In recent updates about Hubbell Inc (HUBB), various financial institutions have adjusted their stock positions. Notably, Pacer Advisors Inc. and Neuberger Berman Group LLC have sold their shares, while others like Cwm LLC and Curi Capital LLC expanded their stake. Mirova US LLC has a significant $208.77 million stock holding. Furthermore, Hubbell demonstrated robust industrial product performance, with mixed Q3 outcomes influencing the company's leading bull case. The company successfully raised its 2025 EPS guidance and obtained a 'buy' rating adjustment from Wall Street Zen. Seaport Global's price target for HUBB reached $525 from $515.
For Q3 2025, Hubbell exceeded EPS estimates, yet reported sales below analyst expectations. Despite this, the company was upgraded to a 'strong-buy' due to its healthy financial growth and competitive advantage in the market. An 8% increment in Common Stock Dividend Rate was also announced by Hubbell. Moreover, the company sealed the acquisition deal of DMC Power for $600 million after previously committing to an $825 million agreement. Ahead of expected Q3 earnings, Hubbell anticipates outperforming the market.
Hubbell Incorporated HUBB News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Thu, 01 Jan 2026 10:56:42 GMT - Rating 7 - Innovation 6 - Information 7 - Rumor 2
