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 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 12 (+4) [Q3]
48% more call options, than puts
Call options by funds: $70.7M | Put options by funds: $47.8M
20% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 83
18.64% more ownership
Funds ownership: 94.78% [Q2] → 113.42% (+18.64%) [Q3]
17% more capital invested
Capital invested by funds: $18.6B [Q2] → $21.8B (+$3.24B) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 264
1% more funds holding
Funds holding: 779 [Q2] → 786 (+7) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Joseph O'Dea 77% 1-year accuracy 24 / 31 met price target | 7%upside $450 | Equal-Weight Maintained | 7 Jan 2025 |
Barclays Julian Mitchell 63% 1-year accuracy 69 / 110 met price target | 13%upside $475 | Equal-Weight Maintained | 5 Dec 2024 |
Deutsche Bank Nicole Deblase 73% 1-year accuracy 8 / 11 met price target | 13%upside $473 | Hold Downgraded | 26 Nov 2024 |
Bernstein Chad Dillard 67% 1-year accuracy 2 / 3 met price target | 27%upside $535 | Outperform Initiated | 5 Nov 2024 |
Morgan Stanley Chris Snyder 71% 1-year accuracy 10 / 14 met price target | 6%upside $445 | Equal-Weight Maintained | 30 Oct 2024 |