HUBB Stock - Hubbell Incorporated
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $5.63B | $5.37B | $4.95B | $4.19B | $3.68B |
| Gross Profit | $1.90B | $1.89B | $1.47B | $1.15B | $1.09B |
| Gross Margin | 33.8% | 35.1% | 29.7% | 27.5% | 29.5% |
| Operating Income | $1.09B | $1.04B | $709.10M | $532.30M | $494.50M |
| Net Income | $777.80M | $759.80M | $545.90M | $399.50M | $351.20M |
| Net Margin | 13.8% | 14.1% | 11.0% | 9.5% | 9.5% |
| EPS | $14.46 | $14.14 | $9.49 | $7.34 | $6.46 |
Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic products in the United States and internationally. It operates through two segments, Electrical Solution and Utility Solution. 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 for the natural gas distribution market. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented Internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors, as well as directly to users, such as utilities, telecommunication companies, industrial firms, and construction and engineering firms. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 15th 2025 | Evercore ISI | Initiation | Outperform | $575 |
| November 20th 2025 | UBS | Initiation | Neutral | $450 |
| September 2nd 2025 | Wells Fargo | Upgrade | Overweight | $490 |
| November 26th 2024 | Deutsche Bank | Downgrade | Hold | $473← $493 |
| November 5th 2024 | Bernstein | Initiation | Outperform | $535 |
| October 10th 2024 | JP Morgan | Downgrade | Neutral | $454← $385 |
| September 6th 2024 | Morgan Stanley | Initiation | Equal Weight | $407 |
| September 6th 2024 | Deutsche Bank | Upgrade | Buy | $441← $431 |
| March 11th 2024 | Deutsche Bank | Initiation | Hold | $427 |
| December 8th 2023 | TD Cowen | Initiation | Outperform | $338 |
| December 4th 2023 | Barclays | Initiation | Equal Weight | $325 |
| November 17th 2023 | JP Morgan | Upgrade | Overweight | $335← $333 |
| November 8th 2023 | Seaport Research Partners | Initiation | Buy | $325 |
| August 11th 2023 | Wolfe Research | Upgrade | Peer Perform | - |
| February 1st 2023 | JP Morgan | Upgrade | Neutral | $205← $200 |
Earnings History & Surprises
HUBBEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $4.69 | — | — | — |
Q4 2025 | Oct 28, 2025 | $4.98 | $5.17 | +3.8% | ✓ BEAT |
Q3 2025 | Jul 29, 2025 | $4.36 | $4.93 | +13.1% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $3.70 | $3.50 | -5.4% | ✗ MISS |
Q1 2025 | Feb 4, 2025 | $4.02 | $4.10 | +2.0% | ✓ BEAT |
Q4 2024 | Oct 29, 2024 | $4.45 | $4.49 | +0.9% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $4.24 | $4.37 | +3.1% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $3.54 | $3.60 | +1.7% | ✓ BEAT |
Q1 2024 | Jan 30, 2024 | $3.58 | $3.69 | +3.1% | ✓ BEAT |
Q4 2023 | Oct 31, 2023 | $4.05 | $3.95 | -2.5% | ✗ MISS |
Q3 2023 | Jul 25, 2023 | $3.72 | $4.07 | +9.4% | ✓ BEAT |
Q2 2023 | Apr 25, 2023 | $2.47 | $3.61 | +46.2% | ✓ BEAT |
Q1 2023 | Jan 31, 2023 | $2.41 | $2.60 | +7.9% | ✓ BEAT |
Q4 2022 | Oct 25, 2022 | $2.71 | $2.88 | +6.3% | ✓ BEAT |
Q3 2022 | Jul 26, 2022 | $2.41 | $2.81 | +16.6% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $1.85 | $2.12 | +14.6% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $2.10 | $2.07 | -1.4% | ✗ MISS |
Q4 2021 | Oct 26, 2021 | $2.34 | $2.24 | -4.3% | ✗ MISS |
Q3 2021 | Jul 27, 2021 | $2.15 | $2.36 | +9.8% | ✓ BEAT |
Latest News
Evercore ISI Group Initiates Coverage On Hubbell with Outperform Rating, Announces Price Target of $575
📈 PositiveUBS Initiates Coverage On Hubbell with Neutral Rating, Announces Price Target of $450
➖ NeutralHubbell shares are trading higher after Barclays raised its price target on the stock from $431 to $456. Also, Wells Fargo raised its price target on the stock from $490 to $500.
📈 PositiveWells Fargo Maintains Overweight on Hubbell, Raises Price Target to $500
📈 PositiveBarclays Maintains Equal-Weight on Hubbell, Raises Price Target to $456
➖ NeutralHubbell Raises FY2025 Adj EPS Guidance from $17.65-$18.15 to $18.10-$18.30 vs $17.90 Est
📈 PositiveHubbell Raises FY2025 GAAP EPS Guidance from $16.25-$16.75 to $16.55-$16.75 vs $16.32 Est
📈 PositiveHubbell Q3 Adj. EPS $5.17 Beats $4.98 Estimate, Sales $1.502B Miss $1.534B Estimate
➖ NeutralMizuho Maintains Outperform on Hubbell, Raises Price Target to $480
📈 PositiveJP Morgan Maintains Neutral on Hubbell, Raises Price Target to $458
➖ NeutralStephens & Co. Reiterates Overweight on Hubbell, Maintains $500 Price Target
📈 PositiveHubbell's CFO Bill Sperry To Retire Effective December 31, 2025; Joseph Capozzoli Named CFO, Effective January 1, 2026
➖ NeutralWells Fargo Upgrades Hubbell to Overweight, Raises Price Target to $490
📈 PositiveFrequently Asked Questions about HUBB
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