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NYSE:HUBB

Hubbell (HUBB) Stock Price, News & Analysis

$367.09
+11.54 (+3.25%)
(As of 07/26/2024 ET)
Today's Range
$362.31
$369.56
50-Day Range
$355.83
$413.00
52-Week Range
$248.37
$429.61
Volume
333,062 shs
Average Volume
461,246 shs
Market Capitalization
$19.71 billion
P/E Ratio
27.37
Dividend Yield
1.33%
Price Target
$386.57

Hubbell MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
5.3% Upside
$386.57 Price Target
Short Interest
Healthy
2.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.62mentions of Hubbell in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$1.23 M Sold Last Quarter
Proj. Earnings Growth
7.96%
From $16.33 to $17.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Industrial Products Sector

63rd out of 172 stocks

Electronic Components & Accessories Industry

1st out of 6 stocks

HUBB stock logo

About Hubbell Stock (NYSE:HUBB)

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells electrical distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.

HUBB Stock Price History

HUBB Stock News Headlines

Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Hubbell Incorporated Declares Regular Quarterly Dividend
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 6/17 Dividend
5/31/2024
Dividend Payable
6/17/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
Electronic Equipment
Employees
18,317
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$386.57
High Stock Price Target
$450.00
Low Stock Price Target
$335.00
Potential Upside/Downside
+5.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$759.80 million
Pretax Margin
17.31%

Debt

Sales & Book Value

Annual Sales
$5.37 billion
Cash Flow
$18.74 per share
Book Value
$53.77 per share

Miscellaneous

Free Float
53,332,000
Market Cap
$19.71 billion
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. Gerben W. Bakker (Age 59)
    President, CEO & Chairman
    Comp: $3.77M
  • Mr. William R. SperryMr. William R. Sperry (Age 62)
    Executive VP & CFO
    Comp: $2.04M
  • Ms. Katherine Anne Lane (Age 46)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $1.35M
  • Mr. Mark E. Mikes (Age 59)
    President of Hubbell Electrical Solutions Segment
    Comp: $1.39M
  • Mr. Gregory A. Gumbs (Age 54)
    President of Hubbell Utility Solutions Segment
    Comp: $1.22M
  • Akshay Mittal
    Global Operations President
  • Mr. Jonathan M. Del Nero (Age 52)
    VP, Controller & Principal Accounting Officer
  • Dr. Alexis P. Bernard (Age 50)
    Chief Technology Officer
  • Drew M. Marquardt
    Chief Information Officer
  • Mr. Daniel Joseph Innamorato
    Director of Investor Relations

HUBB Stock Analysis - Frequently Asked Questions

How have HUBB shares performed this year?

Hubbell's stock was trading at $328.93 at the beginning of 2024. Since then, HUBB stock has increased by 11.6% and is now trading at $367.09.
View the best growth stocks for 2024 here
.

How were Hubbell's earnings last quarter?

Hubbell Incorporated (NYSE:HUBB) announced its quarterly earnings results on Tuesday, April, 30th. The industrial products company reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.54 by $0.06. Hubbell's revenue for the quarter was up 8.8% on a year-over-year basis.

What is Timothy H. Powers' approval rating as Hubbell's CEO?

29 employees have rated Hubbell Chief Executive Officer Timothy H. Powers on Glassdoor.com. Timothy H. Powers has an approval rating of 85% among the company's employees.

Who are Hubbell's major shareholders?

Top institutional investors of Hubbell include Bank of New York Mellon Corp (3.79%), Boston Trust Walden Corp (0.64%), Ceredex Value Advisors LLC (0.38%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). Insiders that own company stock include Gerben Bakker, William R Sperry, John F Malloy, Katherine Anne Lane, Neal J Keating, Anthony Guzzi, Allan Connolly, Alyssa R Flynn, Nero Jonathan M Del, Nero Jonathan M Del, Mark Eugene Mikes and Carlos M Cardoso.
View institutional ownership trends
.

How do I buy shares of Hubbell?

Shares of HUBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hubbell own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hubbell investors own include AT&T (T), Exxon Mobil (XOM), International Business Machines (IBM), Home Depot (HD), Johnson & Johnson (JNJ), Procter & Gamble (PG) and Chevron (CVX).

This page (NYSE:HUBB) was last updated on 7/27/2024 by MarketBeat.com Staff

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