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
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Mizuho Brett Linzey 71% 1-year accuracy 12 / 17 met price target | 7%upside $490 | Outperform Maintained | 17 Oct 2024 |
JP Morgan Stephen Tusa 67% 1-year accuracy 14 / 21 met price target | 1%downside $454 | Neutral Downgraded | 10 Oct 2024 |
Wells Fargo Joseph O'Dea 81% 1-year accuracy 22 / 27 met price target | 3%downside $445 | Equal-Weight Maintained | 7 Oct 2024 |
Barclays Julian Mitchell 77% 1-year accuracy 58 / 75 met price target | 13%downside $400 | Equal-Weight Maintained | 2 Oct 2024 |
Morgan Stanley Chris Snyder 77% 1-year accuracy 10 / 13 met price target | 11%downside $407 | Equal-Weight Initiated | 6 Sept 2024 |
Financial journalist opinion
Based on 5 articles about HUBB published over the past 30 days