HUBBELL INC 8K

Hubbell Incorporated reported strong Q2 2026 results, completed a $3.0 billion acquisition of NSI Industries funded with new debt, and raised its full-year 2026 adjusted EPS and sales growth outlook.

Hubbell Incorporated filed a Form 8-K to furnish its second quarter 2026 financial results and updated full-year outlook, reporting Q2 2026 diluted EPS of $4.52 and adjusted diluted EPS of $5.52 (up 12% year over year), 15% net sales growth (10% organic and 5% from M&A), and an adjusted operating margin of 23.9%. The Utility Solutions and Electrical Solutions segments both delivered double-digit sales growth, although margins in Electrical Solutions declined on higher inflation, tariffs, and restructuring-related investments. During the quarter, Hubbell completed the approximately $3.0 billion acquisition of NSI Electrical Buyer, Inc. (NSI Industries), financed with a new $900 million unsecured term loan facility, $1.9 billion of senior notes, and commercial paper, significantly increasing goodwill, intangibles, and total debt. Management raised its full-year 2026 adjusted diluted EPS guidance to $20.25–$20.55 while maintaining GAAP diluted EPS guidance of $17.25–$17.55, and now expects 16–18% total sales growth (including 9–11% organic), an adjusted tax rate of 22.0–22.5%, and free cash flow conversion of about 90% of adjusted net income.

Filing Facts

CIK

48898

Ticker

HUBB

Form

8K

Source Type

sec

Accession

0001628280-26-049934

Alert Tier

7