA increased its stake 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 worth $712,484,000 after purchasing an additional 226,856 shares during the last quarter. Qube Research & Technologies Ltd increased its stake 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 worth $95,738,000 after purchasing an additional 173,668 shares during the last quarter. Boston Partners increased its stake 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 worth $316,521,000 after purchasing an additional 172,990 shares during the last quarter. Finally, Merewether Investment Management LP purchased a new stake in shares of Hubbell during the 2nd quarter worth approximately $68,164,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Trending Headlines about 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HUBB shares. JPMorgan Chase & Co. raised their price target on shares of Hubbell from $478.00 to $532.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Barclays raised their price target on shares of Hubbell from $465.00 to $481.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Stephens restated an “overweight” rating and set a $550.00 price target on shares of Hubbell in a research note on Thursday, February 5th. Evercore raised their price target on shares of Hubbell from $575.00 to $585.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Finally, Morgan Stanley raised their price target on shares of Hubbell from $515.00 to $565.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 11th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Hubbell has a consensus rating of “Moderate Buy” and an average price target of $537.25.

Insider Buying and Selling at Hubbell

In related news, VP Nero Jonathan M. Del sold 2,245 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 2,769 shares of the company’s stock, valued at approximately $1,386,161.40. This trade represents a 44.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Eugene Mikes sold 2,601 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was 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 directly owned 2,592 shares of the company’s stock, valued at approximately $1,357,508.16. This trade represents a 50.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,689 shares of company stock valued at $17,407,395 in the last quarter. Corporate insiders own 0.63% of the company’s stock.

Hubbell Stock Up 0.0%

HUBB opened at $508.30 on Friday. The company has a 50 day moving average of $508.77 and a 200 day moving average of $477.33. The company has a market cap of $27.02 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.57 and a beta of 0.95. Hubbell Inc has a 12 month low of $346.07 and a 12 month high of $565.50. The company has a current ratio of 1.58, a quick ratio of 1.00 and a debt-to-equity ratio of 0.54.

Hubbell (NYSE:HUBB) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, topping the consensus estimate of $3.87 by $0.06. The company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. Hubbell’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $3.50 EPS. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, sell-side analysts expect that Hubbell Inc will post 19.82 EPS for the current year.

Hubbell Dividend Announcement

The firm also recently disclosed 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 of this dividend is Friday, May 29th. This represents a $5.68 annualized dividend and a yield of 1.1%. Hubbell’s dividend payout ratio (DPR) is 34.07%.

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.