Vaughan Nelson Investment Management, L.P. Adds $2M in Hubbell Incorporated ($HUBB)

Vaughan Nelson Investment Management increased its Hubbell holdings by 4,220 shares.

Key Points

  • Vaughan Nelson Investment Management boosted its stake in Hubbell Incorporated by 4,220 shares, a 2.31% increase, totaling 186,792 shares valued at approximately $92.75 million.
  • Hubbell's stock trades at about $496.54 with a P/E ratio of 29 and a market cap of $25.88 billion. It has a 52-week range of $385.91 to $565.50.
  • Insiders, including President Mark Eugene Mikes, purchased shares recently, and analysts maintain varied ratings with price targets as high as $600.

Vaughan Nelson Investment Management has increased its stake in Hubbell Incorporated (NYSE: HUBB), according to the latest Form 13F filing with the SEC. The fund added 4,220 shares, boosting its holdings by 2.31% to a total of 186,792 shares. The value of this position is reported to be about $92.75 million, based on the filing for the period ending April 16, 2026.

What Changed in Vaughan Nelson's Hubbell Position

Vaughan Nelson Investment Management grew its position in Hubbell Incorporated by acquiring an additional 4,220 shares, bringing its total to 186,792 shares. This represents a 2.31% increase from the previous count of 182,572 shares. The investment is valued at approximately $92.75 million as of the latest reporting period.

Other Institutional Activity in Hubbell

Several other institutional investors also made moves in Hubbell. BlackRock, Inc. reduced its holdings by 224,951 shares, leaving it with 4,437,305 shares valued at about $2.18 billion. Vanguard Capital Management LLC added a substantial 3,458,236 shares, owning a total of 3,458,236 shares worth roughly $1.70 billion. Vanguard Portfolio Management LLC also acquired 2,678,576 shares, matching its total share count and value of $1.31 billion. State Street Corp saw a slight increase of 11,496 shares, ending with 2,314,063 shares valued at $1.14 billion. Meanwhile, Wellington Management Group LLP trimmed its stake by 422,675 shares, holding 2,091,957 shares worth approximately $1.03 billion.

Hubbell Incorporated Stock Snapshot

Shares of Hubbell Incorporated (NYSE: HUBB) are trading around $496.54. The company has a market capitalization of approximately $25.88 billion. It trades at a P/E ratio of 28.98 and a forward P/E of 22.49, with a beta of 0.911, indicating less volatility compared to the market. The stock's 52-week range is between $385.91 and $565.50. Its 50-day moving average is $502.02, while the 200-day moving average is $472.00. Hubbell maintains 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 $5.996 billion, reflecting a growth rate of 11.1%. The company achieved an earnings per share (EPS) of $16.90, with a net margin of 15.11% and a return on equity (ROE) of 25.82%. The next earnings report is anticipated on July 28, 2026.

Dividend

Hubbell pays an annual dividend of $5.68 per share, yielding 1.16%. The dividend payout ratio stands at 32.39%.

Insider Buying and Selling at Hubbell Incorporated

Recent insider activity at Hubbell shows several purchases. On May 15, 2026, Anthony Guzzi, Neal Keating, and Bonnie Cruickshank Lind each bought shares at an average price of $479.97. Rhett Anthony Hernandez and Mark Eugene Mikes made purchases earlier on May 5, 2026, without a specified price.

Analysts Set New Price Targets

Analyst activity includes Barclays maintaining a hold rating with a $503 target on May 4, 2026. Stephens & Co. reiterated a buy rating with a $600 target the same day. Wells Fargo also maintained a buy rating, setting a $560 target on May 1, 2026. The consensus target price among analysts is approximately $550.77, based on 13 opinions.

About Hubbell Incorporated

Hubbell Incorporated, headquartered in Shelton, Connecticut, designs and manufactures electrical and utility solutions. It operates through two segments: Electrical Solutions and Utility Solutions. The company provides products for electrical distribution, grid protection, and controls, serving various markets including industrial, commercial, and utility sectors. Led by CEO Gerben W. Bakker, Hubbell employs around 18,200 people.

Bottom Line

Vaughan Nelson's decision to increase its stake in Hubbell shows continued confidence in the company's performance. Investors often track such filings to gauge institutional sentiment. It's important to remember that 13F filings are historical and may not reflect the current positions. Hubbell's market performance, analyst ratings, and insider activities provide a comprehensive view of the company's standing.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.