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[SITUATION] · [ACTIVE]
2 clusters · 3 sources · 23 days · First seen · Last updated
Categories: BUSINESS
Hubbell Inc 2026 earnings growth
Entities: Enerpac Tool Group Corp · Hubbell Incorporated · Gerben Bakker · Gabelli Funds LLC · Hubbell Inc
Overview
In the second quarter of 2026, Hubbell Inc reported a 12% year‑over‑year increase in diluted earnings per share to $4.52 and an adjusted EPS of $5.52. Net sales rose 15% (organic 10%, M&A 5%), and operating margin reached 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, citing strong order trends and grid‑modernization demand.
Institutional investors continued to adjust positions. While Gabelli Funds LLC had previously reduced its stake in Hubbell, it later increased its holdings in unrelated securities, acquiring 150,000 shares of Two Harbors Investments Corp and 57,000 shares of Enerpac Tool Group Corp. Analyst Roth Capital reaffirmed a buy rating on Enerpac with a $50 price target, whereas Zacks downgraded the stock to a strong‑sell recommendation. Overall, analyst firms raised price targets and upgraded ratings for Hubbell, indicating sustained market confidence in its performance.
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] Hubbell's Q2 2026 net sales increased 15% (organic 10%, M&A 5%). (financial results press release)
- [○ 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 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] Two Harbors reported quarterly earnings per share of $0.28 and revenue of $247.57 million. (company earnings 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)
- [○ 1 SOURCE] Roth Capital reaffirmed a buy rating for Enerpac and set a $50 price target. (analyst research report)
Timeline
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2 days ago
[BUSINESS] 3 sourcesHubbell Q2 2026 Earnings Rise; Gabelli Increases Stakes in Two Harbors and EnerpacHubbell posted Q2 2026 EPS of $4.52, sales up 15% and raised its FY outlook; Gabelli added 100k Two Harbors shares (0.14% stake) and increased its Enerpac holding to 57k shares (0.11%).
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25 days ago
[BUSINESS] 2 sourcesHubSpot shares jump 4.9% after earnings beat and analyst upgradesHubSpot stock rose 4.9% to $203.39 after beating earnings expectations, reporting $881 M revenue and prompting analyst upgrades, with a consensus target of $311.
Sources
iliveupstairs.com · mommygearest.com · stocknews.com
This summary has been updated 1 time: see revision history