Hubbell B (HUBB)
NYSE:HUBB
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Hubbell B
(NYSE:HUBB)
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Rating:74Outperform
Price Target:
$578.00
â–²(7.92% Upside)
Action:ReiteratedDate:05/05/26
Score is driven primarily by strong financial performance (healthy margins, strong cash generation, high ROE) and a bullish earnings update with raised 2026 guidance and continued utility/data-center strength. The main offsets are premium valuation (high P/E with modest yield), mixed near-term technical momentum, and added execution/financing risk from the NSI acquisition.
Positive Factors
Free Cash Flow Conversion
Hubbell converts a high share of earnings into cash (TTM FCF ~$909M, ~85% of net income), providing durable internal funding for capex, dividends, buybacks and M&A. Strong cash conversion supports capital allocation discipline and reduces reliance on external financing over the medium term.
Negative Factors
Rising Leverage
Leverage has increased meaningfully year-over-year (debt/equity ~0.68 vs ~0.53), narrowing financial flexibility. Higher debt raises interest-cost sensitivity and limits headroom for opportunistic investment or weathering demand shocks, which can strain cash allocation if markets weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Conversion
Hubbell converts a high share of earnings into cash (TTM FCF ~$909M, ~85% of net income), providing durable internal funding for capex, dividends, buybacks and M&A. Strong cash conversion supports capital allocation discipline and reduces reliance on external financing over the medium term.
Read all positive factors
Hubbell B (HUBB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$27.27B
Dividend Yield1.18%
Average Volume (3M)524.26K
Price to Earnings (P/E)35.9
Beta (1Y)1.15
Revenue Growth7.18%
EPS Growth14.32%
CountryUS
Employees17,700
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)17.01
Shares Outstanding52,841,778
10 Day Avg. Volume486,873
30 Day Avg. Volume524,263
Financial Highlights & Ratios
PEG Ratio1.78
Price to Book (P/B)6.14
Price to Sales (P/S)4.04
P/FCF Ratio27.03
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue4.95
Enterprise Value/Gross Profit13.93
Enterprise Value/Ebitda20.58
Forecast
1Y Price Target
$556.00Price Target Upside3.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)19.74
Revenue Forecast (FY)$6.40B
Hubbell B Business Overview & Revenue Model
Company Description
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 Ele...
How the Company Makes Money
Hubbell makes money primarily by manufacturing and selling electrical and utility infrastructure products through two main operating segments: (1) Utility Solutions, which sells products used by electric utilities and contractors to build, maintai...
Hubbell B Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Highlights segment-level operating results to reveal which businesses are profitable on an operating basis and which require restructuring, price changes, or cost control to improve returns.
Highlights segment-level operating results to reveal which businesses are profitable on an operating basis and which require restructuring, price changes, or cost control to improve returns.
Data provided by:
The Fly
The FlyHubbell B Earnings Call Summary
Earnings Call Date:Apr 30, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 04, 2026
Earnings Call Sentiment Positive
The call presented multiple material positives: double-digit growth in sales, adjusted operating profit and adjusted EPS; strong segment performance (utility grid infrastructure and data center); raised full-year guidance; healthy orders and a disciplined capital allocation approach. Challenges were highlighted but contained: grid automation/Aclara weakness (bottoming), near-term margin pressure from elevated inflation and restructuring investments, higher interest expense from recent M&A, and localized supply considerations. Overall, the positives (revenue and profit acceleration, upgraded guidance, robust end-market demand and strategic investments) meaningfully outweigh the contained lowlights.Positive Updates
Revenue Growth and Composition
Net sales of $1.517 billion in Q1 2026, an 11% increase year-over-year driven by 8% organic growth and 3% from acquisitions.
Negative Updates
Grid Automation and Aclara Softness
Grid automation organic sales declined 7% year-over-year in Q1 (though sequentially up slightly); Aclara remains down Y/Y but the decline is narrowing and expected to inflect to modest growth over time.
Read all updates
Q1-2026 Updates
Positive
Negative
Revenue Growth and Composition
Net sales of $1.517 billion in Q1 2026, an 11% increase year-over-year driven by 8% organic growth and 3% from acquisitions.
Read all positive updates
Company Guidance
Hubbell raised its 2026 outlook to total sales growth of 8–11% and organic growth of 6–9%, with adjusted EPS now $19.30–$19.85 and double‑digit adjusted operating profit growth at the midpoint; management expects about a 20‑bp full‑year margin expansion at the midpoint (leaning to Utility), will manage price/cost productivity to neutral or better on a dollar‑for‑dollar basis, and targets at least 90% free‑cash‑flow conversion on adjusted net income. In Q1 the company reported net sales of $1.517 billion (up 11% Y/Y: +8% organic, +3% acquisitions), adjusted operating profit of $301 million (up 18%, +110 bps margin) and adjusted EPS of $3.93 (up 16%); Utility Solutions sales were $949 million (+11%: +7% organic, +3% acquisitions) with Grid Infrastructure organic +12% and HUS adjusted operating profit +21% (+190 bps), while Electrical Solutions sales were $568 million (+12%: +11% organic), data center sales were ~40% higher and HES adjusted operating profit was $93 million (up 10%, 16.4% margin, -30 bps). The company now models data center growth >25% for the year, expects roughly three points of price realization (the remainder of organic growth from volume), assumes a full‑year share count of ~53.1 million (Q1 share repurchases of $168 million at an average < $500/share are neutral to 2026 EPS but expected to be accretive in 2027), and continues to invest in capacity and M&A while maintaining a strong balance sheet.Hubbell B Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
74
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.00B | 5.84B | 5.63B | 5.37B | 4.95B | 4.19B |
| Gross Profit | 2.13B | 2.07B | 1.90B | 1.89B | 1.47B | 1.15B |
| EBITDA | 1.44B | 1.34B | 1.29B | 1.17B | 855.10M | 663.10M |
| Net Income | 905.70M | 887.10M | 777.80M | 759.80M | 545.90M | 399.50M |
Balance Sheet | ||||||
| Total Assets | 8.42B | 8.23B | 6.68B | 6.91B | 5.40B | 5.28B |
| Cash, Cash Equivalents and Short-Term Investments | 516.90M | 497.90M | 345.00M | 348.70M | 454.80M | 295.60M |
| Total Debt | 2.74B | 2.61B | 1.72B | 2.29B | 1.56B | 1.53B |
| Total Liabilities | 4.64B | 4.37B | 3.40B | 4.02B | 3.03B | 3.04B |
| Stockholders Equity | 3.78B | 3.85B | 3.27B | 2.88B | 2.36B | 2.23B |
Cash Flow | ||||||
| Free Cash Flow | 909.30M | 874.70M | 810.80M | 715.10M | 453.90M | 453.60M |
| Operating Cash Flow | 1.08B | 1.03B | 991.20M | 880.80M | 583.20M | 543.80M |
| Investing Cash Flow | -1.04B | -1.09B | -59.10M | -1.38B | 16.40M | -77.80M |
| Financing Cash Flow | 105.20M | 203.60M | -923.40M | 388.50M | -437.10M | -433.00M |
Hubbell B Technical Analysis
Positive
535.57
Price Trends
502.81
Positive
480.24
Positive
455.02
Positive
Market Momentum
11.92
Negative
60.79
Neutral
65.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HUBB, the sentiment is Positive. The current price of 535.57 is above the 20-day moving average (MA) of 507.99, above the 50-day MA of 502.81, and above the 200-day MA of 455.02, indicating a bullish trend. The MACD of 11.92 indicates Negative momentum. The RSI at 60.79 is Neutral, neither overbought nor oversold. The STOCH value of 65.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HUBB.
Hubbell B Risk Analysis
Hubbell B disclosed 25 risk factors in its most recent earnings report. Hubbell B reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Hubbell B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $7.78B | 15.10 | 16.61% | 0.67% | 5.20% | -0.12% | |
74 Outperform | $27.27B | 35.87 | 25.00% | 1.18% | 7.18% | 14.32% | |
74 Outperform | $8.66B | 23.86 | 15.71% | 0.18% | 15.89% | 3.60% | |
74 Outperform | $14.72B | 45.53 | 11.51% | 0.18% | 22.19% | 157.87% | |
72 Outperform | $26.31B | 33.98 | 19.60% | 0.84% | 34.18% | -15.12% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | $2.49B | 36.07 | -3.28% | 2.02% | -7.20% | -113.24% |
* Industrials Sector Average
HUBB
Hubbell B
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Hubbell B Corporate Events
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Hubbell to Acquire NSI Industries in Cash Deal
Positive
May 4, 2026
On May 1, 2026, Hubbell entered into a definitive agreement to acquire NSI Industries for $3.0 billion in cash, valuing the target at roughly 15.5 times anticipated 2026 EBITDA. The deal, announced on May 4, 2026, will be financed with a mix of ca...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.