[REVISION HISTORY]

Hubbell Inc 2026 earnings growth

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-07-28 12:02 UTC → 2026-07-30 08:26 UTC · added ~~removed~~

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%, driven by a 10% organic increase in its utility and electrical markets,~~ 15% (organic 10%, M&A 5%), and operating margin reached 20.4% (adjusted 23.9%). The ~~company’s CEO highlighted~~ 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 ~~that provide visibility for the remainder of the year, prompting an upgraded full‑year outlook reflecting double‑digit organic growth.~~ and grid‑modernization demand. Institutional investors ~~adjusted their positions alongside the earnings beat.~~ continued to adjust positions. While Gabelli Funds LLC had previously reduced its stake ~~by 16.8%, while Pinnacle Bancorp~~ in Hubbell, it later increased its holdings ~~and new positions were taken by Raiffeens Bank International~~ in unrelated securities, acquiring 150,000 shares of Two Harbors Investments Corp and ~~Leonteq Securities.~~ 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,~~ ratings for Hubbell, indicating ~~continued~~ sustained market confidence in ~~Hubbell’s~~ its performance.

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