Teams with fewer Home Runs than the individual record.

Babe Ruth hit more Home Runs (HR) than every other team in his league in both 1920 and 1927. However, in both seasons Ruth's Yankee teammates hit more HR than Ruth. Ruth set the season HR record four times: 1919 with the Boston Red Sox, then with the Yankees in 1920, 1921, 1927. Here are the top HR seasons:

1901-1920 at least 20:

Rk	Player	HR	AB	Year	Age	Tm	Lg	G	PA	R	H	2B	3B	RBI	BB	IBB	SO	HBP	SH	SF	GDP	SB	CS	BA	OBP	SLG	OPS	Pos
1	Babe Ruth	54	458	1920	25	NYY	AL	142	616	158	172	36	9	135	150		80	3	5			14	14	.376	.532	.847	1.379	*978/3H1
2	Babe Ruth	29	432	1919	24	BOS	AL	130	543	103	139	34	12	113	101		58	6	3			7		.322	.456	.657	1.114	*71/3H8
3	Gavvy Cravath	24	522	1915	34	PHI	NL	150	621	89	149	31	7	115	86		77	6	7			11	9	.285	.393	.510	.902	*9/H
4	Frank Schulte	21	577	1911	28	CHC	NL	154	687	105	173	30	21	107	76		71	3	31			23		.300	.384	.534	.918	*9

1901-1927 at least 40:

Rk	Player	HR	AB	Year	Age	Tm	Lg	G	PA	R	H	2B	3B	RBI	BB	IBB	SO	HBP	SH	SF	GDP	SB	CS	BA	OBP	SLG	OPS	Pos
1	Babe Ruth	60	540	1927	32	NYY	AL	151	691	158	192	29	8	165	137		89	0	14			7	6	.356	.486	.772	1.258	*97
2	Babe Ruth	59	540	1921	26	NYY	AL	152	693	177	204	44	16	168	145		81	4	4			17	13	.378	.512	.846	1.359	*78/13
3	Babe Ruth	54	458	1920	25	NYY	AL	142	616	158	172	36	9	135	150		80	3	5			14	14	.376	.532	.847	1.379	*978/3H1
4	Lou Gehrig	47	584	1927	24	NYY	AL	155	717	149	218	52	18	173	109		84	3	21			10	8	.373	.474	.765	1.240	*3
5	Babe Ruth	47	495	1926	31	NYY	AL	152	652	139	184	30	5	153	144		76	3	10			11	9	.372	.516	.737	1.253	*79/H3
6	Babe Ruth	46	529	1924	29	NYY	AL	153	681	143	200	39	7	124	142		81	4	6			9	13	.378	.513	.739	1.252	*97/8H
7	Rogers Hornsby	42	623	1922	26	STL	NL	154	704	141	250	46	14	152	65		50	1	15			17	12	.401	.459	.722	1.181	*4
8	Babe Ruth	41	522	1923	28	NYY	AL	152	697	151	205	45	13	130	170		93	4	3			17	21	.393	.545	.764	1.309	97/83
9	Cy Williams	41	535	1923	35	PHI	NL	136	604	98	157	22	3	114	59		57	7	3			11	10	.293	.371	.576	.947	*8/H

Ruth hit 54 HR in 1920 and only the National League (NL) Philadelphia Phillies exceeded that with 64. Pittsburgh hit the fewest: 18. Fewest in the American League (AL) was the team that Ruth had just left: Boston hit only 22.

At least 60 HR:

Rk	Player	HR	AB	Year	Age	Tm	Lg	G	PA	R	H	2B	3B	RBI	BB	IBB	SO	HBP	SH	SF	GDP	SB	CS	BA	OBP	SLG	OPS	Pos
1	Barry Bonds	73	476	2001	36	SFG	NL	153	664	129	156	32	2	137	177	35	93	9	0	2	5	13	3	.328	.515	.863	1.379	*7/DH
2	Mark McGwire	70	509	1998	34	STL	NL	155	681	130	152	21	0	147	162	28	155	6	0	4	8	1	0	.299	.470	.752	1.222	*3/H
3	Sammy Sosa	66	643	1998	29	CHC	NL	159	722	134	198	20	0	158	73	14	171	1	0	5	20	18	9	.308	.377	.647	1.024	*9/8
4	Mark McGwire	65	521	1999	35	STL	NL	153	661	118	145	21	1	147	133	21	141	2	0	5	12	0	0	.278	.424	.697	1.120	*3/H
5	Sammy Sosa	64	577	2001	32	CHC	NL	160	711	146	189	34	5	160	116	37	153	6	0	12	6	0	2	.328	.437	.737	1.174	*9
6	Sammy Sosa	63	625	1999	30	CHC	NL	162	712	114	180	24	2	141	78	8	171	3	0	6	17	7	8	.288	.367	.635	1.002	*98
7	Roger Maris	61	590	1961	26	NYY	AL	161	698	132	159	16	4	141	94	0	67	7	0	7	16	0	0	.269	.372	.620	.993	*98/H
8	Babe Ruth	60	540	1927	32	NYY	AL	151	691	158	192	29	8	165	137		89	0	14			7	6	.356	.486	.772	1.258	*97

1927-2015 teams have hit fewer than 60 HR 116 times, excluding the short 1981 season. Here are the 18 times that teams (with their current names) from 1946 through 2015 hit fewer than 60 HR:

yearID	lgID	franchName	HR	HRrate	park	W	L	Rank	AB	attendance
1946	AL	Chicago White Sox	37	143.6	Comiskey Park	74	80	5	5312	983403
1946	AL	Oakland Athletics	40	130.0	Shibe Park	49	105	8	5200	621793
1946	NL	Atlanta Braves	44	118.8	Braves Field	81	72	4	5225	969673
1946	NL	Los Angeles Dodgers	55	96.1	Ebbets Field	96	60	2	5285	1796824
1946	NL	Chicago Cubs	56	94.6	Wrigley Field	82	71	3	5298	1342970
1947	AL	Minnesota Twins	42	121.7	Griffith Stadium I	64	90	7	5112	850758
1947	AL	Chicago White Sox	53	99.5	Comiskey Park	70	84	6	5274	876948
1948	AL	Minnesota Twins	31	164.9	Griffith Stadium I	56	97	7	5111	795254
1948	AL	Chicago White Sox	55	94.4	Comiskey Park	51	101	8	5192	777844
1949	AL	Chicago White Sox	43	121.0	Comiskey Park	63	91	6	5204	937151
1951	AL	Minnesota Twins	54	98.7	Griffith Stadium I	62	92	7	5329	695167
1952	AL	Minnesota Twins	50	107.1	Griffith Stadium I	78	76	5	5357	699457
1954	AL	Baltimore Orioles	52	100.1	Memorial Stadium	54	100	7	5206	1060910
1955	AL	Baltimore Orioles	54	97.4	Memorial Stadium	57	97	7	5257	852039
1972	AL	Texas Rangers	56	89.8	Arlington Stadium	54	100	6	5029	662974
1975	AL	Los Angeles Angels of Anaheim	55	97.8	Anaheim Stadium	72	89	6	5377	1058163
1979	NL	Houston Astros	49	110.1	Astrodome	89	73	2	5394	1900312
1986	NL	St. Louis Cardinals	58	92.7	Busch Stadium II	79	82	3	5378	2471974

Supposedly the most recent player to hit more HR than a team was Pittsburgh Pirate Ralph Kiner with 54 in 1949. The Chicago White Sox in the American League hit only 43 HR. Next was the Washington Senators (Minnesota Twins after 1960) with 81. Tops:
Brooklyn Dodgers 152
New York Giants 147.

Fewest HR in years when the record was broken:
1961: Maris 61; Kansas City As 90 (only team < 100)
1998: McGwire 70: Pittsburgh 107
2001: Bonds 73; Tampa 121

Excluding 1981, since 1961 fewer than 73 HR by teams happened 26 times:

yearID	lgID	franchName	HR	HRrate	park	W	L	Rank	AB	attendance
1963	NL	Houston Astros	62	86.8	Colt Stadium	66	96	9	5384	719502
1964	NL	Houston Astros	70	75.8	Colt Stadium	66	96	9	5303	725773
1966	AL	Oakland Athletics	70	76.1	Municipal Stadium I	74	86	7	5328	773929
1967	AL	Oakland Athletics	69	77.5	Municipal Stadium I	62	99	10	5349	726639
1968	NL	Houston Astros	66	80.8	Astrodome	72	90	10	5336	1312887
1968	NL	Los Angeles Dodgers	67	79.9	Dodger Stadium	76	86	7	5354	1581093
1968	AL	Chicago White Sox	71	76.1	Comiskey Park	67	95	8	5405	803775
1971	NL	Houston Astros	71	77.4	Astrodome	79	83	4	5492	1261589
1972	AL	Texas Rangers	56	89.8	Arlington Stadium	54	100	6	5029	662974
1972	NL	St. Louis Cardinals	70	76.1	Busch Stadium II	75	81	4	5326	1196894
1975	AL	Los Angeles Angels of Anaheim	55	97.8	Anaheim Stadium	72	89	6	5377	1058163
1976	NL	St. Louis Cardinals	63	87.6	Busch Stadium II	72	90	5	5516	1207079
1976	AL	Los Angeles Angels of Anaheim	63	85.5	Anaheim Stadium	76	86	4	5385	1006774
1976	NL	San Diego Padres	64	83.9	Jack Murphy Stadium	73	89	5	5369	1458478
1976	AL	Kansas City Royals	65	85.2	Royals Stadium	90	72	1	5540	1680265
1976	NL	Houston Astros	66	82.8	Astrodome	80	82	3	5464	886146
1978	NL	Houston Astros	70	78.0	Astrodome	74	88	5	5458	1126145
1978	NL	Chicago Cubs	72	76.8	Wrigley Field	79	83	3	5532	1525311
1979	NL	Houston Astros	49	110.1	Astrodome	89	73	2	5394	1900312
1980	NL	New York Mets	61	89.8	Shea Stadium	67	95	5	5478	1192073
1980	NL	San Diego Padres	67	82.7	Jack Murphy Stadium	73	89	6	5540	1139026
1982	NL	St. Louis Cardinals	67	81.4	Busch Stadium II	92	70	1	5455	2111906
1986	NL	St. Louis Cardinals	58	92.7	Busch Stadium II	79	82	3	5378	2471974
1988	NL	St. Louis Cardinals	71	77.7	Busch Stadium II	76	86	5	5518	2892799
1991	NL	St. Louis Cardinals	68	78.9	Busch Stadium II	84	78	2	5362	2448699
1992	NL	Los Angeles Dodgers	72	74.6	Dodger Stadium	63	99	6	5368	2473266