<div id="readability-page-1"><p>Profund Advisors LLC acquired a new position in shares of  Hubbell Inc (NYSE:HUBB - Free Report) in the 2nd quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund acquired 756 shares of the industrial products company's stock, valued at approximately $309,000.</p><ul><li>3 Sustainable Stocks Benefiting From the AI Energy Surge</li></ul><p>Other hedge funds have also recently made changes to their positions in the company. Nuveen LLC acquired a new stake in  Hubbell during the 1st quarter worth about $213,283,000.  Adage Capital Partners GP L.L.C. raised its stake in shares of  Hubbell by 181.6% in the first quarter. Adage Capital Partners GP L.L.C. now owns 975,196 shares of the industrial products company's stock worth $322,702,000 after purchasing an additional 628,886 shares during the last quarter.  Mirova US LLC acquired a new stake in shares of  Hubbell during the second quarter worth about $139,386,000.  Deutsche Bank AG boosted its position in  Hubbell by 35.1% in the first quarter. Deutsche Bank AG now owns 1,104,085 shares of the industrial products company's stock valued at $365,353,000 after buying an additional 287,047 shares during the last quarter.  Finally, Parnassus Investments LLC acquired a new position in  Hubbell in the 1st quarter worth approximately $57,432,000. 88.16% of the stock is owned by institutional investors and hedge funds. </p><h2>Hubbell Trading Down 1.3%</h2><p>HUBB stock opened at $431.97 on Friday. Hubbell Inc has a 52-week low of $299.42 and a 52-week high of $484.26. The company has a quick ratio of 0.76, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. The firm has a market cap of $22.96 billion, a P/E ratio of 26.80, a PEG ratio of 2.60 and a beta of 1.00. The company's 50-day simple moving average is $437.81 and its 200-day simple moving average is $418.10. </p><ul><li>Hubbell, Rockwell stocks set to benefit from electrification boom</li></ul><p>Hubbell (NYSE:HUBB - Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $5.17 earnings per share for the quarter, topping analysts' consensus estimates of $4.98 by $0.19. The company had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.54 billion. Hubbell had a return on equity of 27.68% and a net margin of 15.24%.Hubbell's quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.49 EPS.  Hubbell has set its FY 2025 guidance at 18.100-18.30 EPS. As a group, equities analysts forecast that  Hubbell Inc will post 17.63 EPS for the current fiscal year. </p><h2>Hubbell Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $1.42 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $5.68 dividend on an annualized basis and a yield of 1.3%. This is an increase from Hubbell's previous quarterly dividend of $1.32. Hubbell's dividend payout ratio  is 35.24%. </p><h2>Insiders Place Their Bets</h2><ul><li>2 little known AI stocks are up more than 200% this year </li></ul><p>In other Hubbell news, insider Alyssa R. Flynn sold 2,011 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $470.32, for a total transaction of $945,813.52. Following the transaction, the insider directly owned 3,243 shares of the company's stock, valued at $1,525,247.76. This trade represents a 38.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Eugene Mikes sold 2,470 shares of the business's stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $466.50, for a total transaction of $1,152,255.00. Following the sale, the insider directly owned 4,785 shares of the company's stock, valued at $2,232,202.50. This represents a 34.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.76% of the stock is currently owned by company insiders. </p><h2>Analyst Ratings Changes</h2><p>Several analysts have commented on the stock. JPMorgan Chase &amp; Co. lifted their price objective on shares of Hubbell from $417.00 to $458.00 and gave the company a &#34;neutral&#34; rating in a research note on Wednesday, October 15th. Stephens  reissued an &#34;overweight&#34; rating and set a $500.00 target price on shares of Hubbell in a report on Thursday, September 11th. Wall Street Zen raised shares of Hubbell from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a report on Sunday, November 2nd. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Hubbell in a research note on Wednesday, October 8th. Finally, Barclays boosted their price objective on Hubbell from $431.00 to $456.00 and gave the company an &#34;equal weight&#34; rating in a report on Wednesday, October 29th. Four equities research analysts have rated the stock with a Buy rating and three have assigned  a Hold rating to the company. According to MarketBeat.com, Hubbell  has an average rating of &#34;Moderate Buy&#34; and an average target price of $477.83.</p><p><b>View Our Latest Stock Analysis on HUBB</b></p><h2>Hubbell Profile</h2> (Free Report)<p>Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies.</p><h2>See Also</h2><ul><li>Five stocks we like better than Hubbell</li><li>How to trade using analyst ratings</li><li>Are These 3 Oversold Tech Giants Ready to Rebound?</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>If You Wait for the Dip,  Micron Technology Could Leave You Behind</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>3 Stocks Quietly Powering the AI and Tech Revolution</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhVQkI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhVQkI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Hubbell Right Now?</h2><p>Before you consider Hubbell, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hubbell wasn't on the list.</p><p>While Hubbell currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HUBB

<p>Profund Advisors LLC acquired 756 shares of Hubbell Inc in Q2, valued at $309,000. Other hedge funds, including Nuveen LLC and Adage Capital Partners, have also increased their stakes. Hubbell's stock opened at $431.97, with a 52-week range of $299.42 to $484.26. The company reported Q3 earnings of $5.17 per share, surpassing estimates. Hubbell increased its quarterly dividend to $1.42, payable on December 15th. Insider trading activities were reported, with significant stock sales by company insiders.</p>

Profund Advisors LLC Makes New Investment in Hubbell Inc $HUBB