Citable filing context
HUBB's research view summarizes recent SEC filing context, starting with earnings from Jul 28, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 28, 2026 | earnings | Hubbell reported Q2 2026 diluted EPS of $4.52 and raised its full-year adjusted EPS guidance. |
| Jun 9, 2026 | acquisition | Hubbell Inc completed the acquisition of NSI Industries for $3.0 billion in cash. |
| Jun 8, 2026 | debt_offering | Hubbell issued $1.9 billion in senior notes to fund the acquisition of NSI Electrical Buyer, Inc. |
| Jul 28, 2026 | Guidance: adjusted_diluted_eps | 20.25 to 20.55 |
| Jul 28, 2026 | Guidance: gaap_diluted_eps | 17.25 to 17.55 |
| Jul 28, 2026 | Guidance: organic_sales_growth | 9.00 to 11.00 |
| Jul 29, 2026 | mda_quarterly | Hubbell Incorporated reported strong growth for the second quarter of 2026, with net sales of $1.71 billion, a 15.3% increase driven by 10.2% organic growth and recent acquisitions. The company’s performance was bolstered by robust demand in data center, light industrial, and non-residential markets within the Electrical Solutions segment, alongside strength in transmission and distribution markets in the Utility Solutions segment. A significant strategic development was the $3.0 billion acquisition of NSI Industries in June 2026, which expands Hubbell’s portfolio of electrical fittings and wire management products. This acquisition, along with previous 2025 purchases like DMC Power, significantly increased the company’s debt load, with total debt rising to $5.37 billion. Consequently, interest expenses increased substantially. Operating margins faced pressure, contracting 230 basis points to 20.4%, largely due to acquisition-related intangible amortization, transaction costs, and inflationary pressures, including tariff expenses. While the company expects to recover approximately $30 million in previously paid IEEPA tariffs, these were not recognized in the current period. Hubbell continues to utilize restructuring programs to optimize its manufacturing footprint and mitigate cost inflation, maintaining a focus on balancing organic growth with strategic, value-accretive acquisitions. |
| May 1, 2026 | mda_quarterly | First quarter 2026 net sales increased 11.1% to $1,516.7 million, with organic growth of 8.2% driven by favorable price realization and higher volumes. Adjusted operating margin expanded 110 basis points to 19.8%. Utility Solutions net sales rose 10.7%, supported by strong transmission and distribution markets, though partially offset by weakness in Grid Automation and advanced metering infrastructure projects. Electrical Solutions net sales grew 11.8%, led by the datacenter and light industrial verticals, despite softness in heavy industrial markets. Growth was further bolstered by the acquisitions of DMC Power, Nicor, and Ventev. Profitability remains sensitive to material cost inflation, which impacts approximately half of cost of goods sold, and uncertainty surrounding U.S. trade tariffs following the Supreme Court's ruling on the International Emergency Economic Power Act. To optimize cost structures, the company continues consolidating manufacturing and distribution facilities. Financial leverage increased to a 41% debt-to-capital ratio, partly due to a $600 million term loan used to finance the DMC Power acquisition. Capital allocation for the period included $75.4 million in dividends and $167.5 million in share repurchases. |
Source: SEC EDGAR filing text and events; period Jul 28, 2026; filed Jul 28, 2026.
HUBB company research is available with Aerarium Pro (CAD $10/mo). The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay free. Already a subscriber? Sign in to pick up where you left off.