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Hubbell Inc. reported strong earnings and a $500M share buyback, amid shifts in investor stakes.
Hubbell Incorporated saw a slight decrease in holdings by Metis Global Partners but gained increased interest from other hedge funds.
The company reported strong earnings, exceeding analyst expectations, and announced a $500 million share repurchase program.
Meanwhile, The State of Michigan Retirement System significantly increased its stake in HubSpot Inc., and Versor Investments invested in Hub Group, Inc., which met earnings expectations and declared a quarterly dividend.
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Hubbell Inc. reportó fuertes ganancias y una recompra de acciones de $500 millones, en medio de cambios en las participaciones de inversionistas.