Hubbell Inc $HUBB Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. decreased its position in Hubbell Inc (NYSE:HUBB) by 15.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,791 shares of the industrial products company’s stock after selling 6,138 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Hubbell were worth $16,583,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in shares of Hubbell by 171.9% in the 1st quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company’s stock valued at $795,000 after buying an additional 1,518 shares during the period. Empowered Funds LLC boosted its holdings in Hubbell by 18.9% during the 1st quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company’s stock valued at $408,000 after acquiring an additional 196 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Hubbell by 271.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock valued at $70,000 after acquiring an additional 155 shares during the period. Acadian Asset Management LLC acquired a new position in Hubbell in the 1st quarter valued at about $599,000. Finally, EverSource Wealth Advisors LLC grew its position in Hubbell by 31.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 468 shares of the industrial products company’s stock valued at $191,000 after acquiring an additional 111 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors and hedge funds.

Hubbell Price Performance

Shares of NYSE HUBB opened at $485.33 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 company has a market cap of $25.64 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 2.43 and a beta of 0.89. The stock’s 50-day moving average is $488.26 and its two-hundred day moving average is $496.57. Hubbell Inc has a 1-year low of $403.82 and a 1-year high of $565.50.

Hubbell (NYSE:HUBB) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a return on equity of 27.09% and a net margin of 15.10%.The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the business posted $3.50 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. Analysts forecast that Hubbell Inc will post 19.98 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on HUBB shares. Wells Fargo & Company increased their price target on shares of Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wall Street Zen upgraded shares of Hubbell from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Stephens upped their target price on shares of Hubbell from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Barclays increased their target price on shares of Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, UBS Group reissued a “neutral” rating and issued a $515.00 price target on shares of Hubbell in a research report on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $554.38.

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.