Hubbell Q2 2026 Earnings Rise; Gabelli Increases Stakes in Two Harbors and Enerpac
Hubbell Incorporated reported second‑quarter 2026 diluted earnings per share of $4.52 and adjusted EPS of $5.52, a 12% year‑over‑year increase. Net sales rose 15% (organic 10%, M&A 5%) and operating margin was 20.4% (adjusted 23.9%). The company lifted its full‑year diluted EPS outlook to $17.25‑$17.55 and the adjusted range to $20.25‑$20.55. CEO Gerben Bakker said the strong order trends and grid‑modernization demand underpin the outlook.
Gabelli Funds LLC raised its stake in Two Harbors Investments Corp to 150,000 shares, representing about 0.14% of the REIT and valued at $1.7 million after purchasing 100,000 shares in the first quarter. Two Harbors posted quarterly earnings per share of $0.28 on revenue of $247.57 million.
Gabelli also increased its position in Enerpac Tool Group Corp to 57,000 shares, about 0.11% of the company and worth $2.08 million. Analyst Roth Capital reaffirmed a buy rating with a $50 price target, while Zacks downgraded the stock to a strong‑sell recommendation.
Entities: Enerpac Tool Group Corp · Gabelli Funds LLC · Gerben Bakker · Hubbell Inc · Hubbell Incorporated · Two Harbors Investments Corp
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Hubbell reported diluted earnings per share of $4.52 for Q2 2026. (financial results press release)
- [○ 1 SOURCE] Hubbell's adjusted diluted EPS for Q2 2026 was $5.52, up 12% year‑over‑year. (financial results press release)
- [○ 1 SOURCE] Two Harbors reported quarterly earnings per share of $0.28 and revenue of $247.57 million. (company earnings release)
- [○ 1 SOURCE] Gabelli Funds increased its stake in Two Harbors Investments to 150,000 shares, about 0.14% of the company, valued at $1.713 million. (SEC Form 13F filing)
- [○ 1 SOURCE] Hubbell's Q2 2026 net sales increased 15% (organic 10%, M&A 5%). (financial results press release)
- [○ 1 SOURCE] Roth Capital reaffirmed a buy rating for Enerpac and set a $50 price target. (analyst research report)
- [○ 1 SOURCE] Hubbell raised its FY2026 diluted EPS outlook to $17.25‑$17.55 and adjusted EPS outlook to $20.25‑$20.55. (financial results press release)
- [○ 1 SOURCE] Gabelli Funds raised its holding in Enerpac Tool Group to 57,000 shares, about 0.11% of the company, worth $2.079 million. (SEC Form 13F filing)