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Shelton, Connecticut-based Hubbell Incorporated (HUBB) designs, manufactures, and sells electrical and utility solutions in the United States and internationally. With a market cap of $20.9 billion, the company operates through Electrical Solutions and Utility Solutions segments.
Companies worth $10 billion or more are generally described as "large-cap stocks", and HUBB fits this description perfectly. The company offers a broad range of electrical products, including plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment, and voice and data signal processing components.
Hubbell currently trades 18.7% below its all-time high of $481.35 recorded on Nov. 6, 2024. HUBB's stock has surged 13.7% over the past three months, notably outperforming the Nasdaq Composite’s ($NASX) 9.6% uptick during the same time frame.
In the long term, HUBB stock has declined 6.6% on a YTD basis, underperforming the Nasdaq’s 1.1% increase. Moreover, shares of HUBB grew 2.5% over the past 52 weeks, also underperforming NASX’s 9.3% returns over the same period.
HUBB stock has been trading below its 200-day moving average since early February but climbed above its 50-day moving average in mid-April, underscoring a trend reversal.
Hubbell stock declined 5.5% following the release of its disappointing Q1 earnings on May 1. The company’s net sales declined 2.5% year-over-year to $1.4 billion, mainly caused by a decline in its Utility Solutions segment's net sales, which came out to be $857.1 million, and failed to surpass the Street’s estimates. Its adjusted operating margin also fell by 40 bps year-over-year to 19.3% and drove its adjusted operating income to fall 4.1% year-over-year to $263.9 million. HUBB’s adjusted earnings decreased 2.8% from its year-ago value to $3.50 and failed to touch the consensus estimates by 6.2%.
Its peer, Vertiv Holdings Co. (VRT), has performed better over the past year. VRT stock has grown 2.6% in 2025 and has surged 30.2% over the past 52 weeks.
Among the 11 analysts covering the HUBB stock, the consensus rating is a “Moderate Buy.” Its mean price target of $424.22 suggests an 8.4% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
