The **investment activity** related to Hubbell Incorporated (HUBB) has been significant recently. Park Avenue Securities and Atria Investments have bought shares of the company, whereas American International Group and Teachers Retirement System of Kentucky reduced their holdings. The company plans to pay a **quarterly dividend** of $1.22 per share. **Hubbell's stock** price has seen some volatility, but analysts still maintain a 'Moderate Buy' rating, with a consensus target price of $402.57. Notwithstanding the selling of stocks by insiders like Carlos Cardoso and Mark Mikes, the company's CEO compensation is justified given the strong fundamentals. The Q2 revenue missed the expectations while the adjusted **EPS outperformed** analyst estimates. This was followed by the appreciation of the stock price. Hubbell's Q1 earnings also surpassed estimates. Apart from its operating performance, Hubbell has been recognized as one of the World's Most Ethical Companies® for 2024. Furthermore, Comvest Partners have agreed to sell Systems Control to Hubbell, which indicates the company's digression into **new business segments**.
Hubbell Incorporated HUBB News Analytics from Sun, 15 May 2016 22:09:16 GMT to Sat, 10 Aug 2024 17:38:30 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 3
