Highest-materiality recent filing
Hubbell signs $900M term loan agreement to finance NSI Acquisition
Unsecured term loan of up to $900M to fund the NSI stock purchase, repay NSI debt, and pay fees.
All 11 director nominees elected; Neal J. Keating received ~8.04M against votes (18% of votes cast), highest dissent.
Hubbell to acquire NSI Industries for $3.0B cash; ~15.5x 2026 EBITDA
Purchase price $3.0B in cash (subject to customary adjustments); ~15.5x NSI's anticipated 2026 EBITDA.
Hubbell Q1 adj. EPS $3.93 (+16% y/y), raises FY2026 adj. EPS guidance to $19.30-$19.85
Q1 diluted EPS $3.41 GAAP; adjusted diluted EPS $3.93, up 16% vs. $3.39 prior year.
Hubbell Q4 adj EPS $4.73 (+15% y/y), guides FY26 adj EPS $19.15-$19.85
Q4 net sales +12% to $1.493B (organic +9%); Utility Solutions +10%, Electrical Solutions +14%.
Hubbell issues $400M of 4.800% Senior Notes due 2035 to redeem $400M of 3.350% Notes due 2026
Issued $400M of 4.800% Senior Notes due 2035; net proceeds ~$392M after underwriting discount and expenses.
Hubbell prices $400M 4.800% senior notes due 2035; proceeds to redeem 2026 notes
Offered $400M aggregate principal of 4.800% Senior Notes due 2035; expected close Nov 14, 2025.
Hubbell Q3 adj. EPS $5.17 beats; raises FY2025 adj. EPS outlook to $18.10-$18.30
Q3 diluted EPS $4.77; adjusted diluted EPS $5.17, up double-digit YoY.
Hubbell completes $825M DMC Power acquisition funded by $600M term loan
Acquired DMC Power, a provider of connectors and tooling for utility substation and transmission markets.
Hubbell CFO William Sperry to retire; Joseph Capozzoli named successor effective Jan 1, 2026
William Sperry retires as CFO Dec 31, 2025 after 14 years in role; will remain EVP into 2026.
Hubbell elects Dominion Energy executive Edward H. Baine as independent director
Edward H. Baine elected effective Aug 29, 2025; serves on Compensation and Finance Committees.
Hubbell to acquire DMC Power for $825M; expects 2026 accretion
Acquisition of DMC Power, a provider of utility substation and transmission connectors, for $825M in cash.
Hubbell Q2 2025 diluted EPS $4.56, adj EPS $4.93; raises FY guidance to $16.25-$16.75
2Q net sales +2% (organic +2%); diluted EPS $4.56, adjusted diluted EPS $4.93.
Incentive Award Plan shares increased by 620k to 1,749,789 total; independent director annual grant limit raised from $500k to $1M.
Hubbell Q1 2025 adj. EPS $3.50; Utility Solutions sales -4%; reaffirms FY guidance
Q1 2025 diluted EPS $3.15, adjusted diluted EPS $3.50; net sales $1.365B down 2% YoY.
Hubbell enters $1.0B revolving credit facility, terminates existing 2021 facility
New $1.0B unsecured revolving credit facility matures March 25, 2030; can be increased to $1.5B.
Hubbell Q4 adjusted EPS $4.10, up 11% YoY; guides FY25 adj EPS $17.35-$17.85
Q4 GAAP EPS $3.64, adjusted $4.10; net sales -1% (organic -3%, M&A +3%).
Hubbell elects CMS Energy CEO Garrick Rochow as independent director
Rochow appointed to Board effective Nov 19, 2024; board now ten directors, nine independent.
Hubbell Q3 adjusted EPS $4.49 (+14% YoY), raises FY2024 adj. EPS guidance to $16.35-$16.55
3Q net sales +5% to $1.443B; organic -1%, M&A +6%; Utility Solutions sales +11%, Electrical Solutions -5%.
Hubbell Q2 adjusted EPS $4.37, raises FY24 outlook; net sales +6%
2Q diluted EPS $3.94; adjusted diluted EPS $4.37 vs $4.24 prior year.
Hubbell shareholders elect all 9 director nominees, approve say-on-pay, ratify auditor
All nine director nominees elected; highest 'withhold' votes were for A.J. Guzzi (3.66M) and N.J. Keating (3.24M).
Hubbell Q1: GAAP EPS $2.73, adj. $3.60; net sales +9%; FY24 adj. EPS guidance $16.00-$16.50
Q1 diluted EPS $2.73, adjusted $3.60; net sales +9% (organic +2%, M&A +6%).
On November 19, 2024, the Board of Directors (the “Board”) of Hubbell Incorporated (the “Company”) elected Garrick J. Rochow as an independent director of the Company, effective as of that date (the “Effective Date”).
Max materiality 0.90 · Median 0.68 · Most common event earnings