HubbellHUBB
About: Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: Utility Solutions Segment and the Electrical Solutions Segment. It derives maximum revenue from Utility Solutions Segment.
Employees: 18,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
486% more call options, than puts
Call options by funds: $114M | Put options by funds: $19.5M
8% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 90
3% more repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 272
1% more funds holding
Funds holding: 769 [Q1] → 776 (+7) [Q2]
0.8% more ownership
Funds ownership: 89.57% [Q1] → 90.37% (+0.8%) [Q2]
11% less capital invested
Capital invested by funds: $19.9B [Q1] → $17.7B (-$2.14B) [Q2]
38% less funds holding in top 10
Funds holding in top 10: 13 [Q1] → 8 (-5) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Joseph O'Dea 89% 1-year accuracy 16 / 18 met price target | 1%downside $445 | Equal-Weight Maintained | 7 Oct 2024 |
Barclays Julian Mitchell 68% 1-year accuracy 41 / 60 met price target | 11%downside $400 | Equal-Weight Maintained | 2 Oct 2024 |
Morgan Stanley Chris Snyder 71% 1-year accuracy 10 / 14 met price target | 9%downside $407 | Equal-Weight Initiated | 6 Sept 2024 |
Deutsche Bank Nicole Deblase 73% 1-year accuracy 8 / 11 met price target | 2%downside $441 | Buy Upgraded | 6 Sept 2024 |
Stephens & Co. Tommy Moll 90% 1-year accuracy 18 / 20 met price target | 0%upside $450 | Overweight Reiterated | 2 Aug 2024 |
Financial journalist opinion
Based on 5 articles about HUBB published over the past 30 days