There's a significant change in investment positions relating to Hubbell Inc. Notably, various institutional players adjusted their stakes in the company. Millennium Management LLC, Sciencast Management LP, and Scientech Research LLC increased their positions, as did Ascent Group LLC, UniSuper Management, Zurich Insurance Group and others. However, reductions were also observed from Royal Bank of Canada, Advisors Asset Management Inc, and Sandler Capital Management among others. Meanwhile, Hubbell received a consensus analyst recommendation of 'Moderate Buy'.
Hubbell announced leadership changes with the retirement of CFO Bill Sperry and subsequent appointment of Joseph Capozzoli as his successor. It also strengthened its board, appointing Edward Baine, a Dominion energy personnel. Prospects for Hubbell's finances seem optimistic, backed by a sustained $5.6B infrastructure and steady$1.32 dividend payouts. The company also reported Strong Q2 2025 results presenting promising outlooks.
Hubbell aims to boost its utility solutions portfolio by acquiring DMC Power for $825M. This acquisition targets massive data center and grid infrastructure growth, a sign of positive growth momentum and growth driven by utility solutions.
Hubbell Incorporated HUBB News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Sun, 14 Sep 2025 00:55:51 GMT - Rating 6 - Innovation 4 - Information 7 - Rumor 2
