HUBB Hubbell Inc

Seaport Global has increased its price target for Hubbell (NYSE: HUBB) to $525 from $515, while reiterating a Buy rating on the stock. This adjustment reflects an updated outlook by the firm. The article also notes other recent analyst actions and company news for Hubbell, including earnings reports and other price target changes.

Hubbell Inc. (HUBB) may not be a trendy stock, but this electrical and utility infrastructure company is quietly performing well, driven by increased spending on grid reliability, renewable integration, and electrification. Despite not being a flashy investment, Hubbell offers steady, infrastructure-driven growth for long-term investors looking for a "boring" compounder with real economic moats. The article highlights that while its valuation is not cheap, it represents quality at a fair price in a high-demand sector.

Hubbell Inc (HUBB) is presented as a "quiet stock" in the electrical and utility infrastructure sector, contrasting with trending meme stocks. The article suggests that while it lacks social media hype, its steady growth, strong fundamentals, and exposure to long-term electrification and infrastructure themes make it a significant power play for astute investors. It highlights HUBB's potential as a core holding for those seeking infrastructure-driven growth and a stable compounder.

Mirova US LLC significantly increased its stake in Hubbell Inc. (NYSE:HUBB) by 42.2% in Q3, now holding 485,165 shares valued at $208.77 million. Hubbell reported strong Q3 EPS of $5.17, exceeding estimates, and raised its quarterly dividend to $1.42 per share. The company maintains an average analyst rating of "Moderate Buy" with a consensus target price of $488.43.

Hubbell (HUBB), a key player in the electrical products market, has shown strong financial performance, making it attractive to investors. The company's operating margin has risen by 7.6 percentage points over the last five years, and its EPS grew at an impressive 18.1% compounded annual growth rate. Additionally, Hubbell's free cash flow margin has expanded by 6.4 percentage points, highlighting its financial strength.

HM Payson & Co. significantly reduced its stake in Hubbell Inc. by 19.6% in Q3, selling over 37,000 shares and now holding 0.29% of the company's stock valued at $65.41 million. This comes as insider sales were also reported, with two executives selling shares in early November. Despite these sales, Hubbell demonstrated strong operational performance, beating Q3 EPS estimates, providing positive FY2025 guidance, and increasing its quarterly dividend.