Federated Hermes Inc. has lessened its stake in
Hubbell Incorporated while
Forsta AP Fonden and
Triasima Portfolio Management have increased their position. Favorable mentions of HUBB by Jim Cramer, coupled with the company's plans to present at the Morgan Stanley Conference, contribute to investor confidence. Despite some shares sold by several investment firms including
Valley Wealth Managers and
Johnson Investment Counsel, new investments have been made by
Hazlett Burt & Watson,
Caprock Group, and
IFG Advisory. HUBB's Q1 and Q2 2024 earning reports exceeded estimates and its business growth plans are solid. Emphasizing HUBB's forward momentum, the company's acquisitions and restructuring efforts aim at accelerating free cash flow growth. High CEO compensation has been justified given the company's performance. Numerous organizations such as
Impax Asset Management Group and
Fiera Capital Corp have purchased HUBB shares. Despite cautionary signs from insiders selling shares, Deutsche Bank Aktiengesellschaft upgraded HUBB and the company surpassed Q2 earnings estimates. Furthermore, HUBB has been recognized as one of the 2024 World's Most Ethical Companies®.
Hubbell Incorporated HUBB News Analytics from Fri, 12 Aug 2016 14:58:47 GMT to Sun, 15 Sep 2024 10:04:32 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -2
