Bard Financial Services Inc. reduced their stake in Hubbell Incorporated by 5000 shares, while Susquehanna Fundamental Investments and Westwood Holdings Group increased their positions by 19,538 and 24,157 shares respectively. Investors who acquired HUBB shares five years ago have seen their investment grow by 266%. Hubbell presented at the Morgan Stanley Conference and recently had a positive Q2 earning report with an EPS of $3.94 albeit with a slight miss on the revenue at $1.45 Billion. The company is projecting confidence in its growth trajectory, underscored by Jim Cramer's endorsement of its industrial stock preceding rate cuts. Hubbell's quarterly dividend announcement has attracted investor attention and its acquisitions and restructuring efforts are promising to enhance future free cash flow (FCF) growth. The company's stock recently set a new 12-month high at $430.91. It is also recognized as one of the most ethical companies and is expecting growth ahead of Q2 release. However, recent insider selling might signify caution among its executive ranks.
Hubbell Incorporated HUBB News Analytics from Fri, 12 Aug 2016 14:58:47 GMT to Sat, 05 Oct 2024 22:21:46 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -6
