Dimensional Fund Advisors LP Has $251.53 Million Stock Holdings in Hubbell Inc $HUBB

Dimensional Fund Advisors LP raised its holdings in shares of Hubbell Inc (NYSE:HUBB) by 1.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 512,643 shares of the industrial products company’s stock after acquiring an additional 4,894 shares during the period. Dimensional Fund Advisors LP’s holdings in Hubbell were worth $251,531,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Hubbell by 147.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 34 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in Hubbell by 165.0% in the first quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. NBT Bank N A NY bought a new stake in Hubbell in the fourth quarter valued at about $27,000. Raiffeisen Bank International AG lifted its stake in Hubbell by 83.3% in the fourth quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company’s stock valued at $29,000 after buying an additional 30 shares during the period. Finally, Baillie Gifford & Co. lifted its stake in Hubbell by 62.8% in the fourth quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock valued at $31,000 after buying an additional 27 shares during the period. Institutional investors and hedge funds own 88.16% of the company’s stock.

Hubbell Trading Up 2.3%

NYSE:HUBB opened at $487.94 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.58 and a quick ratio of 0.94. The business’s 50-day simple moving average is $488.16 and its 200-day simple moving average is $496.65. Hubbell Inc has a fifty-two week low of $403.82 and a fifty-two week high of $565.50. The stock has a market capitalization of $25.78 billion, a PE ratio of 28.82, a price-to-earnings-growth ratio of 2.39 and a beta of 0.89.

Hubbell (NYSE:HUBB) last posted its earnings results on Thursday, April 30th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.06. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations 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 in the prior year, the business earned $3.50 EPS. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. Sell-side analysts expect that Hubbell Inc will post 19.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HUBB shares. UBS Group restated a “neutral” rating and set a $515.00 target price on shares of Hubbell in a research report on Tuesday, June 16th. Wall Street Zen upgraded shares of Hubbell from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Weiss Ratings lowered shares of Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Wells Fargo & Company boosted their price objective on shares of Hubbell from $530.00 to $560.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Barclays upped their target price on shares of Hubbell from $481.00 to $503.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Hubbell presently has an average rating of “Moderate Buy” and a consensus price target of $554.38.

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.