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Hubbell B ( (HUBB) ) has provided an announcement.
On October 1, 2025, Hubbell completed the acquisition of DMC Power, a company specializing in connectors and tooling for utility substation and transmission markets. The acquisition was financed through a $600 million unsecured term loan agreement with a syndicate of lenders, including JPMorgan Chase Bank, N.A. This strategic move is expected to strengthen Hubbell’s position in the high voltage power infrastructure sector, expanding its capabilities with DMC Power’s expertise and manufacturing facilities in Carson, CA, and Olive Branch, MS.
The most recent analyst rating on (HUBB) stock is a Hold with a $431.00 price target. To see the full list of analyst forecasts on Hubbell B stock, see the HUBB Stock Forecast page.
Spark’s Take on HUBB Stock
According to Spark, TipRanks’ AI Analyst, HUBB is a Outperform.
Hubbell B’s strong financial performance and positive earnings call are the most significant factors driving the score. The stock’s technical indicators show a strong upward trend, although valuation metrics suggest it is relatively expensive. Recent corporate events further bolster the company’s strategic position.
To see Spark’s full report on HUBB stock, click here.
More about Hubbell B
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions that enable customers to operate critical infrastructure safely, reliably, and efficiently. With 2024 revenues of $5.6 billion, Hubbell’s solutions electrify economies and energize communities. The company is headquartered in Shelton, CT.
Average Trading Volume: 518,379
Technical Sentiment Signal: Strong Buy
Current Market Cap: $22.66B
For detailed information about HUBB stock, go to TipRanks’ Stock Analysis page.