Willis Investment Counsel has reported acquiring a new stake in Hubbell Inc (NYSE:HUBB), purchasing 26,048 shares valued at approximately $11.2 million. Other institutional investors also adjusted their positions in the industrial products company, which recently announced a quarterly dividend and strong earnings, exceeding analyst estimates. Hubbell’s stock saw a 2.6% increase, and analysts maintain a “Moderate Buy” consensus rating with a target price of $529.75.
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Willis Investment Counsel Takes Position in Hubbell Inc $HUBB
Willis Investment Counsel has reported acquiring a new stake in Hubbell Inc (NYSE:HUBB), purchasing 26,048 shares valued at approximately $11.2 million. Other institutional investors also adjusted their positions in the industrial products company, which recently announced a quarterly dividend and strong earnings, exceeding analyst estimates. Hubbell’s stock saw a 2.6% increase, and analysts maintain a “Moderate Buy” consensus rating with a target price of $529.75.