Hubbell Incorporated (HUBB)

Over the past six months, Hubbell Inc. stock price has seen a -1.93% change. In Q4 2024, Hubbell reported strong earnings, announced a share repurchase program, and increased its dividend. In Q1 2025, Hubbell missed EPS and revenue forecasts, leading to a stock price drop, but noted growth in data centers and light industrial segments. Hubbell is scheduled to release its Q2 2025 financial results on July 29, 2025.

There is some seasonality to Hubbell's sales and earnings. The company's Q1 2025 earnings call mentioned that the first-quarter performance sets the company up for "normal ramped up seasonality" to support its full-year targets. Demand for Hubbell's products and services may fluctuate throughout the year, influenced by construction cycles, industrial activity, and utility infrastructure spending.

Hubbell Incorporated is a global manufacturer of electrical and electronic products, founded in 1888. The company operates in the Industrials sector, focusing on Electrical Equipment & Parts. Hubbell's business is divided into two segments: Utility Solutions, which contributed $3.51 billion to total net sales in fiscal year 2024, and Electrical Solutions, which contributed $2.29 billion. Hubbell's products are sold to various customers, enabling the operation of critical infrastructure.

Hubbell has a global presence with manufacturing facilities and assembly operations in numerous countries, including the United States, Canada, Puerto Rico, Mexico, China, the UK, Brazil, Australia, Spain, Ireland, and the Philippines. The company also participates in joint ventures in Hong Kong and Taiwan and has sales offices in Singapore, China, India, Mexico, South Korea, Chile, and countries in the Middle East. Approximately 90% of Hubbell's revenue is derived from its primary operations within the United States. As of 2023, Hubbell operated 25 production sites across the United States.

Hubbell maintains a strong brand reputation in electrical and industrial solutions, supported by its long operating history and market share. The company's commitment to quality is evidenced by its ISO 9001:2015 certification and investments in research and development. Hubbell launched a refreshed brand in 2024 and demonstrated a commitment to sustainability and community engagement. While the Q1 2025 earnings miss led to a stock price dip, the company's overall financial health was still rated "Great".

Hubbell has a mixed ownership structure, with institutional investors holding a significant portion of the company's stock. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc. Adage Capital Partners GP LLC is the largest individual shareholder. Retail investors hold approximately 24.18% of the stock, while insiders hold about 0.39%.