Seaport Res Ptn Has Negative Outlook of Hubbell Q1 Earnings

Hubbell Incorporated (NYSE:HUBB) – Stock analysts at Seaport Res Ptn decreased their Q1 2025 EPS estimates for Hubbell in a research report issued to clients and investors on Wednesday, February 5th. Seaport Res Ptn analyst S. Graham now expects that the industrial products company will post earnings of $3.73 per share for the quarter, down from their prior forecast of $3.82. The consensus estimate for Hubbell’s current full-year earnings is $16.48 per share. Seaport Res Ptn also issued estimates for Hubbell’s Q2 2025 earnings at $4.76 EPS, Q3 2025 earnings at $4.87 EPS, Q4 2025 earnings at $4.38 EPS, FY2025 earnings at $17.74 EPS, Q1 2026 earnings at $4.13 EPS, Q2 2026 earnings at $5.17 EPS, Q3 2026 earnings at $5.27 EPS, Q4 2026 earnings at $4.75 EPS and FY2026 earnings at $19.32 EPS.

Several other analysts have also recently commented on HUBB. Barclays lifted their price objective on shares of Hubbell from $402.00 to $475.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Mizuho boosted their target price on shares of Hubbell from $450.00 to $490.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Wells Fargo & Company dropped their target price on Hubbell from $455.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. cut Hubbell from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $385.00 to $454.00 in a research report on Thursday, October 10th. Finally, StockNews.com downgraded Hubbell from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Hubbell currently has a consensus rating of “Hold” and a consensus target price of $471.50.

Hubbell Stock Performance

HUBB opened at $394.04 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.66 and a debt-to-equity ratio of 0.51. Hubbell has a 52-week low of $346.13 and a 52-week high of $481.35. The company has a market cap of $21.15 billion, a P/E ratio of 28.39, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. The firm’s 50-day moving average price is $435.82 and its 200-day moving average price is $422.19.

Hubbell (NYSE:HUBB) last released its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $4.10 earnings per share for the quarter, beating analysts’ consensus estimates of $4.02 by $0.08. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Hubbell had a net margin of 13.33% and a return on equity of 28.81%. The company’s revenue was down .9% compared to the same quarter last year. During the same period last year, the business earned $3.69 EPS.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Mizuho Securities USA LLC increased its position in shares of Hubbell by 192,421.1% during the third quarter. Mizuho Securities USA LLC now owns 7,980,000 shares of the industrial products company’s stock worth $3,418,233,000 after purchasing an additional 7,975,855 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Hubbell by 42,735.0% during the third quarter. International Assets Investment Management LLC now owns 1,919,865 shares of the industrial products company’s stock worth $8,223,740,000 after buying an additional 1,915,383 shares during the last quarter. Impax Asset Management Group plc increased its position in Hubbell by 30.3% in the 3rd quarter. Impax Asset Management Group plc now owns 1,202,455 shares of the industrial products company’s stock valued at $514,377,000 after acquiring an additional 279,654 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Hubbell by 268.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 231,130 shares of the industrial products company’s stock valued at $99,005,000 after acquiring an additional 168,380 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Hubbell in the fourth quarter valued at approximately $63,647,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Hubbell Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $1.32 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.28 annualized dividend and a yield of 1.34%. Hubbell’s dividend payout ratio (DPR) is 38.04%.

About Hubbell

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies.