Hubbell Inc has recently seen significant purchase activity from various investment groups. Most notably,
Vaughan Nelson Investment Management acquired 91,777 shares and
J. Safra Sarasin Holding AG purchased 4,707 shares, amongst others. In major moves, the company has finalized a
$600 million acquisition of
DMC Power, adding 350 jobs across two US plants and boosting infrastructure. Incidentally, the
CFO Bill Sperry announces retirement, naming
Joseph Capozzoli as his successor. Despite shares being sold by Pacific Point Advisors LLC, the company's shares were purchased significantly by Hudson Edge Investment Partners Inc and BSW Wealth Partners. Remarkably, Wall Street Zen upgraded Hubbell to a “Strong-Buy” rating. Forecasted strong growth has led to speculation about EPS acceleration with bullish metrics. Yet, low Q1 2025 forecasts has caused a brief decrease in stock. Looking ahead, the company has approved a
$500 million share buyback and announced a quarterly dividend of
$1.32 per share. The upcoming Q2 2025 earnings results are highly anticipated.
Hubbell Incorporated HUBB News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 04 Oct 2025 09:30:24 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 8
