Hydro One Reaches Tentative Agreement Covering 10,100 Employees with Society of United Professionals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Tentative Agreement: Hydro One Networks Inc. has reached a tentative agreement with the Society of United Professionals covering 10,100 employees in engineering, supervisory, and other professional roles, which, if ratified, will take effect retroactively from October 1, 2025, ensuring employee rights and operational stability.
- Asset and Revenue Overview: As of December 31, 2024, Hydro One's total assets reached CAD 36.7 billion, with annual revenues of CAD 8.5 billion in 2024, demonstrating the company's strong market position and financial health in Ontario's electricity transmission and distribution sector.
- Investment and Economic Support: In 2024, Hydro One invested CAD 3.1 billion in its transmission and distribution networks while supporting the local economy through CAD 2.9 billion in goods and services procurement, reflecting the company's commitment to community responsibility and economic development.
- Community Commitment: Hydro One is dedicated to enhancing its connection with the communities it serves through community investment, sustainability, and diversity initiatives, further solidifying its leadership and social responsibility in Ontario.
Analyst Views on H
Wall Street analysts forecast H stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for H is 169.70 USD with a low forecast of 154.00 USD and a high forecast of 203.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 165.270
Low
154.00
Averages
169.70
High
203.00
Current: 165.270
Low
154.00
Averages
169.70
High
203.00
About H
Hyatt Hotels Corporation is a global hospitality company. The Company’s portfolio includes more than 1,450 hotels and all-inclusive properties in 82 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt, Alila, Miraval, Impression by Secrets, and The Unbound Collection by Hyatt; the Lifestyle Portfolio, including Andaz, Thompson Hotels, The Standard, Dream Hotels, The StandardX, Breathless Resorts & Spas, JdV by Hyatt, Bunkhouse Hotels, and Me and All Hotels; the Inclusive Collection, including Zoetry Wellness & Spa Resorts, Hyatt Ziva, Hyatt Zilara, Secrets Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape Resorts & Spas, Alua Hotels & Resorts, and Bahia Principe Hotels & Resorts; the Classics Portfolio, including Grand Hyatt, Hyatt Regency, Destination by Hyatt, Hyatt Centric, Hyatt Vacation Club, and Hyatt, and the Essentials Portfolio, including Caption by Hyatt and Unscripted by Hyatt.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
