Hubbell IncNYSE: HUBB
Industrials · Industrial Machinery & Supplies & Components
$525.17
+3.20%
Vol: 411K
Research Digest
Thursday, June 18, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Hubbell announced $3B NSI Industries acquisition May 1 and raised 2026 EPS guidance; secured $900M term loanMixed▶
Hubbell entered a Stock Purchase Agreement on May 1 to acquire NSI Industries for $3B, a provider of electrical fittings, connectors, components and wire management products serving industrial and infrastructure markets. The deal will be financed via cash and debt, and Hubbell secured a $900M Term Loan by May 15. Hubbell raised 2026 adjusted EPS guidance to $19.30-$19.85 from $19.15-$19.85 after Q1 EPS of $3.93 beat consensus of $3.88, with Electrical Solutions growing 10.6% organically on data center demand. Despite the bullish setup, HUBB hit a 10-day losing streak with cumulative losses of -8.7% and ~$2.4B in market cap erased. Risk: large debt-funded M&A amid an extended share price drawdown raises integration and leverage concerns.
May 20Hubbell to acquire NSI Industries for $3B and secured $900M term loan May 15; raised 2026 EPS guidance after Q1 beatPositive▶
Hubbell announced a definitive agreement on May 1, 2026 to acquire NSI Industries for $3.0 billion in cash, a leading provider of electrical fittings, connectors, components and wire management products. On May 15, Hubbell entered into a $900M Term Loan Agreement with a lender syndicate to finance the NSI acquisition, repay certain NSI indebtedness, and pay related fees; the loan is available on the NSI closing date and matures on the third anniversary. The deal aims to bolster Hubbell's Electrical Solutions portfolio amid rising AI-driven infrastructure demand. Q1 2026 delivered diluted EPS of $3.41 (adjusted $3.93, beating $3.88 consensus) on revenue of $1.52B vs $1.5B est. Hubbell raised FY 2026 adjusted EPS guidance to $19.30-$19.85. Electrical Solutions sales rose 12% and Utility Solutions 11%.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Hubbell secured a $900M term loan on May 15 to fund the $3B NSI Industries acquisition, even as shares hit an 8-day losing streak.Mixed▶
On May 15, 2026, Hubbell entered into a $900 million unsecured term loan agreement led by JPMorgan Chase to fund its previously announced $3 billion all-cash acquisition of NSI Industries, a provider of electrical fittings and wire management products. The stock has been under pressure with an 8-day losing streak, down roughly 3% over the past week and 9% over the past month. On May 5, shareholders elected eleven directors, backed executive pay, and reaffirmed PwC as auditor. Recent Q1 2026 results beat expectations with $1.52B revenue (+11.1% YoY) and EPS of $3.93 vs $3.88 consensus, while management raised 2026 adjusted EPS guidance to $19.30-$19.85.
May 15Hubbell announces $3.0B all-cash acquisition of NSI Industries at ~15.5x EBITDA; Stephens raises PT to $600 after Q1 beat and raised 2026 guidancePositive▶
Hubbell entered a definitive agreement to acquire NSI Industries, a provider of electrical fittings, connectors and wire management for industrial, infrastructure and commercial markets, for $3.0B in cash, representing roughly 15.5x anticipated 2026 EBITDA. NSI is expected to generate ~$570M in revenue in 2026. Hubbell shareholders separately approved directors, executive pay and PwC as auditor on May 6. Q1 2026 results were strong: revenue $1.52B (+11.1% YoY) and adjusted EPS $3.93 vs. $3.88 consensus; Electrical Solutions grew 10.6% organically driven by data center demand, Utility Solutions 6.8% organic. Management raised 2026 adjusted EPS guidance to $19.30-$19.85. Stephens raised PT to $600 from $550, Barclays to $503 from $481.
May 14Hubbell announced $3.0B all-cash acquisition of NSI Industries (15.5x 2026 EBITDA) on May 4 and raised FY26 EPS guide to $19.30-$19.85 after Q1 beatPositive▶
Hubbell announced a definitive agreement to acquire NSI Industries from Sentinel Capital Partners for $3.0B in cash, financed with cash and debt at ~15.5x anticipated 2026 EBITDA. NSI is a leading provider of electrical fittings, connectors, and wire management products. Q1 2026 adjusted EPS of $3.93 beat $3.88 consensus on revenue of $1.52B. Electrical Solutions sales rose 12% (data-center demand), Utility Solutions up 11%. Hubbell raised FY26 adjusted EPS guidance to $19.30-$19.85. Stephens lifted PT to $600 (from $550); Barclays to $503 (from $481). Shareholders elected directors May 5; $1.42 dividend ex-date May 29.
May 13No significant overnight updatesNeutral▶
No material news in last 48 hours.
May 12Hubbell announced a $3 billion acquisition of NSI Industries and shareholders approved board slate on May 5, with Stephens raising target to $600 and Wells Fargo to $560.Positive▶
Hubbell announced on May 4 it will acquire NSI Industries for $3 billion to enhance its electrical solutions segment, with the deal expected to close in mid-2026 and to be accretive to adjusted EPS in 2026. On May 5, shareholders elected eleven directors and reaffirmed PwC as auditor. Q1 2026 results showed revenue of $1.52 billion (up 11.1% YoY) and Hubbell raised FY 2026 adjusted profit guidance to $19.30-$19.85 per share from $19.15-$19.85. Analyst price targets followed: Stephens raised to $600 from $550 on May 4, Wells Fargo to $560 from $530 on May 1, and Barclays to $503 from $481 on May 4. The quarterly dividend of $1.42 per share will be paid June 15.
May 11Hubbell announces $3 billion acquisition of NSI Industries and lifts 2026 EPS guidance after Q1 beatPositive▶
Hubbell entered a definitive agreement on May 4, 2026 to acquire NSI Industries from Sentinel Capital Partners for $3 billion, with NSI projecting 2026 revenue of approximately $570 million. The acquisition is expected to be accretive to adjusted EPS in 2026 and will strengthen Hubbell electrical solutions segment. Hubbell beat Q1 estimates with $3.93 adjusted EPS (vs $3.88 consensus) and $1.52 billion revenue, raising 2026 adjusted EPS guidance to $19.30-$19.85 (from $19.15-$19.85), driven by data center and energy infrastructure demand. Wells Fargo lifted target to $560 with Overweight, Barclays raised to $503 with Equal Weight. A $1.42 quarterly dividend was declared for June 15 payment.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| HUBBHUBBELL | $525.17 | +3.20% | +10.3% | 22.7x | 0.91 | $26.9B |
| PHPARKER | $955.22 | +0.98% | +11.0% | 27.7x | 1.14 | $119.3B |
| ITWILLINOIS | $264.30 | +0.84% | +6.0% | 21.5x | 1.03 | $75.4B |
| GWWWW | $1,362.85 | +3.95% | +5.4% | 26.0x | 1.05 | $61.9B |
| IRINGERSOLL | $78.13 | +1.38% | +12.4% | 20.1x | 1.20 | $30.2B |
| DOVDOVER | $223.88 | +1.40% | +6.4% | 19.1x | 1.17 | $29.7B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.