Rep. April McClain Delaney Purchases Hubbell Inc (NYSE:HUBB) Stock

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Hubbell Inc (NYSE:HUBB). In a filing disclosed on September 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in Hubbell stock on August 19th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

Hubbell Trading Up 1.9%

Shares of HUBB traded up $8.46 during mid-day trading on Friday, hitting $460.87. 418,102 shares of the company’s stock traded hands, compared to its average volume of 443,880. The company has a quick ratio of 0.93, a current ratio of 1.61 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $24.35 billion, a P/E ratio of 27.29, a PEG ratio of 2.21 and a beta of 0.89. The business’s 50-day moving average price is $480.47 and its 200-day moving average price is $493.06. Hubbell Inc has a 1 year low of $403.82 and a 1 year high of $565.50.

Hubbell (NYSE:HUBB) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $5.52 earnings per share for the quarter, beating the consensus estimate of $5.39 by $0.13. Hubbell had a net margin of 14.49% and a return on equity of 27.11%. The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the business posted $4.93 earnings per share. The firm’s revenue for the quarter was up 15.3% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. As a group, sell-side analysts forecast that Hubbell Inc will post 20.43 EPS for the current fiscal year.

Hubbell Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. Hubbell’s payout ratio is 33.63%.

Institutional Investors Weigh In On Hubbell

Several institutional investors have recently modified their holdings of HUBB. Pinnacle Bancorp Inc. boosted its holdings in shares of Hubbell by 165.0% during the 1st quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 33 shares during the last quarter. Schuylkill Financial LLC purchased a new stake in Hubbell in the second quarter worth approximately $30,000. Raiffeisen Bank International AG grew its position in Hubbell by 83.3% in the 4th quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 30 shares during the period. Keating Financial Advisory Services Inc. purchased a new stake in Hubbell during the 2nd quarter valued at $35,000. Finally, Leonteq Securities AG bought a new position in shares of Hubbell during the 1st quarter valued at $33,000. 88.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hubbell

In other Hubbell news, VP Jonathan Del Nero sold 547 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $518.56, for a total value of $283,652.32. Following the transaction, the vice president owned 2,933 shares of the company’s stock, valued at approximately $1,520,936.48. This represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HUBB. Morgan Stanley boosted their target price on shares of Hubbell from $565.00 to $575.00 and gave the company an “equal weight” rating in a report on Wednesday, September 2nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Hubbell in a report on Wednesday, July 29th. Robert W. Baird began coverage on Hubbell in a research report on Thursday, August 20th. They issued an “outperform” rating and a $550.00 price target on the stock. UBS Group restated a “neutral” rating and issued a $515.00 price target on shares of Hubbell in a research note on Tuesday, June 16th. Finally, Wall Street Zen lowered Hubbell from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $555.00.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Hubbell

Hubbell Incorporated (NYSE: HUBB) is a manufacturer of electrical and utility products used to build, connect, protect and maintain electrical systems. The company serves electric utilities, electrical contractors, distributors, telecommunications providers, industrial businesses and commercial customers.

Hubbell operates through two principal business areas: Utility Solutions and Electrical Solutions. Its product portfolio includes components for electric transmission, distribution and substation applications, as well as connectors, insulators, arresters, grounding and bonding equipment, wiring devices, lighting products, enclosures and other electrical system products.