Massachusetts Financial Services Reduces $19M in Hubbell Incorporated ($HUBB)

The fund cut its position by 36,468 shares, holding 1,537,597 shares as of the latest filing.

Written by EarningsIQ · Published Jun 18, 2026, 4:12 AM EDT · Updated Jun 20, 2026, 4:11 AM EDT

Key Points

Massachusetts Financial Services reduced its Hubbell stake by 36,468 shares, now holding 1,537,597 shares valued at $794.2 million.
Hubbell's stock trades at around $516.52 with a market cap of $26.89 billion and a P/E ratio of 30.11.
Insiders recently bought shares, and analysts maintain a 'buy' consensus with a target mean price of $552.31.

Massachusetts Financial Services has trimmed its stake in Hubbell Incorporated (NYSE:HUBB) by 36,468 shares, according to a recent 13F filing with the SEC. As of the reporting period, the fund holds 1,537,597 shares worth approximately $794.2 million. This represents a decrease of about 2.32% from its previous position.

What Changed in Massachusetts Financial Services' Hubbell Position

The fund reduced its investment in Hubbell by 36,468 shares, moving from 1,574,065 shares to 1,537,597 shares. The value of the holding stands at about $794.2 million. This adjustment reflects a 2.32% reduction in their position.

Other Institutional Activity in Hubbell

Other major institutional investors also adjusted their positions in Hubbell. BlackRock, Inc. reduced its holdings by 224,951 shares, resulting in a total of 4,437,305 shares valued at approximately $2.18 billion. Vanguard Capital Management LLC added 3,458,236 shares, now holding the same number of shares worth about $1.70 billion. Vanguard Portfolio Management LLC also increased its stake by 2,678,576 shares, ending with a total of 2,678,576 shares valued at $1.31 billion. State Street Corp made a smaller adjustment, adding 11,496 shares to its holdings, now totaling 2,314,063 shares worth $1.14 billion. In contrast, Wellington Management Group LLP reduced its stake by 422,675 shares, leaving it with 2,091,957 shares valued at approximately $1.03 billion.

Hubbell Stock Snapshot

Shares of Hubbell Incorporated (NYSE:HUBB) are trading around $516.52. The company has a market cap of $26.89 billion and a P/E ratio of 30.11. Its 52-week range is between $385.91 and $565.50. The stock's 50-day moving average is $501.72, while the 200-day moving average is $472.66. Hubbell shows a current ratio of 1.58 and a quick ratio of 0.84, with a debt-to-equity ratio of 72.47.

Recent Earnings

Hubbell reported revenue of approximately $5.996 billion, showing a growth of 11.1%. The company's net margin stands at 15.11%, with a return on equity of 25.82%. Earnings per share (EPS) are reported at $16.90. The next earnings report is expected on July 28, 2026.

Insider Buying and Selling at Hubbell Incorporated

Recent insider activity at Hubbell includes several purchases. On May 15, 2026, Anthony Guzzi bought 80 shares at an average price of $479.97. Neal Keating purchased 33 shares, and Bonnie Cruickshank Lind acquired 68 shares on the same date, both at the same price. Earlier, on May 5, 2026, Rhett Anthony Hernandez bought 341 shares, Mark Eugene Mikes, the President of Electrical Solutions, purchased 414 shares, and Katherine Anne Lane, Executive VP, GC & Secretary, acquired 984 shares.

Analysts Set New Price Targets

Analysts have maintained their ratings on Hubbell. On May 4, 2026, Barclays kept a 'hold' rating with a price target of $503. Stephens & Co. maintained a 'buy' rating, setting a target at $600. Wells Fargo also reaffirmed a 'buy' rating on May 1, 2026, with a target of $560. The consensus among analysts is a 'buy' recommendation, with a target mean price of $552.31 based on 13 opinions.

About Hubbell Incorporated

Hubbell Incorporated, based in Shelton, Connecticut, is a leading manufacturer of electrical and utility solutions. The company operates through two main segments: Electrical Solutions and Utility Solutions. It provides a wide range of products, including electrical wiring devices, industrial controls, and utility infrastructure components. Hubbell serves various markets, such as electrical distribution, grid protection, and telecommunications. Led by CEO Mr. Gerben W. Bakker, the company employs approximately 18,200 people.

Bottom Line

Massachusetts Financial Services' recent reduction in its Hubbell stake is part of the fund's ongoing portfolio adjustments. Hubbell remains a significant player in the industrial sector, offering essential electrical and utility products. While the 13F filing provides a snapshot of past holdings, investors should consider current market conditions and company performance when evaluating their positions.