Inventive Planning lifted its place in Hubbell Integrated (NYSE:HUBB – Free Report) by 19.3% throughout the third quarter, Holdings Channel.com stories. The fund owned 4,144 shares of the commercial merchandise firm’s inventory after buying an extra 671 shares throughout the interval. Inventive Planning’s holdings in Hubbell have been value $1,775,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
A number of different hedge funds have additionally lately made adjustments to their positions in HUBB. Wealth Enhancement Advisory Providers LLC elevated its place in shares of Hubbell by 7.2% within the 1st quarter. Wealth Enhancement Advisory Providers LLC now owns 3,176 shares of the commercial merchandise firm’s inventory valued at $1,318,000 after buying an extra 212 shares throughout the interval. Hennion & Walsh Asset Administration Inc. boosted its holdings in Hubbell by 28.7% within the first quarter. Hennion & Walsh Asset Administration Inc. now owns 1,597 shares of the commercial merchandise firm’s inventory valued at $663,000 after buying an extra 356 shares over the past quarter. Diversified Belief Co boosted its holdings in Hubbell by 56.2% within the first quarter. Diversified Belief Co now owns 1,417 shares of the commercial merchandise firm’s inventory valued at $588,000 after buying an extra 510 shares over the past quarter. Vaughan Nelson Funding Administration L.P. boosted its holdings in Hubbell by 81.0% within the first quarter. Vaughan Nelson Funding Administration L.P. now owns 54,365 shares of the commercial merchandise firm’s inventory valued at $22,565,000 after buying an extra 24,321 shares over the past quarter. Lastly, Allspring World Investments Holdings LLC boosted its holdings in Hubbell by 8.4% within the first quarter. Allspring World Investments Holdings LLC now owns 4,437 shares of the commercial merchandise firm’s inventory valued at $1,842,000 after buying an extra 345 shares over the past quarter. 88.16% of the inventory is owned by institutional buyers and hedge funds.
Insider Transactions at Hubbell
In different information, Director Carlos M. Cardoso bought 450 shares of the agency’s inventory in a transaction that occurred on Tuesday, August sixth. The shares have been bought at a mean worth of $364.54, for a complete transaction of $164,043.00. Following the completion of the sale, the director now owns 1,670 shares within the firm, valued at $608,781.80. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a submitting with the Securities & Change Fee, which is on the market at this hyperlink. In different information, Director Carlos M. Cardoso bought 450 shares of the agency’s inventory in a transaction that occurred on Tuesday, August sixth. The shares have been bought at a mean worth of $364.54, for a complete transaction of $164,043.00. Following the completion of the sale, the director now owns 1,670 shares within the firm, valued at $608,781.80. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a submitting with the Securities & Change Fee, which is on the market at this hyperlink. Additionally, CEO Gerben Bakker bought 15,677 shares of the agency’s inventory in a transaction that occurred on Friday, August ninth. The inventory was bought at a mean worth of $374.34, for a complete transaction of $5,868,528.18. Following the sale, the chief government officer now owns 66,415 shares of the corporate’s inventory, valued at $24,861,791.10. This represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Insiders personal 0.66% of the corporate’s inventory.
Hubbell Inventory Up 1.2 %
HUBB inventory opened at $449.67 on Tuesday. The corporate has a market cap of $24.14 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 1.66 and a beta of 0.90. The corporate has a present ratio of 1.81, a fast ratio of 1.13 and a debt-to-equity ratio of 0.62. Hubbell Integrated has a 12 month low of $248.37 and a 12 month excessive of $461.77. The agency has a 50-day transferring common of $415.95 and a two-hundred day transferring common of $394.58.
Hubbell (NYSE:HUBB – Get Free Report) final launched its quarterly earnings information on Tuesday, July thirtieth. The commercial merchandise firm reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.24 by $0.13. The corporate had income of $1.45 billion throughout the quarter, in comparison with the consensus estimate of $1.48 billion. Hubbell had a web margin of 13.14% and a return on fairness of 28.98%. Hubbell’s quarterly income was up 6.3% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the agency earned $4.07 EPS. As a gaggle, analysts forecast that Hubbell Integrated will submit 16.43 earnings per share for the present fiscal 12 months.
Hubbell Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which can be paid on Monday, December sixteenth. Shareholders of document on Friday, November twenty ninth can be issued a $1.32 dividend. This is a rise from Hubbell’s earlier quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, November twenty ninth. This represents a $5.28 dividend on an annualized foundation and a yield of 1.17%. Hubbell’s dividend payout ratio is presently 36.39%.
Analysts Set New Value Targets
HUBB has been the subject of a number of current analysis stories. Stephens reaffirmed an “obese” ranking and issued a $450.00 worth goal on shares of Hubbell in a report on Friday, August 2nd. Mizuho upped their worth goal on shares of Hubbell from $450.00 to $490.00 and gave the corporate an “outperform” ranking in a report on Thursday, October seventeenth. Morgan Stanley initiated protection on shares of Hubbell in a report on Friday, September sixth. They issued an “equal weight” ranking and a $407.00 worth goal on the inventory. JPMorgan Chase & Co. lowered shares of Hubbell from an “obese” ranking to a “impartial” ranking and upped their worth goal for the corporate from $385.00 to $454.00 in a report on Thursday, October tenth. Lastly, Wells Fargo & Firm elevated their goal worth on shares of Hubbell from $400.00 to $445.00 and gave the inventory an “equal weight” ranking in a analysis word on Monday, October seventh. 5 funding analysts have rated the inventory with a maintain ranking and 5 have given a purchase ranking to the corporate. In response to MarketBeat, the corporate has a consensus ranking of “Reasonable Purchase” and a consensus worth goal of $428.13.
Learn Our Newest Inventory Evaluation on Hubbell
Hubbell Firm Profile
Hubbell Integrated, along with its subsidiaries, designs, manufactures, and sells electrical and utility options in the USA and internationally. It operates by two segments, Electrical Options and Utility Options. The Electrical Answer phase provides commonplace and particular software wiring gadget merchandise, rough-in electrical merchandise, connector and grounding merchandise, lights, and different electrical gear to be used in industrial, industrial, and institutional services by electrical contractors, upkeep personnel, electricians, utilities, and telecommunications firms, in addition to parts and assemblies.
Additional Studying
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