Hubbell Keeps Quarterly Dividend at $1.42 a Share, Payable Sept. 15 to Shareholders of Record as of Aug. 31
Hubbell Keeps Quarterly Dividend at $1.42 a Share, Payable Sept. 15 to Shareholders of Record as of Aug. 31
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Hubbell Keeps Quarterly Dividend at $1.42 a Share, Payable Sept. 15 to Shareholders of Record as of Aug. 31
Hubbell's (HUBB) purchase of NSI Industries marks a notable advancement in the company's strategic aperture for HES segment, Oppenheimer said in a note Thursday.The investment firm raised its 2026 adjusted earnings estimate for Hubbell to $19.85 per share from $19.70 and its 2027 estimate to $22.20 from $21.55, with NSI expected to add about $0.15 per share to Hubbell's adjusted earnings in 2026 and about $0.65 per share in 2027, based on cautious assumptions for cost savings and debt repayment.Limited restructuring is expected because NSI is already well managed, but cost savings and sales opportunities are possible in data centers, renewable energy and distribution channels, Oppenheimer said.Hubbell's Q1 book-to-bill ratio points to broader demand growth, with particularly strong orders in transmission and distribution markets, according to the note.Oppenheimer kept its perform rating for Hubbell and said that its revised forecasts may have more upside than downside, especially in 2027.Price: $475.74, Change: $-4.18, Percent Change: -0.87%
Hubbell (HUBB) has an average rating of overweight and mean price target of $546.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $512.02, Change: $+3.84, Percent Change: +0.76%
Hubbell (HUBB) has an average rating of overweight and mean price target of $546.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $512.02, Change: $+3.84, Percent Change: +0.76%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HUBB reported strong Q1 EPS of $3.93 (up 16% Y/Y), beating consensus of $3.86, with net sales rising 11% to $1.6B driven by robust 8.2% organic growth from accelerated data center and utility infrastructure spending. The outperformance was propelled by utility grid modernization investments and ongoing data center demand for electrical products. Management raised 2026 guidance, now expecting 8%-11% total sales growth including 6%-9% organic expansion, with adjusted EPS raised to $19.30-$19.85. Utility Solutions delivered 11% growth to $949M, led by Grid Infrastructure's robust ~18% expansion as utilities invest in transmission and substation infrastructure, while Electrical Solutions posted 12% growth to $568M from continued data center strength. Adjusted operating margins expanded 110 bps to 19.8%, with Utility Solutions margins surging 190 bps to 21.8% on volume growth and pricing initiatives, though Electrical Solutions margins compressed 30 bps to 16.4% due to cost pressures and restructuring investments.
Hubbell (HUBB) reported Q1 adjusted earnings Thursday of $3.93 per diluted share, up from $3.38 a year earlier.Analysts surveyed by FactSet expected $3.87.Net sales for the quarter ended March 31 were $1.52 billion, up from $1.37 billion a year earlier.Analysts surveyed by FactSet expected $1.50 billion.For 2026, the company said it expects adjusted EPS of $19.30 to $19.85. Analysts polled by FactSet expect $19.71.Shares of the company fell 7% in recent premarket activity.Price: $507.60, Change: $-38.33, Percent Change: -7.02%