Hubbell Incorporated (HUBB)

Hubbell's stock price has seen a significant gain of 31.9% as of October 3, 2025, attributed to solid quarterly results. Hubbell reported positive Q3 2023 results with net sales growing 5% and an expanded operating profit margin, and Q4 2024 earnings reported adjusted EPS of $4.10, beating analyst estimates. In August 2025, Hubbell entered an agreement to acquire DMC Power, and earlier, a Hubbell subsidiary acquired Ventev in February 2025, and the company confirmed the acquisition of Northern Star Holdings. Hubbell has raised its guidance for revenue growth and EPS. As of October 2, 2025, Hubbell Inc. has an average rating of "Moderate Buy" from eight ratings firms, with an average 12-month target price of $472.63.

Hubbell, Inc. experiences demand seasonality, with the company anticipating a typical 5% quarterly drop in sales for the fourth quarter, alongside an expected increase in organic sales. Utility demand remains consistently high, driven by megatrends such as grid modernization and electrification, which are expected to generate mid-single-digit organic growth in the utility markets in the coming years. The telecom markets were expected to remain sluggish in the first half of 2024, but transmission and substation markets are projected to see strong demand, with infrastructure stimulus funds expected to boost results in the second half of 2024.

Hubbell, Inc. is an American manufacturer of electrical and electronic products, serving non-residential and residential construction, industrial, and utility sectors. The company operates within the Capital Goods sector, specifically in the Electrical Components and Equipment, Electrical Products, Electronics, and Public Utility industries, and is segmented into Electrical Solutions and Utility Solutions. Major products in Electrical Solutions include lighting fixtures and controls, wiring devices, power and data solutions, and industrial-grade plugs, connectors, and enclosures. Major products in Utility Solutions include transmission and distribution products, grid modernization solutions, underground and overhead systems, and products for renewable energy applications.

Hubbell, Inc. is headquartered in Shelton, Connecticut, USA, and maintains a global presence. The company operates manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, China, Italy, the United Kingdom, Brazil, Australia, Spain, Ireland, and the Philippines. Hubbell also has sales offices located in Singapore, China, India, Mexico, South Korea, and various countries in the Middle East. Approximately 91.7% of its revenue is generated in the United States.

Hubbell, Inc. generally maintains a strong brand reputation, being recognized as a "respected player" in the electrical segment and "synonymous with innovation and excellence" since its founding in 1888. Customers often prefer to pay a premium for a brand that has proven reliable and that they trust for critical infrastructure components. There have been no specific publicly reported events that have significantly impacted Hubbell, Inc.'s overall brand reputation, either positively or negatively, beyond the general positive sentiment associated with its financial performance and strategic acquisitions within the past year.

Hubbell, Inc. is primarily owned by institutional investors, who hold approximately 77.54% to 95.55% of the company's stock. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., Bank of New York Mellon Corp, State Street Corp, Price T Rowe Associates Inc /md/, Invesco Ltd., Massachusetts Financial Services Co /ma/, and FIL Ltd. Individual and insider ownership varies, with some sources indicating around 1% to 12.93% held by insiders and 0% to 20.84% by retail investors. Notable individual/insider shareholders include Adage Capital Partners GP LLC and Louie E. Trust Roche.