Hubbell B Announces Acquisition of DMC Power

Hubbell B ( (HUBB) ) has issued an announcement.

On August 12, 2025, Hubbell Incorporated announced its agreement to acquire DMC Power, LLC for $825 million in cash, with the transaction expected to close by the end of 2025. This acquisition aims to enhance Hubbell’s Utility Solutions portfolio by integrating DMC Power’s connector technology systems, which are aligned with market trends in load growth and infrastructure development, and is anticipated to be accretive to Hubbell’s adjusted EPS in 2026.

The most recent analyst rating on (HUBB) stock is a Hold with a $400.00 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 guidance are major strengths, supporting a robust stock score. While technical indicators are generally positive, the high valuation and challenges related to raw material costs are key risks. Overall, the company is well-positioned with a strong financial foundation and growth prospects in key sectors.

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, focusing on enabling customers to operate critical infrastructure safely, reliably, and efficiently. With its headquarters in Shelton, CT, Hubbell reported revenues of $5.6 billion in 2024, and its solutions play a crucial role in electrifying economies and energizing communities.

Average Trading Volume: 574,318

Technical Sentiment Signal: Strong Buy

Current Market Cap: $22.96B

See more data about HUBB stock on TipRanks’ Stock Analysis page.