Annuncio • May 06
Hubbell Incorporated (NYSE:HUBB) entered into a definitive agreement to acquire NSI Industries, LLC from Sentinel Capital Partners, L.L.C. for $3 billion. Hubbell Incorporated (NYSE:HUBB) entered into a definitive agreement to acquire NSI Industries, LLC from Sentinel Capital Partners, L.L.C. for $3 billion on May 4, 2026. Hubbell plans to finance the transaction with a combination of cash on hand and debt and has obtained fully committed bridge financing from JPMorgan Chase Bank, N.A., Bank of America, N.A., and HSBC Bank USA, N.A. subject to the agreed-upon terms and conditions among the foregoing parties and Hubbell. The transaction will be funded with $2.8 billion of senior unsecured bridge loans.
The transaction reflects TEV/EBITDA multiple of 15.5x. NSI anticipates 2026 revenue of approximately $570 million. Hubbell expects the acquisition to be accretive to adjusted EPS in 2026.
The transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approval, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The transaction is anticipated to close in mid-2026.
Harris Williams LLC acted as financial advisor for Hubbell Incorporated. Joshua Cammaker, John Robinson, and Nathaniel Ludewig of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Hubbell Incorporated. Lincoln International LLC acted as financial advisor for Sentinel Capital Partners, L.L.C. and NSI Industries, LLC. Drew Grabel, Andrew Arons, P.C., and Oliver Yee of Kirkland & Ellis LLP acted as legal advisor for Sentinel Capital Partners, L.L.C. and NSI Industries, LLC. Declared Dividend • May 03
First quarter dividend of US$1.42 announced Shareholders will receive a dividend of US$1.42. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 03
Hubbell Incorporated Revises Earnings Guidance for the Year 2026 Hubbell Incorporated revised earnings guidance for the year 2026. For the full year 2026, the company anticipates total sales growth of 8%-11% including organic sales growth of 6%-9%. The company raised 2026 GAAP diluted earnings per share in the range of $17.45 to $18.00. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: US$3.42 (vs US$3.04 in 1Q 2025) First quarter 2026 results: EPS: US$3.42 (up from US$3.04 in 1Q 2025). Revenue: US$1.52b (up 11% from 1Q 2025). Net income: US$181.8m (up 12% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Electrical industry. Annuncio • Apr 25
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on June 15, 2026 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.42 per share on the Company’s common stock. The dividend will be paid on June 15, 2026 to shareholders of record on May 29, 2026. Annuncio • Apr 18
Hubbell Demonstrates Next-Generation Grid Modernization Solutions At IEEE PES T&D 2026 Hubbell Incorporated highlighted how it creates critical infrastructure solutions that electrify and energize communities at the IEEE PES T&D Conference & Expo, May 4–7, 2026, in Chicago. At the event, Hubbell showcased an integrated portfolio of transmission and distribution solutions designed to support utilities across the full range of voltage classes and applications—from distribution automation to ultra-high-voltage (UHV) transmission. The company's system-level approach helps utilities plan, build, and operate resilient power networks while delivering reliability, safety, and performance. Hubbell partners with utilities to deliver engineered-to-order solutions designed specifically for the unique electrical, mechanical, and environmental challenges of ultra-high frequency, 765 kV applications. The 765 kV-ready portfolio spans transmission and substation components—including arresters, switches, and TowerPak kits that combine hardware assemblies, connectors, and insulators into a single, integrated solution to maximize system performance. Hubbell's 765 kV, UHV arresters and switches allow utilities to manage extreme voltage levels as well as high-frequency electrical phenomena like corona and radio-influence voltage that become more pronounced as voltages increase. Hubbell welcomed its newest acquisition, DMC Power, to the conference, with its products highlighting advanced high-voltage connectors and tooling solutions that enhance Hubbell's ability to serve transmission and distribution customers. The addition of DMC Power strengthens Hubbell's end-to-end capabilities across a broad range of utility applications. In addition to its transmission offerings, Hubbell featured solutions designed to improve distribution reliability, safety, and operational efficiency, including LineDefender single-phase recloser — a safety-forward design that remains in the cutout after lockout and can be reset from the ground, reducing arc-flash exposure and supporting safer line-worker operations. Maintenance-free construction, clear visual fault indicators, and advanced communications help utilities restore power faster. A new SCADA-ready module for the recloser communicates device state, fault events, and operational data directly to system operators, rather than relying solely on field inspection. Motor-operated air-insulated switchgear — a pad-mounted, medium-voltage solution that integrates with SCADA systems to enable remote operation, automated switching, and improved fault visibility across underground distribution networks. Annuncio • Apr 13
Hubbell Incorporated to Report Q1, 2026 Results on Apr 30, 2026 Hubbell Incorporated announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Annuncio • Mar 24
Hubbell Incorporated, Annual General Meeting, May 05, 2026 Hubbell Incorporated, Annual General Meeting, May 05, 2026. Location: hubbell incorporated, 40 waterview drive, shelton, ct 06484, United States Annuncio • Feb 03
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2026 Hubbell Incorporated provided earnings guidance for the full year 2026. For the period, the company anticipates total sales growth of 7% to 9% including organic sales growth of 5% to 7%. The company expects GAAP diluted earnings per share in the range of $17.30 to $18.00. Annuncio • Jan 31
Hubbell Incorporated Declares Regular Quarterly Dividend Payable on March 16, 2026 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.42 per share on the Company’s common stock. The dividend will be paid on March 16, 2026 to shareholders of record on February 27, 2026. Annuncio • Jan 29
Hubbell Incorporated Showcases Grid Automation Breakthroughs At DTECH 2026 Hubbell Incorporated is set to introduce its newest advancements in grid automation and intelligent infrastructure at DTECH 2026, booth 3711. The company will highlight its long-established partnerships with utilities and its deep experience developing solutions shaped by real-world operational needs. The company will unveil its Aclara360 solution, a dynamic new software that unlocks the full potential of grid edge device data. The modular system from Hubbell's Aclara brand equips utilities to use advanced grid analytics to make quicker, smarter network decisions - all without the burden of major capital investment. The company will highlight the results of an extensive pilot program conducted with 36 utilities across North America. The pilot program validated the advantages of the LineDefender recloser in enabling utility personnel to do their jobs simply and safely. Annuncio • Jan 28
Hubbell Incorporated Launches Modular, Scalable Software That Transforms Utility Operations Hubbell Incorporated continues to define the future of utility operations with today's launch of Aclara360™?, a dynamic new software solution that unlocks the full potential of grid-edge device data. The modular system from its Aclara brand equips utilities to use advanced grid analytics to make quicker, smarter network decisions - all without major capital investment. Aclara360 software enhances visibility across the distribution network, allowing remote diagnostics and monitoring. It takes advantage of data from meters and grid-edge devices to identify voltage and phase imbalances, improve topology accuracy, accelerate fault localization, and improve asset performance. The software seamlessly integrates with utilities' current supervisory control and data acquisition (SCADA) solutions, distribution management systems (DMS), and advanced metering infrastructure (AMI), providing actionable insights that support faster troubleshooting and more informed operational decisions. Key Features & Benefits: Aclara360 provides deeper insights from existing grid-edge devices and endpoints, enabling measurable improvements in operations, reliability, and maintenance. Integration & Deployment: limits capital investment by using existing equipment and infrastructure; Consolidates operational data into one intuitive interface; Operational Efficiency: Corrects GIS model topology, reducing occurrence of problems like phase overloading; Accelerates fault localization and outage detection to lower system average interruption duration index (SAIDI) and system average interruption frequency index (SAIFI); Reduces the need for truck rolls by enabling remote diagnostics and ongoing monitoring; Reliability & Asset Optimization; Improves connectivity accuracy and identifies system imbalances to optimize asset utilization; Mitigates hazards by detecting equipment problems for quick maintenance and repair. Annuncio • Jan 14
Hubbell Incorporated to Report Q4, 2025 Results on Feb 03, 2026 Hubbell Incorporated announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026 Annuncio • Oct 28
Hubbell Incorporated Updates Earnings Guidance for the Year 2025 Hubbell Incorporated updated earnings guidance for the year 2025. For the full year 2025, the company is raising its diluted earnings per share (EPS) to $16.55 to $16.75. The company anticipates full year 2025 total sales growth and organic net sales growth of 3% to 4%. Annuncio • Oct 24
Hubbell Incorporated Declares 8% Dividend Increase, Payable on December 15, 2025 The Board of Directors of Hubbell Incorporated declared a 8% increase in its common stock dividend rate. The new annual payment of $5.68 per share, or $1.42 per quarter, compares to the former rate of $5.28 per share, or $1.32 per quarter. The dividend will be paid on December 15, 2025 to shareholders of record on November 28, 2025. Annuncio • Oct 14
Hubbell Incorporated to Report Q3, 2025 Results on Oct 28, 2025 Hubbell Incorporated announced that they will report Q3, 2025 results Pre-Market on Oct 28, 2025 Annuncio • Aug 30
Hubbell Incorporated Elects Edward H. Baine to the Board of Directors, Effective August 29, 2025 The Board of Directors of Hubbell Incorporated announced the election of Edward H. Baine as a Director of the company effective August 29, 2025. This addition to the Hubbell Board brings the total number of Directors to eleven, of which ten are independent.Mr. Baine, 51, is currently the executive vice president-Utility Operations and president-Dominion Energy Virginia at Dominion Energy. Mr. Baine has led Utility Operations consisting of Dominion Energy Virginia and Dominion Energy South Carolina, together serving more than four million customer accounts – since January 1, 2025, as president, and has led Dominion Energy Virginia as president since 2020. Dominion Energy Inc. (“Dominion Energy”) (NYSE: D), headquartered in Richmond, Va., provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. Mr. Baine began his career with Dominion Energy as an intern while a student at Virginia Polytechnic Institute and State University and joined the company full-time in 1995 as an associate engineer after earning a bachelor's degree in electrical engineering. In his thirty-plus year career with Dominion Energy, Mr. Baine has held numerous engineering, operational, and senior management positions. Mr. Baine completed the advanced management program at Duke University'sFuqua School of Business and is a registered professional engineer in Virginia. Mr. Baine also serves on the boards of various civic and business organizations. Annuncio • Aug 12
Hubbell Incorporated (NYSE:HUBB) entered into a definitive agreement to acquire DMC Power, Inc. from Golden Gate Capital and Tony Ward for approximately $830 million. Hubbell Incorporated (NYSE:HUBB) entered into a definitive agreement to acquire DMC Power, Inc. from Golden Gate Capital and Tony Ward for approximately $830 million on August 12, 2025. A cash consideration of $825 million will be paid by Hubbell Incorporated. As part of consideration, $825 million is paid towards common equity of DMC Power, Inc., subject to customary adjustments. Hubbell plans to finance the transaction with a combination of cash on hand and debt.
The transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. The transaction is anticipated to close by the end of 2025. Hubbell Incorporated expects the acquisition to be accretive to adjusted EPS in 2026.
Stephens Inc. acted as financial advisor for Hubbell Incorporated. Holland & Knight LLP acted as legal advisor for Hubbell Incorporated. Harris Williams LLC acted as financial advisor for Golden Gate Capital. Lincoln International LLC acted as financial advisor for Golden Gate Capital. Jeremy Veit of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for Golden Gate Capital. Annuncio • Jul 29
Hubbell Incorporated Provides Earnings Guidance for the Year 2025 Hubbell Incorporated provided earnings guidance for the year 2025. For the year,company raises diluted EPS outlook to $16.25 - $16.75; company anticipated full year total sales growth and organic net sales growth of 4%-6%. Annuncio • Jul 26
Hubbell Incorporated Reports Regular Quarterly Dividend, Payable on September 15, 2025 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.32 per share on the Company’s common stock. The dividend will be paid September 15, 2025 to shareholders of record on August 29, 2025. Annuncio • Jul 11
Hubbell Incorporated to Report Q2, 2025 Results on Jul 29, 2025 Hubbell Incorporated announced that they will report Q2, 2025 results Pre-Market on Jul 29, 2025 Annuncio • May 01
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2025 Hubbell Incorporated provided earnings guidance for the full year 2025. for the year, the company expects diluted earnings per share ("EPS") in the range of $15.95-$16.45 and organic net sales growth of 6-8%, inclusive of pricing actions in response to incremental cost inflation. Annuncio • Apr 25
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on June 16, 2025 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.32 per share on the Company’s common stock. The dividend will be paid June 16, 2025 to shareholders of record on May 30, 2025. Annuncio • Apr 12
Hubbell Incorporated to Report Q1, 2025 Results on May 01, 2025 Hubbell Incorporated announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 Annuncio • Mar 25
Hubbell Incorporated Introduces the Linedefender Advanced Lateral-Protection Recloser to Enhance Grid Reliability and Worker Safety Hubbell Incorporated announced the release of the LineDefender advanced lateral-protection recloser that helps significantly reduce sustained power outages, while setting a new standard for both line worker safety and operational efficiency. The recloser automatically detects and clears temporary faults, restoring power without crew deployment. When permanent faults occur, the device de-energizes the circuit and provides clear, visible indication through a semaphore and a flashing beacon, facilitating swift fault identification and restoration. After the fault source is cleared, the LineDefender recloser enables crews to safely restore power from the ground by toggling an easy-to-access yellow handle. Revolutionary safety features: The lateral-protection recloser offers operating handles and visual indicators that are familiar to line workers within a fused cutout that attaches to a single point mount bracket. Line workers can easily restore power from the ground by operating a yellow handle with a hot stick while the device stays securely latched in its original position. Secure latching of the device within the power fuse cutout prevents accidental dropout while also allowing for visible air-break that offer assurance of safe working conditions. A singular hot line trip mode feature provides best-in-class clearing time under lightly loaded or low fault current conditions for enhanced line worker safety. Streamlined operations: The recloser is a cost-effective solution because it is compatible with common overhead line construction envelopes and mountings and requires minimal maintenance. Visible indicators that are clear in most weather and lighting conditions provide faster fault identification. Balanced weight distribution and guided alignment allow line workers greater flexibility and safety when creating or closing visible air-breaks. Ease of connectivity with integrated local Wi-Fi/Bluetooth pairing and "plug-on" cellular SCADA module enhances communications. The LineDefender recloser works with the GridHUBB™ software platform, which enables utilities to configure, manage and control Hubbell intelligent grid devices through an intuitive user interface. GridHUBB software is compatible with Windows, iOS and Android platforms and provides advanced programming and reporting tools. Additionally, the software has embedded help and support features that enable easy training of utility personnel. Annuncio • Mar 18
Hubbell Incorporated, Annual General Meeting, May 06, 2025 Hubbell Incorporated, Annual General Meeting, May 06, 2025. Location: 40 waterview drive, shelton, ct 06484, United States Annuncio • Feb 05
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2025 Hubbell Incorporated provided earnings guidance for the full year 2025. For the full year 2025, the company anticipated total sales growth and organic sales growth of 4-5% and GAAP diluted earnings per share from continuing operations in the range of $16.00 to $16.50. Annuncio • Feb 01
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on March 17, 2025 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.32 per share on the Company’s common stock. The dividend will be paid March 17, 2025 to shareholders of record on February 28, 2025. Annuncio • Jan 15
Hubbell Incorporated to Report Q4, 2024 Results on Feb 04, 2025 Hubbell Incorporated announced that they will report Q4, 2024 results Pre-Market on Feb 04, 2025 Annuncio • Nov 20
Hubbell Incorporated Announces the Election of Garrick J. Rochow as a Director The Board of Directors of Hubbell Incorporated announced the election of Garrick J. Rochow as a Director of the company effective November 19, 2024. This addition to the Hubbell Board brings the total number of Directors to ten, of which nine are independent. Mr. Rochow is the President, Chief Executive Officer and a Director of CMS Energy Corporation (“CMS”) and Consumers Energy Company (“Consumers”), a subsidiary of CMS. CMS is an energy company operating primarily in Michigan and the parent holding company of several subsidiaries, including Consumers, an electric and gas utility, and NorthStar Clean Energy, primarily a domestic independent power producer and marketer. Prior to becoming CEO of CMS, Mr. Rochow held positions of increasing responsibility at CMS over his twenty (20) plus year career there, including as the executive vice president of operations, senior vice president of distribution and customer operations, vice president of customer experience, rates and regulation and quality and chief customer officer after serving as vice president of energy delivery. He has been a Director of CMS Energy and Consumers Energy since December 2020. Mr. Rochow graduated from Michigan Technological University with a bachelor's degree in environmental engineering and earned a master's degree in business administration from Western Michigan University. Mr. Rochow also serves on the boards of various other civic and business organizations. Annuncio • Oct 30
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2024 Hubbell Incorporated provided earnings guidance for the full year 2024. For the year, the company anticipates diluted earnings per share in the range of $14.20-$14.40. Hubbell anticipates full year 2024 total sales growth of approximately 6% and organic net sales growth of approximately 1%. Annuncio • Oct 25
Hubbell Incorporated Declares Quarterly Common Stock Dividend, Payable on December 16, 2024 The Board of Directors of Hubbell Incorporated declared a 8% increase in its common stock dividend rate. The new annual payment of $5.28 per share, or $1.32 per quarter, compares to the former rate of $4.88 per share, or $1.22 per quarter. The dividend will be paid on December 16, 2024 to shareholders of record on November 29, 2024. Annuncio • Oct 16
Hubbell Incorporated to Report Q3, 2024 Results on Oct 29, 2024 Hubbell Incorporated announced that they will report Q3, 2024 results Pre-Market on Oct 29, 2024 Annuncio • Aug 01
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2024 Hubbell Incorporated provided earnings guidance for the full year 2024. For the year, the company anticipates diluted earnings per share in the range of $14.30-$14.60. Hubbell anticipates total sales growth of 7%-8% and organic net sales growth of approximately 3%, as compared to full year 2023. Annuncio • Jul 26
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on September 16, 2024 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.22 per share on the Company’s common stock. The dividend will be paid September 16, 2024 to shareholders of record on August 30, 2024. Annuncio • Jul 17
Hubbell Incorporated to Report Q2, 2024 Results on Jul 30, 2024 Hubbell Incorporated announced that they will report Q2, 2024 results Pre-Market on Jul 30, 2024 Annuncio • Jun 05
Hubbell Incorporated Unveils New Brand Identity, Mission and Vision Hubbell Incorporated unveiled a new brand identity, mission and vision that embody the company's rich heritage of innovation and dedication to achieving a reliable, resilient and renewable energy infrastructure built on a backbone of Hubbell solutions. The evolution of the Hubbell brand reflects the company's continued growth and strategic alignment to energy megatrends, like grid modernization and electrification. A refreshed brand identity, featuring the company's signature color palette and updated enterprise logo, reflects Hubbell's history and dedicated mission to electrify economies and energize communities. Annuncio • May 03
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2024 Hubbell Incorporated provided earnings guidance for the full year 2024. For the period, the company anticipates diluted earnings per share in the range of $14.10-$14.60. The company anticipates full year 2024 total sales growth of 8-10% and organic net sales growth of 3-5%, as compared to full year 2023. Annuncio • Apr 27
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on June 17, 2024 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.22 per share on the Company’s common stock. The dividend will be paid June 17, 2024 to shareholders of record on May 31, 2024. Annuncio • Apr 17
Hubbell Incorporated to Report Q1, 2024 Results on Apr 30, 2024 Hubbell Incorporated announced that they will report Q1, 2024 results Pre-Market on Apr 30, 2024 Annuncio • Mar 26
Hubbell Incorporated, Annual General Meeting, May 07, 2024 Hubbell Incorporated, Annual General Meeting, May 07, 2024, at 09:00 Eastern Daylight. Location: Hubbell Incorporated, 40 Waterview Drive Shelton Connecticut United States Agenda: To consider election of 9 directors; to consider and approve, by an advisory vote, the compensation of the named executive officers; to consider ratify the selection of PricewaterhouseCoopers LLP as company independent registered public accounting firm for 2024; and to consider other business matters. New Risk • Feb 29
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 62% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (62% net debt to equity). Significant insider selling over the past 3 months (Mex$110m sold). Annuncio • Jan 31
Hubbell Incorporated Announces Retirement of John G. Russell as Board of Director Hubbell Incorporated announced on January 24, 2024, John G. Russell notified the company of his intention to retire and not stand for reelection upon the expiration of his term as a director at Hubbell’s 2024 Annual Meeting of Shareholders. Mr. Russell’s decision to not stand for reelection to the board of directors did not result from any disagreement with Hubbell. Annuncio • Jan 30
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2024 Hubbell Incorporated provided earnings guidance for the full year 2024. For the full year 2024, the company anticipated diluted earnings per share in the range of $14.40 to $14.90. The company anticipated total sales growth of 8-10% and organic sales growth of 3-5%. Annuncio • Jan 27
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on March 15, 2024 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.22 per share on the Company’s common stock. The dividend will be paid March 15, 2024 to shareholders of record on February 29, 2024. Annuncio • Jan 19
Hubbell Incorporated to Report Q4, 2023 Results on Jan 30, 2024 Hubbell Incorporated announced that they will report Q4, 2023 results Pre-Market on Jan 30, 2024 Annuncio • Nov 01
Hubbell Incorporated Provides Earnings Outlook for the Full Year 2023 Hubbell Incorporated provided earnings outlook for the full year 2023. For the period, the company anticipates diluted earnings per share from continuing operations in the range of $14.00-$14.25 total sales growth of approximately 8% and organic net sales growth of approximately 7%, as compared to full year 2022. Annuncio • Oct 28
Hubbell Incorporated Declares Quarterly Dividend, Payable on December 15, 2023 The Board of Directors of Hubbell Incorporated declared a 9% increase in its common stock dividend rate. The new annual payment of $4.88 per share, or $1.22 per quarter, compares to the former rate of $4.48 per share, or $1.12 per quarter. The dividend will be paid on December 15, 2023 to shareholders of record on November 30, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of US$1.12 per share at 1.5% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (6.2%). In line with average of industry peers (1.5%). Annuncio • Jul 26
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2023 Hubbell Incorporated provided earnings guidance for the full year 2023. For the year, company anticipates diluted earnings per share from continuing operations in the range of $13.75- $14.25, and total sales growth of 8-10% and organic net sales growth of 7-9%, as compared to full year 2022. Annuncio • Jul 23
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on September 15, 2023 Hubbell Incorporated declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on September 15, 2023 to shareholders of record on August 31, 2023. Annuncio • Jul 13
Hubbell Incorporated to Report Q2, 2023 Results on Jul 25, 2023 Hubbell Incorporated announced that they will report Q2, 2023 results Pre-Market on Jul 25, 2023 Annuncio • Jun 29
Hubbell Incorporated Elects Debra L. Dial as Director The Board of Directors of Hubbell Incorporated announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. Ms. Dial brings over 25 years of experience in financial reporting and strategy with a Fortune 20 global telecommunications company. Hubbell has added three new independent directors in the last three years as part of its ongoing Board succession program. Ms. Dial served as the Senior Vice President, Chief Accounting Officer and Controller of AT&T Inc. (“AT&T”), a global telecommunications company, where she recently retired on June 1, 2023. She served as Senior Vice President and Controller of AT&T since 2016. Prior to that, Ms. Dial served in various finance leadership roles at AT&T for twenty years. Prior to joining AT&T, Ms. Dial spent ten years at KPMG in its audit practice, where she held roles of increasing responsibility. Ms. Dial holds a BBA in Accounting from the University of Texas and is a certified public accountant. Ms. Dial also currently serves on the Board of Directors of Dow Inc. Annuncio • Jun 08
Hubbell Incorporated Announces Executive Changes, Effective July 1, 2023 Hubbell Incorporated announced that Allan Connolly, President of Hubbell Utility Solutions (HUS), will retire effective July 1, 2023. Greg Gumbs will serve as President of HUS upon Mr. Connolly’s retirement. The Company further announced the appointment of Mark Mikes as President of the Hubbell Electrical Solutions (HES) segment. The retirement of Mr. Connolly and the appointments of Mr. Gumbs and Mr. Mikes are effective July 1, 2023. Allan Connolly joined Hubbell in 2018 as a result of the Aclara acquisition and has served as President of HUS since 2019. Greg Gumbs succeeds Mr. Connolly as President of HUS with a proven track record of leadership and performance in the utility, electrical and automation industries. Mr. Gumbs has most recently been President and CEO - Bosch Rexroth North America since 2020, and prior to that held various senior leadership positions at Eaton Electrical and Rockwell Automation. Mark Mikes has been with Hubbell for over thirty years in various roles at Hubbell Power Systems (HPS), a division of HUS, which he has led for the last several years. Reported Earnings • Feb 02
Full year 2022 earnings released: EPS: US$9.49 (vs US$6.70 in FY 2021) Full year 2022 results: EPS: US$9.49 (up from US$6.70 in FY 2021). Revenue: US$4.95b (up 18% from FY 2021). Net income: US$511.3m (up 41% from FY 2021). Profit margin: 10% (up from 8.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Electrical industry. Annuncio • Feb 01
Hubbell Incorporated Provides Earnings Guidance for the Full Year 2023 Hubbell Incorporated provided earnings guidance for the full year 2023. For the full year 2023, the company anticipated diluted earnings per share in the range of $10.00 to $10.50. The company anticipated full year 2022 total sales growth of 5-7% and organic sales growth of 4-6%. Annuncio • Jan 28
Hubbell Incorporated Declares Regular Quarterly Dividend, Payable on March 15, 2023 The Board of Directors of Hubbell Incorporated declared a regular quarterly dividend of $1.12 per share on the Company's common stock. The dividend will be paid on March 15, 2023 to shareholders of record on February 28, 2023. Annuncio • Jan 18
Hubbell Incorporated to Report Q4, 2022 Results on Jan 31, 2023 Hubbell Incorporated announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 31, 2023 Upcoming Dividend • May 20
Upcoming dividend of US$1.05 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Mexican dividend payers (5.8%). Higher than average of industry peers (1.6%). Recent Insider Transactions • May 18
Independent Director recently sold Mex$2.9m worth of stock On the 16th of May, Carlos Cardoso sold around 749 shares on-market at roughly Mex$3,890 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$38m more than they bought in the last 12 months.