Summary
HUBB Chart
Hubbell to Participate in Upcoming Investor Conference
Shelton, CT, May 14, 2025 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Bill Sperry, Chief Financial Officer, will appear at the Wolfe Global Transportation and Industrials Conference. The event will be webcast and is scheduled to begin at 4:35PM ET on Wednesday, May 21, 2025.
Hubbell: AI Demand Is Healthy For HUBB (Rating Upgrade)
Upgraded Hubbell from hold to buy due to early signs of demand recovery, especially in Grid Infrastructure and HES segments, driven by AI tailwinds. 1Q25 results showed mixed performance: HES grew 4.8% organically with margin expansion, while HUS saw a 3.6% decline, and Grid Infrastructure grew 1.5%. Management expects AI-driven datacenter demand to boost grid infrastructure investments, with reaffirmed FY25 guidance and anticipated sequential improvement in 2Q25.
Hubbell: Growth Drivers Are Firmly In Place
Hubbell offers long-term growth potential with strong U.S.-centric operations, driven by data center expansion and industrial reshoring. Despite short-term headwinds like cost inflation and a dip in utility segment revenues, management remains confident in its growth outlook. The company maintains a solid balance sheet, a steadily growing dividend, and stable earnings growth expectations, making it fundamentally sound.
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Hubbell Inc. Profile
| Electrical Equipment & Parts Industry | Industrials Sector | Mr. Gerben W. Bakker CEO | NYSE Exchange | US4435106079 ISIN |
| United States Country | 18,000 Employees | 28 Feb 2025 Last Dividend | 12 Aug 1996 Last Split | 24 Dec 2015 IPO Date |
Overview
Hubbell Incorporated, established in 1888 and based in Shelton, Connecticut, operates globally, offering a wide array of electrical and utility solutions. The company's operations are grouped into two main segments: Electrical Solutions and Utility Solutions. Through its expansive product range, Hubbell caters to the needs of industrial, commercial, and institutional facilities. It also serves electrical contractors, maintenance personnel, electricians, utilities, telecommunications companies, and a variety of other industrial markets, including the oil and gas and mining sectors. Hubbell's products are distributed through a comprehensive network, including electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and internet sites, ensuring widespread availability.
Products and Services
- Electrical Solution Segment:
This segment provides a vast selection of products and services tailored for use in industrial, commercial, and institutional facilities. Offerings include standard and special application wiring device products, rough-in electrical products, connector and grounding products, and lighting fixtures. Additionally, this segment designs and manufactures industrial controls and communication systems for non-residential and industrial markets, along with specialized products for the oil and gas and mining industries. Products are mainly distributed through electrical and industrial distributors, home centers, and other outlets.
- Utility Solution Segment:
Geared towards electrical distribution, transmission, substation, and telecommunications, this segment offers products such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches. It also provides utility infrastructure products like smart meters, communications systems, and protection and control devices. These critical components support the infrastructure needs of the utility industry and are distributed primarily through various distributor channels.
Contact Information
