Hubbell Incorporated (HUBB)

NYSE: HUBB · IEX Real-Time Price · USD
407.90
+5.63 (1.40%)
Apr 26, 2024, 10:29 AM EDT - Market open
1.40%
Market Cap 21.87B
Revenue (ttm) 5.37B
Net Income (ttm) 759.80M
Shares Out 53.63M
EPS (ttm) 14.05
PE Ratio 29.01
Forward PE 24.31
Dividend $4.88 (1.20%)
Ex-Dividend Date Feb 28, 2024
Volume 76,748
Open 403.56
Previous Close 402.27
Day's Range 402.78 - 410.37
52-Week Range 248.37 - 429.61
Beta 0.93
Analysts Buy
Price Target 362.00 (-11.25%)
Earnings Date Apr 30, 2024

About 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, maintenan... [Read more]

Sector Industrials
Founded 1888
Employees 18,317
Stock Exchange NYSE
Ticker Symbol HUBB
Full Company Profile

Financial Performance

In 2023, Hubbell's revenue was $5.37 billion, an increase of 8.59% compared to the previous year's $4.95 billion. Earnings were $759.80 million, an increase of 39.18%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for HUBB stock is "Buy." The 12-month stock price forecast is $362.0, which is a decrease of -11.25% from the latest price.

Price Target
$362.0
(-11.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Two stocks for a stronger dollar and Fed uncertainty

The dollar has been very strong this year. This isn't a surprise.

Other symbols: MNST
4 days ago - Market Watch

Hubbell to Announce First Quarter 2024 Results on April 30, 2024

Shelton, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2024 financial results prior to the opening of the market on April 3...

9 days ago - GlobeNewsWire

Hubbell Incorporated Recognized as One of the 2024 World's Most Ethical Companies®

Shelton, CT, March 04, 2024 (GLOBE NEWSWIRE) --        Hubbell Incorporated Recognized as One of the 2024 World's Most Ethical Companies® Shelton, CT, March 4, 2024

7 weeks ago - GlobeNewsWire

Hubbell to Host Investor Conference

Shelton, CT, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) will host an investor conference on Tuesday, June 4, 2024 beginning at 8:30 AM ET and concluding at 12:00 PM ET. The pu...

2 months ago - GlobeNewsWire

Kingswood Capital Management Acquires Progress Lighting, Marking a Significant Milestone in the Brand's 117-Year History

LOS ANGELES , Feb. 12, 2024 /PRNewswire/ -- Kingswood Capital Management, LP (together with its affiliates, "Kingswood") announced today that it has acquired Progress Lighting, LLC ("Progress Lighting...

2 months ago - PRNewsWire

Hubbell Completes Sale of Residential Lighting Business

Shelton, CT, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it has completed the sale of its Residential Lighting business to Kingswood Capital Management, LP. The...

2 months ago - GlobeNewsWire

Hubbell Reports Fourth Quarter and Full Year 2023 Results

Shelton, CT, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Exhibit 99.1 HUBBELL REPORTS FOURTH QUARTER 2023 AND FULL YEAR RESULTS Q4 diluted EPS from continuing operations of $3.16; adjusted diluted EPS from cont...

3 months ago - GlobeNewsWire

Hubbell Incorporated Declares Regular Quarterly Dividend

Shelton, CT, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.22 per share on the Company's common stock. ...

3 months ago - GlobeNewsWire

Hubbell to Announce Fourth Quarter 2023 Results on January 30, 2024

Shelton, CT, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its fourth quarter 2023 financial results prior to the opening of the market on January...

3 months ago - GlobeNewsWire

16 Favorite Manufacturing Stocks, According to Wall Street

A new year means a chance to pick so new stocks for a portfolio.

Other symbols: BABLDCWSTFDXFLSGMGNRC
3 months ago - Barrons

Comvest Partners Completes Sale of Systems Control to Hubbell

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvestpartners--Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the completion of its previously announced sale of Sys...

4 months ago - Business Wire

Hubbell Incorporated Completes Acquisition of Systems Control

Shelton, CT, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) (“Hubbell”) today announced that it has completed its acquisition of Northern Star Holdings, Inc. (commercially known a...

4 months ago - GlobeNewsWire

Comvest Partners Enters in Definitive Agreement to Sell Systems Control to Hubbell Incorporated

WEST PALM BEACH, Fla--(BUSINESS WIRE)-- #comvestpartners--Comvest Partners (“Comvest”), a middle-market private investment firm, is pleased to announce the execution of a definitive agreement to sell ...

6 months ago - Business Wire

Hubbell Reports Third Quarter 2023 Results

Shelton, CT, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Exhibit 99.1 HUBBELL REPORTS THIRD QUARTER 2023 RESULTS Q3 diluted EPS from continuing operations of $3.70; adjusted diluted EPS from continuing operatio...

6 months ago - GlobeNewsWire

Hubbell to Acquire Systems Control

Shelton, CT, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Hubbell to Acquire Systems Control

6 months ago - GlobeNewsWire

Hubbell Incorporated Declares 9% Dividend Increase

Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate. The new annual payment of $4.8...

6 months ago - GlobeNewsWire

Hubbell to Announce Third Quarter 2023 Results on October 31, 2023

Shelton, CT, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2023 financial results prior to the opening of the market on October ...

6 months ago - GlobeNewsWire

Lululemon, Hubbell Shares Rise Ahead of Joining the S&P 500

Lululemon (LULU) stock prices jumped and were about 10% higher as of 1 p.m. Eastern Time Monday, ahead of the athletic wear company's upcoming inclusion on the S&P 500 Index.

Other symbols: LULU
6 months ago - Investopedia

Pfizer shares fall on guidance cut, weighing on BioNTech and Moderna stocks, and other shares on the move

Shares of Lululemon Athletica Inc. LULU, +1.00% rallied more than 5% after index provider S&P Dow Jones Indices said the stock will join the S&P 500 index SPX on Wednesday.

6 months ago - Market Watch

Lululemon Athletica & Hubbell Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on...

Other symbols: ATVILULUOGNONTO
6 months ago - PRNewsWire

Hubbell Incorporated to Present at Morgan Stanley Conference

Shelton, CT, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman, President and Chief Executive Officer, will appear at the Morgan Stanley...

8 months ago - GlobeNewsWire

Hubbell Reports Second Quarter 2023 Results

Shelton, CT, July 25, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS SECOND QUARTER 2023 RESULTS

9 months ago - GlobeNewsWire

Hubbell to Announce Second Quarter 2023 Results on July 25, 2023

Shelton, CT, July 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its second quarter 2023 financial results prior to the opening of the market on July 25...

10 months ago - GlobeNewsWire

Debra L. Dial Elected to the Hubbell Incorporated Board of Directors

Shelton, CT, June 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. ...

10 months ago - GlobeNewsWire

Hubbell Announces New Segment Leadership

Shelton, CT, June 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Announces New Segment Leadership

11 months ago - GlobeNewsWire