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Hubbell Inc $HUBB Stake Raised by Perigon Wealth Management LLC
Perigon Wealth Management LLC increased its stake in Hubbell Inc. (NYSE:HUBB) by 32.4% in the fourth quarter, bringing its total holdings to 16,600 shares valued at $7.37 million. This move is part of a broader trend of institutional investors raising their stakes, with institutional ownership now at 88.16%. Despite some insider selling, analysts maintain a “Moderate Buy” rating for Hubbell, with a consensus target price of $533.50, following a slight beat on Q4 earnings and strong FY2026 guidance.