Hubbell

Hubbell Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Mr. Bakker concluded, “Our third quarter performance reflects continued execution off of a strong first half in 2023.

Key Points: 
  • Mr. Bakker concluded, “Our third quarter performance reflects continued execution off of a strong first half in 2023.
  • The comments and year-over-year comparisons in this segment review are based on third quarter results in 2023 and 2022.
  • Utility Solutions segment net sales in the third quarter of 2023 increased 8% to $838 million compared to $775 million reported in the third quarter of 2022.
  • Hubbell will conduct an earnings conference call to discuss its third quarter 2023 financial results today, October 31, 2023 at 10:00 a.m.

Hubbell Incorporated Declares 9% Dividend Increase

Retrieved on: 
Friday, October 27, 2023

Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate.

Key Points: 
  • Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate.
  • The dividend will be paid on December 15, 2023 to shareholders of record on November 30, 2023.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently.
  • With 2022 revenues of $4.9 billion, Hubbell solutions electrify economies and energize communities.

Hubbell to Announce Third Quarter 2023 Results on October 31, 2023

Retrieved on: 
Tuesday, October 17, 2023

Shelton, CT, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2023 financial results prior to the opening of the market on October 31, 2023.

Key Points: 
  • Shelton, CT, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2023 financial results prior to the opening of the market on October 31, 2023.
  • The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET.
  • The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently.

Lululemon Athletica & Hubbell Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Retrieved on: 
Friday, October 13, 2023

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on Wednesday, October 18:

Key Points: 
  • NEW YORK, Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on Wednesday, October 18:
    Lululemon Athletica Inc. (NASD:LULU) will replace Activision Blizzard Inc. (NASD:ATVI) in the S&P 500.
  • S&P 500 and S&P 100 constituent Microsoft Corp. (NASD: MSFT) acquired Activision Blizzard in a transaction completed today, October 13.
  • S&P MidCap 400 constituent Hubbell Inc. (NYSE:HUBB) will replace Organon & Co. (NYSE:OGN) in the S&P 500, S&P SmallCap 600 constituent Onto Innovation Inc. (NYSE:ONTO) will replace Hubbell in the S&P MidCap 400, and Organon & Co will replace Onto Innovation in the S&P SmallCap 600.
  • Hubbell is more representative of the large-cap market space, Onto Innovation is more representative of the mid-cap market space, and Organon & Co is more representative of the small-cap market space.

Hubbell Incorporated to Present at Morgan Stanley Conference

Retrieved on: 
Thursday, September 7, 2023

Shelton, CT, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman, President and Chief Executive Officer, will appear at the Morgan Stanley annual Laguna Conference.

Key Points: 
  • Shelton, CT, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman, President and Chief Executive Officer, will appear at the Morgan Stanley annual Laguna Conference.
  • The event will be webcast and is scheduled to begin at 10:30AM PT on Thursday, September 14, 2022.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently.
  • With 2022 revenues of $4.9 billion, Hubbell solutions energize and electrify communities in front of and behind the meter.

Global Cable Tray Market Expected to Reach $3.8 Billion by 2028, Fueled by Robust 7.2% CAGR

Retrieved on: 
Wednesday, September 13, 2023

List of Cable Tray Companies:

Key Points: 
  • List of Cable Tray Companies:
    Major players in the cable tray market are committed to delivering high-quality products.
  • Features of the Cable Tray Market:
    Trend and Forecast Analysis: Examination of market trends (2017-2022) and forecasts (2023-2028) for various segments and regions.
  • Segmentation Analysis: Cable tray market size analysis for various segments, including product type, material type, end use industry, and region.
  • Regional Analysis: Breakdown of the cable tray market by North America, Europe, Asia Pacific, and the Rest of the World.

Current Expands Bell & McCoy Representation to Include the HLI Brands Lighting and Controls Portfolio and GLI Roadway Portfolio

Retrieved on: 
Thursday, August 31, 2023

Current™ has chosen Bell & McCoy Lighting and Controls as its representative in the Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Western Tennessee, and Alabama-Florida-Mississippi Panhandle markets for the HLI Brands and GLI Roadway Portfolios (GLI Roadway Portfolio excluded from Alabama-Florida).

Key Points: 
  • Current™ has chosen Bell & McCoy Lighting and Controls as its representative in the Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Western Tennessee, and Alabama-Florida-Mississippi Panhandle markets for the HLI Brands and GLI Roadway Portfolios (GLI Roadway Portfolio excluded from Alabama-Florida).
  • Effective September 1, 2023, this partnership expands upon Bell & McCoy’s existing representation of Current’s GLI Brands Portfolio in Texas and Oklahoma.
  • “Their representation of the HLI Brands Portfolio will delight the customers and we are excited about the expanded partnership,” Taylor said.
  • Joining the forces of our independent brands with Current enables us to take best-in-class Indoor Lighting, Outdoor Lighting and Lighting Controls to the market.

ConnectDER Expands Leadership Team, Appointing Brian Saucier as Vice President of Engineering and David Wang as Vice President of Supply Chain Operations

Retrieved on: 
Wednesday, August 23, 2023

PHILADELPHIA, Aug. 23, 2023 /PRNewswire/ -- ConnectDER , the company that provides quick connection adapters for solar and other distributed energy resources (DER), announced today the appointment of two vice presidents to its leadership team, Brian Saucier as Vice President of Engineering, and David Wang as Vice President of Supply Chain Operations.

Key Points: 
  • PHILADELPHIA, Aug. 23, 2023 /PRNewswire/ -- ConnectDER , the company that provides quick connection adapters for solar and other distributed energy resources (DER), announced today the appointment of two vice presidents to its leadership team, Brian Saucier as Vice President of Engineering, and David Wang as Vice President of Supply Chain Operations.
  • Combined, Saucier and Wang bring decades of leadership, energy, product and technology experience to ConnectDER's growing team.
  • Most recently Wang acted as vice president of operations at Tasso Inc., where he architectured company growth and operational strategy, building relationships with key suppliers and manufacturers.
  • "David and Brian bring over 40 years of engineering and supply chain experience to help ConnectDER meet the demand for increased access to DERs.

Hubbell Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, July 25, 2023

The comments and year-over-year comparisons in this segment review are based on second quarter results in 2023 and 2022.

Key Points: 
  • The comments and year-over-year comparisons in this segment review are based on second quarter results in 2023 and 2022.
  • Utility Solutions segment net sales in the second quarter of 2023 increased 14% to $831 million compared to $729 million reported in the second quarter of 2022.
  • Electrical Solutions segment net sales in the second quarter of 2023 increased 1% to $535 million compared to the second quarter of 2022.
  • Hubbell will conduct an earnings conference call to discuss its second quarter 2023 financial results today, July 25, 2023 at 10:00 a.m.

Hubbell Incorporated Declares Regular Quarterly Dividend

Retrieved on: 
Friday, July 21, 2023

Shelton, CT, July 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock.

Key Points: 
  • Shelton, CT, July 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today 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.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently.
  • With 2022 revenues of $4.9 billion, Hubbell solutions energize and electrify communities in front of and behind the meter.