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Hubbell Inc. - HUBB STOCK NEWS

Welcome to our dedicated news page for Hubbell (Ticker: HUBB), a resource for investors and traders seeking the latest updates and insights on Hubbell.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hubbell's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hubbell's position in the market.

News
Hubbell Incorporated Declares Regular Quarterly Dividend
Rhea-AI Summary
<p>Hubbell Incorporated, a leading manufacturer of utility and electrical solutions, declared a regular quarterly dividend of $1.22 per share on its common stock. The dividend will be paid on June 17, 2024, to shareholders of record on May 31, 2024. With 2023 revenues of $5.4 billion, Hubbell plays a vital role in energizing economies and electrifying communities.</p>
Rhea-AI Impact
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End-of-Day
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dividends
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Hubbell to Announce First Quarter 2024 Results on April 30, 2024
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) will announce its first quarter 2024 financial results on April 30, 2024. The company will hold an Analysts' Conference Call at 10:00 AM ET to discuss the results. Hubbell is a leading manufacturer of utility and electrical solutions with 2023 revenues of $5.4 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
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earnings
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Hubbell Incorporated Recognized as One of the 2024 World's Most Ethical Companies®
Rhea-AI Summary
Hubbell Incorporated has been recognized as one of the 2024 World's Most Ethical Companies® by Ethisphere, marking the fourth consecutive year of this achievement. The company's Chairman, President, and CEO expressed gratitude for the honor, emphasizing Hubbell's strong culture of integrity. The recognition highlights the dedication of organizations like Hubbell to continually enhance ethics, compliance, and governance practices for the benefit of all stakeholders. The assessment process involved a rigorous review based on Ethisphere's Ethics Quotient®, evaluating various aspects of ethics, ESG practices, compliance programs, diversity, equity, and inclusion initiatives. Hubbell was among 136 honorees from 20 countries and 44 industries, showcasing its commitment to ethical business practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Hubbell to Host Investor Conference
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) will host an investor conference on June 4, 2024, to provide an overview of the business and discuss the Company's outlook with institutional investors and security analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
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conferences
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News
Kingswood Capital Management Acquires Progress Lighting, Marking a Significant Milestone in the Brand's 117-Year History
Rhea-AI Summary
Kingswood Capital Management acquires Progress Lighting from Hubbell Incorporated, forming a partnership with existing management. Progress Lighting focuses on residential and light commercial decorative lighting solutions. The acquisition aims to enhance the company's focus, agility, and customer service. Kingswood plans to invest in the business for continued growth in the residential lighting sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
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acquisition
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Hubbell Completes Sale of Residential Lighting Business
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) completes the sale of its Residential Lighting business to Kingswood Capital Management, LP, focusing on indoor and outdoor lighting solutions for the residential market.
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Hubbell Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) reported strong Q4 2023 and full-year results, with Q4 net sales from continuing operations up 10% and organic sales up 8%. The company delivered over 40% operating profit and earnings growth for shareholders in FY 2023. Hubbell anticipates 2024 GAAP diluted EPS from continuing operations in the range of $14.40 to $14.90 and adjusted diluted EPS from continuing operations in the range of $16.00 to $16.50.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
earnings
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Hubbell Incorporated Declares Regular Quarterly Dividend
Rhea-AI Summary
Hubbell Incorporated (NYSE:HUBB) has declared a regular quarterly dividend of $1.22 per share on the Company’s common stock, to be paid on March 15, 2024. With 2022 revenues of $4.9 billion, Hubbell is a leading manufacturer of utility and electrical solutions, energizing economies and electrifying communities. The corporate headquarters is located in Shelton, CT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
dividends
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News
Hubbell to Announce Fourth Quarter 2023 Results on January 30, 2024
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) announced the release of its fourth quarter 2023 financial results on January 30, 2024. The company will webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. Hubbell is a leading manufacturer of utility and electrical solutions with 2022 revenues of $4.9 billion, headquartered in Shelton, CT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
earnings
News
Hubbell Announces Sale of Residential Lighting Business
Rhea-AI Summary
Hubbell Incorporated (NYSE: HUBB) has announced the sale of its Residential Lighting business to Kingswood Capital Management, LP for $131 million. The business is expected to generate approximately $190 million in sales in 2023. The transaction reflects the company's strategy to focus on grid modernization and electrification megatrends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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Stock HUBB logo
Hubbell Inc.

NYSE:HUBB

HUBB Rankings

#480 Ranked by Market Cap
#970 Ranked by Stock Gains
#1734 Ranked by Dividends

HUBB Stock Data

21.57B
53.39M
0.35%
89.98%
1.8%
Current-Carrying Wiring Device Manufacturing
Manufacturing
Link
US
Shelton

About HUBB

hubbell incorporated is an international manufacturer of quality electrical and electronic products for a broad range of residential and non-residential construction, industrial and utility applications. with 2019 revenues of $4.6 billion, hubbell incorporated operates manufacturing facilities in the united states and around the world. the corporate headquarters is located in shelton, ct.