Financial Planning Hawaii Inc. Makes New Investment in Hubbell Inc $HUBB

Financial Planning Hawaii Inc. acquired a new stake in shares of Hubbell Inc (NYSE:HUBB) during the fourth quarter, Holdings Channel reports. The firm acquired 1,138 shares of the industrial products company’s stock, valued at approximately $505,000.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. grew its position in Hubbell by 141.4% in the third quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 41 shares during the period. Harbor Investment Advisory LLC lifted its holdings in shares of Hubbell by 630.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 73 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 63 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Hubbell during the third quarter valued at $33,000. Grove Bank & Trust boosted its stake in shares of Hubbell by 104.9% in the 4th quarter. Grove Bank & Trust now owns 84 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 43 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of Hubbell in the 3rd quarter valued at $37,000. 88.16% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Hubbell in a research report on Thursday, January 22nd. JPMorgan Chase & Co. boosted 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 research note on Saturday, March 21st. UBS Group reaffirmed a “neutral” rating and set a $450.00 price objective on shares of Hubbell in a report on Friday, December 12th. Finally, Evercore lifted their target price on shares of Hubbell from $575.00 to $585.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $536.00.

Insider Activity at Hubbell

In related news, VP Nero Jonathan M. Del sold 2,245 shares of the business’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 owned 2,769 shares in the company, valued at $1,386,161.40. The trade was a 44.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gerben Bakker sold 25,233 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $498.97, for a total value of $12,590,510.01. Following the transaction, the chief executive officer directly owned 64,420 shares in the company, valued at approximately $32,143,647.40. This represents a 28.15% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 34,689 shares of company stock worth $17,407,395. 0.76% of the stock is currently owned by company insiders.

Hubbell Stock Performance

Hubbell stock opened at $471.30 on Tuesday. The stock has a 50-day simple moving average of $495.73 and a 200 day simple moving average of $461.23. The stock has a market capitalization of $25.05 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.43 and a beta of 1.00. The company has a quick ratio of 1.00, a current ratio of 1.72 and a debt-to-equity ratio of 0.53. Hubbell Inc has a 12-month low of $299.42 and a 12-month high of $533.80.

Hubbell (NYSE:HUBB) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.03. The firm had revenue of $1.49 billion for 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 was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.10 EPS. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. On average, research analysts anticipate that Hubbell Inc will post 17.63 earnings per share for the current fiscal year.

Hubbell Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, February 27th. Hubbell’s dividend payout ratio is 34.07%.

Hubbell 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.