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Hubbell (HUBB) Stock News

HUBB NYSE

Hubbell Incorporated reports developments tied to its utility and electrical solutions business, including products used in power lines, substations, and commercial and industrial buildings. Recurring updates cover operating results, demand in utility transmission and distribution markets, Grid Infrastructure products, and activity in the Electrical Solutions segment serving markets such as datacenters and light industrial applications.

Company news also includes regular dividend declarations, investor conference participation, acquisition-related announcements, and management commentary on pricing, productivity, cost inflation, restructuring investment, and growth initiatives across Hubbell's infrastructure-focused portfolio.

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Hubbell (HUBB) declared a 7% increase in its common stock dividend rate, raising the quarterly payment to $1.52 per share. The new annual rate is $6.08 per share, compared with $5.68 previously; the former quarterly rate was $1.42. The dividend is payable on December 15, 2026, to shareholders of record on November 30, 2026.

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Hubbell (NYSE: HUBB) will release its third-quarter 2026 financial results before the market opens on October 27, 2026. An analysts' conference call will be webcast at 10:00 AM ET that day to discuss the results. The results release, live audio and accompanying materials will be available on Hubbell's corporate website.

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Hubbell (HUBB) will participate in the Morgan Stanley 2026 Laguna Conference, where Chairman and CEO Gerben Bakker is scheduled to appear at 10:45 AM PT on Thursday, September 17, 2026. The event will be webcast live through the Investor Relations section of Hubbell’s website, with audio archived 24 hours later under the Investors > Events/Presentations > Past Events page.

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Hubbell (NYSE:HUBB) reported second quarter 2026 diluted EPS of $4.52 and adjusted diluted EPS of $5.52, up 12% year over year. Net sales rose 15% (organic +10%, M&A +5%), with operating margin at 20.4% and adjusted operating margin at 23.9%, down 50 bps.

Utility Solutions sales increased 10% to $1,026 million and Electrical Solutions sales grew 25% to $686 million. Hubbell completed the $3.0 billion acquisition of NSI Industries, funded with a new $900 million term loan, $1.9 billion of senior notes and commercial paper.

Operating cash flow was $250 million and free cash flow $213 million, both slightly below 2025 levels. For full-year 2026, Hubbell guides total sales growth of 16–18%, organic growth of 9–11%, GAAP EPS of $17.25–$17.55 and adjusted EPS of $20.25–$20.55, assuming a 22.0–22.5% tax rate and about $20 million of restructuring and related investment.

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Hubbell (NYSE:HUBB) announced that its Board of Directors has declared a regular quarterly dividend of $1.42 per share on its common stock. The dividend is payable on September 15, 2026 to shareholders of record as of August 31, 2026. Hubbell reported 2025 revenues of $5.8 billion.

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Hubbell (NYSE: HUBB) will release its second quarter 2026 financial results before the market opens on July 28, 2026, followed by an analysts' conference call webcast at 10:00 AM ET. The earnings release will be available in the Investors > Press Releases section of Hubbell’s website.

The live audio webcast and accompanying materials for the call can be accessed via the Investors > Events/Presentations section on www.hubbell.com. According to Hubbell, the company generated $5.8 billion in revenue in 2025 and is headquartered in Shelton, Connecticut.

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Hubbell (NYSE:HUBB) completed its acquisition of NSI Industries, a provider of electrical fittings, connectors, components and wire management products.

The deal was financed with a new $900 million unsecured term loan, $1.9 billion of senior notes, and commercial paper. NSI offers over 15,000 branded products through more than 2,000 North American distributors.

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Hubbell (NYSE:HUBB) is acquiring NSI Industries from Sentinel Capital Partners for $3.0 billion. NSI supplies over 15,000 branded electrical products to more than 2,000 distributors across North America.

Sentinel previously sold NSI's HVAC division for $550 million in October 2025, creating a pure-play electrical components business.

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Hubbell (NYSE:HUBB) priced a $1.9 billion senior notes offering, split into $500 million 4.650% notes due 2031, $700 million 4.900% notes due 2033, and $700 million 5.150% notes due 2036.

Closing is expected on June 8, 2026. Proceeds will help finance the proposed NSI acquisition, repay NSI debt, and cover related costs, with any remainder for general corporate purposes.

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Hubbell (NYSE:HUBB) announced that Chairman and CEO Gerben Bakker will participate in the Wells Fargo Industrials Conference. The webcasted event is scheduled for 9:30 AM CDT on June 9, 2026, with live and archived audio available via Hubbell’s Investor Relations website.

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FAQ

What is the current stock price of Hubbell (HUBB)?

Hubbell (HUBB) last closed at $448.1.

What is the market cap of Hubbell (HUBB)?

The market cap of Hubbell (HUBB) is approximately $23.7B.