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Hubbell Inc (HUBB.N)

HUBB.N on New York Stock Exchange

119.65USD
20 Apr 2018
Change (% chg)

$-1.26 (-1.04%)
Prev Close
$120.91
Open
$121.30
Day's High
$121.30
Day's Low
$119.12
Volume
49,441
Avg. Vol
102,955
52-wk High
$147.28
52-wk Low
$109.45

Latest Key Developments (Source: Significant Developments)

Hubbell - Entered Term Loan Agreement Providing Ability To Borrow Up To $500 Mln On Unsecured Basis
Wednesday, 31 Jan 2018 07:46am EST 

Jan 31 (Reuters) - Hubbell Inc ::HUBBELL - ON JAN 31, CO ENTERED INTO TERM LOAN AGREEMENT WITH SYNDICATE OF LENDERS AND JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT.HUBBELL SAYS ‍TERM LOAN AGREEMENT PROVIDES CO ABILITY TO BORROW UP TO $500 MILLION ON UNSECURED BASIS - SEC FILING.HUBBELL - ON JAN 31, CO, UNITS ENTERED INTO 5-YEAR CREDIT AGREEMENT.HUBBELL INC - FIVE-YEAR CREDIT AGREEMENT PROVIDES $750 MILLION COMMITTED REVOLVING CREDIT FACILITY.HUBBELL INC - ‍COMMITMENTS UNDER REVOLVING CREDIT AGREEMENT MAY BE INCREASED TO AN AGGREGATE AMOUNT NOT TO EXCEED $1,250 MILLION​.HUBBELL - BORROWINGS UNDER ‍TERM LOAN AGREEMENT TO PARTIALLY FINANCE ACLARA DEAL, REPAYMENT OF SOME EXISTING INDEBTEDNESS OF ACLARA & ITS UNITS, OTHERS.  Full Article

Hubbell To Acquire Aclara Technologies For About $1.1 Bln
Tuesday, 26 Dec 2017 07:28am EST 

Dec 26 (Reuters) - Hubbell Inc ::SAYS ‍ENTERED DEAL TO ACQUIRE ACLARA TECHNOLOGIES FOR ABOUT $1.1 BILLION IN AN ALL-CASH TRANSACTION​.SAYS DEAL EXPECTED TO BE ACCRETIVE IN 2018 TO DILUTED EPS, EXCLUDING INTANGIBLE AMORTIZATION & DEAL RELATED COSTS, AND IN 2019 ON GAAP BASIS.SAYS OBTAINED FULLY COMMITTED BRIDGE FINANCING FROM J.P. MORGAN SECURITIES LLC, BOFA MERRILL LYNCH, AND HSBC SECURITIES (USA).  Full Article

Hubbell increases common stock dividend to $0.77/share
Friday, 20 Oct 2017 02:54pm EDT 

Oct 20 (Reuters) - Hubbell Inc ::Says ‍board approved increase in common stock dividend from $0.70 to $0.77/share per quarter; ​approved stock repurchase program of up to $400 million.  Full Article

Hubbell says entered into an underwriting agreement related to co's senior notes offering
Monday, 31 Jul 2017 05:56pm EDT 

July 31 (Reuters) - Hubbell Inc ::Hubbell Inc - on July 31, 2017, Hubbell Incorporated entered into an underwriting agreement - sec filing.Hubbell - underwriting agreement relating to company's public offering of $300 million aggregate principal amount of its 3.150 pct senior notes due 2027.Hubbell - expects to use net proceeds from offering of notes to redeem all of company's 5.95 pct senior notes due 2018.  Full Article

Hubbell reports Q2 earnings per share $1.43
Tuesday, 25 Jul 2017 07:30am EDT 

July 25 (Reuters) - Hubbell Inc :Q2 adjusted earnings per share $1.51 excluding items.Q2 earnings per share $1.43.Hubbell Inc - ‍net sales in Q2 of 2017 were $948 million, an increase of 4% compared to $909 million reported in Q2 of 2016​.Q2 earnings per share view $1.41, revenue view $937.4 million -- Thomson Reuters I/B/E/S.Hubbell Inc says reaffirm FY 2017 diluted EPS expected range of $5.40 to $5.60; continues to expect free cash flow to equal net income in 2017.FY2017 earnings per share view $5.48 -- Thomson Reuters I/B/E/S.Hubbell Inc - ‍for full year 2017, modestly increasing expected range for end market growth to 2.5% to 3.0% in aggregate​.Hubbell Inc - ‍continues to expect free cash flow to equal net income in 2017​.Hubbell - 2017 diluted earnings per share expectation reflects improved market outlook, as well as restructuring and related costs of about $0.30.  Full Article

Hubbell Q1 adjusted earnings per share $1.23
Tuesday, 25 Apr 2017 08:33am EDT 

April 25 (Reuters) - Hubbell Inc ::Q1 adjusted earnings per share $1.23 excluding items.Hubbell inc - net sales in first quarter of 2017 were $852 million, increase of 2% compared to the $835 million reported in the first quarter of 2016.Q1 earnings per share $1.13.Hubbell inc - fy 2017 diluted eps expectation revised to $5.40 to $5.60.Says continues to expect free cash flow to equal net income in 2017.Hubbell - for fy 2017, sees end markets to grow about 2% to 3% in aggregate, acquisitions completed to date will contribute about 2% to net sales.Hubbell inc says company expects its recent idevices acquisition will be approximately $0.10 dilutive to 2017 eps - sec filing.Q1 earnings per share view $1.11, revenue view $847.8 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $5.70 -- Thomson Reuters I/B/E/S.Hubbell inc - Hubbell continues to expect free cash flow to equal net income in 2017.  Full Article

Hubbell q4 adjusted diluted EPS $1.35 - SEC filing
Tuesday, 31 Jan 2017 08:22am EST 

Hubbell Inc : Hubbell Inc- q4 adjusted diluted eps up 3% to $1.35 - sec filing . Hubbell Inc - expected fy17 diluted eps $5.60 to $5.80, including $0.25 of restructuring and related costs .Hubbell Inc - q4 net sales $854 million versus $830 million last year; q4 eps $1.16.  Full Article

Hubbell Inc reports Q3 results 2016
Tuesday, 25 Oct 2016 08:13am EDT 

Hubbell Inc : Q3 earnings per share $1.56 . Q3 adjusted earnings per share $1.63 excluding items . Sees fy 2016 earnings per share $5.25 to $5.35 . Hubbell Inc says net sales in the third quarter of 2016 were $907 million, an increase of 3% . Fy2016 earnings per share view $5.32 -- Thomson Reuters I/B/E/S . Hubbell Inc says full year 2016 earnings per share expectation anticipates $0.35 of restructuring and related costs . Q3 earnings per share view $1.50, revenue view $907.6 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $1.50 -- Thomson Reuters I/B/E/S . "acquisitions drove sales growth in the quarter in the face of flat end markets," .Fy2016 earnings per share view $5.32 -- Thomson Reuters I/B/E/S.  Full Article

Hubbell says Q2 adjusted EPS $1.53 excluding items
Tuesday, 26 Jul 2016 08:21am EDT 

Hubbell Inc : Q2 adjusted earnings per share $1.53 excluding items . Q2 sales rose 4 percent to $909 million . Sees fy 2016 earnings per share $5.20 to $5.40 including items . Q2 earnings per share view $1.43, revenue view $896.6 million -- Thomson Reuters I/B/E/S . Q2 earnings per share $1.45 . Says continue to expect flat end markets in the aggregate for the second half of 2016 .Fy2016 earnings per share view $5.32 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Hubbell Inc Says CEO D. G. Nord's 2017 Total Compensation Was $8.5 Million Versus $9.7 Million In 2016

* HUBBELL INC SAYS CEO D. G. NORD'S 2017 TOTAL COMPENSATION WAS $8.5 MILLION VERSUS $9.7 MILLION IN 2016 - SEC FILING Source text (http://bit.ly/2pis9VF) Further company coverage: (Reuters.Brief@thomsonreuters.com)