Citigroup Inc. has reportedly reduced its holdings in
Hubbell Inc.. Additionally, Hubbell was well received by
analysts who raised their price target for the company's shares to US$533. The company reported
strong sales growth and strategic maneuvers during its Q4 2025 earnings call. Furthermore, Hubbell's CEO and CFO have been granted new stock and SAR awards. In addition, multiple
investment firms including NEOS Investment Management, PNC Financial Services Group, and BNP PARIBAS ASSET MANAGEMENT have increased their holdings in Hubbell. However, some investors including Erste Asset Management, Artisan Partners, LGT Capital Partners, and Vanguard Group have decreased their holdings. The company has also announced a quarterly dividend of $1.42. On another note, Hubbell's CEO and CFO presented at a Barclays investor event. Lastly, Hubbell is set to acquire DMC Power for $825 million, bolstering its utility solutions portfolio, and it has been seen as benefiting from the rise of AI and utility solutions.
Hubbell Incorporated HUBB News Analytics from Thu, 06 Mar 2025 08:00:00 GMT to Sat, 28 Feb 2026 11:52:46 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 2
