Hubbell Inc seems to be in the middle of a flurry of activity lately, with share dealings from the Czech National Bank, Beacon Financial Group, Livforsakringsbolaget Skandia Omsesidigt and many more. A common trend seems to be increased stake purchases, signaling trust and confidence in the company's performance. However, there have been slight decreases in ownership as well by institutions like Swedbank AB, Douglas Lane & Associates LLC, and Royal Bank of Canada, indicating a possible diversification of investment portfolios. One of the major shifts was the retirement of
CFO Bill Sperry and the appointment of
Joseph Capozzoli as his successor. The company has shown consistent performance with a
moderate buy recommendation from analysts. The recent news that the company is set to acquire
DMC Power for $825 million, expanding its utility solutions portfolio, signifies its strategic endeavors in the business expansion. However, following a revenue miss, accounting change spark investor caution. On the financial front, Hubbell reported strong Q2 2025 results with adjusted EPS growth alongside a hefty quarterly dividend of $1.32 per share. The firm also announced a new $500M share repurchase program, which hints towards potential stock value appreciation.
Hubbell Incorporated HUBB News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sun, 21 Sep 2025 00:08:15 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -4
