Hubbell (HUBB)

• Market cap: $23.9B
• 1 day: 1.82%
• 5 days: -4.29%
• 1 month: -2.46%
• 3 months: 18.59%
• 6 months: 12.02%
• Year to date: 36.71%
• 1 year: 48.15%
• 5 years: 201.57%
• 10 years: 339.33%
• Sector: Information Technology
• Industry: Electronic Components & Accessories

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 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more call options, than puts

Call options by funds: $70.4M | Put options by funds: $42.1M

50% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 12 (+4) [Q3]

18.44% more ownership

Funds ownership: 91.4% [Q2] → 109.84% (+18.44%) [Q3]

17% more capital invested

Capital invested by funds: $17.9B [Q2] → $21B (+$3.09B) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 278 | Existing positions reduced: 256

8% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 104

1% less funds holding

Funds holding: 777 [Q2] → 769 (-8) [Q3]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $400 10% downside
• Avg. target: $447 0% upside
• High target: $535 20% upside

10 analyst ratings

• positive: 3 30%
• neutral: 7 70%
• negative: 0 0%

Bernstein Chad Dillard 100% 1-year accuracy 2 / 2 met price target	20% upside $535	Outperform Initiated	5 Nov 2024
Barclays Julian Mitchell 74% 1-year accuracy 66 / 89 met price target	10% downside $402	Equal-Weight Maintained	30 Oct 2024
Morgan Stanley Chris Snyder 63% 1-year accuracy 10 / 16 met price target	0% downside $445	Equal-Weight Maintained	30 Oct 2024
Wells Fargo Joseph O'Dea 81% 1-year accuracy 25 / 31 met price target	2% upside $455	Equal-Weight Maintained	30 Oct 2024
Mizuho Brett Linzey 97% 1-year accuracy 28 / 29 met price target	10% upside $490	Outperform Maintained	17 Oct 2024