Hubbell Raises Annual Sales Growth Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Should l Buy HUBB?
Source: NASDAQ.COM
- Sales Growth Outlook Raised: Hubbell has revised its total sales growth outlook for fiscal 2026 from 7%-9% to 8%-11%, indicating a positive market demand outlook that is expected to drive future revenue growth.
- Earnings Guidance Adjustment: The company now anticipates net income per share to be between $17.45 and $18, up from the previous forecast of $17.30 to $18, reflecting an improvement in profitability.
- Adjusted Earnings Forecast: Excluding items, Hubbell expects earnings per share to range from $19.30 to $19.85, compared to the prior guidance of $19.15 to $19.85, showcasing advancements in cost control and operational efficiency.
- 2025 Fiscal Year Performance Review: For fiscal 2025, Hubbell reported net income of $16.54 per share and adjusted profit of $18.21 per share on sales of $5.844 billion, demonstrating robust financial performance over the past year.
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Analyst Views on HUBB
Wall Street analysts forecast HUBB stock price to rise
9 Analyst Rating
5 Buy
4 Hold
0 Sell
Moderate Buy
Current: 492.580
Low
450.00
Averages
502.56
High
575.00
Current: 492.580
Low
450.00
Averages
502.56
High
575.00
About HUBB
Hubbell Incorporated is a global manufacturer of electrical products and utility solutions for a range of customer and end market applications. It operates in two segments: Utility Solutions and Electrical Solutions. The Utility Solutions segment consists of businesses that design, manufacture, and sell a variety of electrical distribution, transmission, substation, and telecommunications products, which support applications In Front of the Meter. The Electrical Solutions segment comprises businesses that sell stock and custom products including standard and special application wiring device products, rough-in electrical products, connector and grounding products, as well as other electrical equipment. The Company also offer a variety of wiring devices and electrical products that have residential and utility applications. Its products are either sourced completely, manufactured or assembled by its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Business Restructuring: After acquiring NSI in 2024, Sentinel sold its HVAC division to Lennox International for approximately $550 million, effectively repositioning NSI as a pure-play electrical products company, which boosts its competitive edge.
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- Industry Impact: This acquisition will not only expand Hubbell's electrical product portfolio but also enhance its service capabilities in industrial, infrastructure, and commercial markets, further solidifying its leadership position.
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See More
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- Market Leadership: NSI Industries, a leading manufacturer of electrical products, offers over 15,000 branded items to more than 2,000 distributors in North America, with consistent sales growth driven by strong demand in digital infrastructure and electrification applications.
- Successful Strategic Restructuring: Following Sentinel's acquisition of NSI in 2024, the firm divested NSI's HVAC division for approximately $550 million, allowing NSI to focus on electrical product manufacturing, thereby improving operational efficiency and unlocking significant value.
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- Financial Impact Analysis: The purchase price equates to approximately 15.5 times NSI's anticipated 2026 EBITDA, and is expected to enhance Hubbell's adjusted earnings per share next year, reflecting the company's confidence in future profitability.
- Market Demand Drivers: As electrification and infrastructure demand rise, Hubbell is using this acquisition to deepen its product portfolio and expand distribution channels, capturing higher-margin growth tied to infrastructure upgrades and digitalization.
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See More
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- Financing Structure: The transaction will be financed through cash on hand and debt, with Hubbell securing fully committed bridge financing from JPMorgan Chase, Bank of America, and HSBC, ensuring the deal's successful execution.
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See More
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- Acquisition Announcement: Sentinel Capital Partners has agreed to sell NSI Industries to Hubbell for $3 billion, a move that will further enhance Hubbell's market position in the electrical products sector.
- Business Restructuring: After acquiring NSI in 2024, Sentinel sold its HVAC division to Lennox International for approximately $550 million, effectively repositioning NSI as a pure-play electrical products company, which boosts its competitive edge.
- Market Outlook: Hubbell targets an adjusted EPS of $19.30 to $19.85 by 2026 while raising its sales growth outlook to 8% to 11%, indicating strong confidence in future performance.
- Industry Impact: This acquisition will not only expand Hubbell's electrical product portfolio but also enhance its service capabilities in industrial, infrastructure, and commercial markets, further solidifying its leadership position.
See More
Sentinel Sells NSI Industries for $3 Billion
- Significant Transaction Value: Sentinel Capital Partners has signed a definitive agreement to sell NSI Industries to Hubbell Incorporated for $3 billion, marking a successful exit for the private equity firm in the electrical products sector and is expected to yield substantial returns on investment.
- Market Leadership: NSI Industries, a leading manufacturer of electrical products, offers over 15,000 branded items to more than 2,000 distributors in North America, with consistent sales growth driven by strong demand in electrical and digital infrastructure, enhancing its competitive position in the market.
- Successful Strategic Restructuring: Following Sentinel's acquisition of NSI, the firm divested NSI's HVAC division for approximately $550 million, allowing NSI to focus exclusively on electrical product manufacturing, thereby improving operational efficiency and unlocking significant value.
- Future Growth Potential: NSI's CEO noted that Sentinel's support and resources have helped the company achieve a stronger market position, indicating substantial growth potential in the electrical products sector, particularly against the backdrop of rapid developments in electrification and digital infrastructure.
See More
Sentinel Sells NSI Industries to Hubbell for $3 Billion
- Significant Transaction: Sentinel Capital Partners has signed a definitive agreement to sell NSI Industries to Hubbell for $3 billion, marking a major consolidation in the electrical products sector that is expected to enhance Hubbell's competitive position in the market.
- Market Leadership: NSI Industries, a leading manufacturer of electrical products, offers over 15,000 branded items to more than 2,000 distributors in North America, with consistent sales growth driven by strong demand in digital infrastructure and electrification applications.
- Successful Strategic Restructuring: Following Sentinel's acquisition of NSI in 2024, the firm divested NSI's HVAC division for approximately $550 million, allowing NSI to focus on electrical product manufacturing, thereby improving operational efficiency and unlocking significant value.
- Optimistic Future Outlook: NSI's CEO expressed gratitude for Sentinel's support, noting that their resources aligned perfectly with NSI's vision for growth and innovation, positioning the company for continued success under Hubbell's ownership.
See More
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- Aluminum Price Surge: Since the U.S.-Israeli strikes on Iran on February 28, aluminum prices on the London Metal Exchange have surged over 13%, with a year-to-date increase of approximately 19% in 2026, creating cost pressures for manufacturers of cars and beer cans.
- Ford's Uncertain Outlook: Ford's CFO indicated that the surge in aluminum prices is leading the company to expect commodity cost pressures to exceed $2 billion, nearly double previous estimates, highlighting the impact of the Middle East situation on automotive manufacturing.
- Molson Coors Cost Increase: Molson Coors' CFO disclosed that rising aluminum prices added around $30 million to the cost of goods sold in the first quarter, with expectations of continued inflationary pressures in the current quarter.
- Bleak Market Outlook: UBS forecasts aluminum supply growth of only 0.3% in 2026, significantly down from a prior estimate of 2.4%, indicating ongoing impacts from the Middle East situation on the aluminum supply chain, with prices also driven by rising natural gas and coal costs.
See More
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- Acquisition Overview: Hubbell Incorporated (HUBB) has agreed to acquire NSI Industries for $3 billion in cash, with the transaction expected to close in mid-2026, marking a significant expansion in its electrical components and infrastructure products.
- Financial Impact Analysis: The purchase price equates to approximately 15.5 times NSI's anticipated 2026 EBITDA, and is expected to enhance Hubbell's adjusted earnings per share next year, reflecting the company's confidence in future profitability.
- Market Demand Drivers: As electrification and infrastructure demand rise, Hubbell is using this acquisition to deepen its product portfolio and expand distribution channels, capturing higher-margin growth tied to infrastructure upgrades and digitalization.
- Brand Synergy Effects: NSI's brands, including Bridgeport, Polaris, and Tork, will add complementary offerings to Hubbell's Electrical Solutions business, improving operating margins and aligning with the company's strategic goals in industrial, commercial, and utility applications.
See More
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- Acquisition Overview: Hubbell has announced a definitive agreement to acquire NSI Industries for $3 billion in cash, a move expected to enhance Hubbell's adjusted EPS and improve operating margins within its Electrical Solutions portfolio.
- Positive Market Outlook: NSI anticipates revenue of approximately $570 million in 2026, and the acquisition aligns with electrification megatrends, positioning Hubbell for long-term organic growth in the electrical industry.
- Financing Structure: The transaction will be financed through cash on hand and debt, with Hubbell securing fully committed bridge financing from JPMorgan Chase, Bank of America, and HSBC, ensuring the deal's successful execution.
- Strategic Integration Plan: Hubbell aims to accelerate its successful segment unification strategy through the acquisition of NSI, leveraging NSI's high-growth business to enhance cross-selling opportunities and manufacturing efficiencies, thereby solidifying its leadership in the electrical infrastructure market.
See More
