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With 89% Ownership in Hubbell Incorporated (NYSE:HUBB), Institutional Investors Have a Lot Riding on the Business

With 89% Ownership in Hubbell Incorporated (NYSE:HUBB), Institutional Investors Have a Lot Riding on the Business

拥有哈贝尔公司(纽约证券交易所代码:HUBB)89%的所有权,机构投资者在很大程度上依赖该业务
Simply Wall St ·  05/13 21:32

Key Insights

关键见解

  • Institutions' substantial holdings in Hubbell implies that they have significant influence over the company's share price
  • 50% of the business is held by the top 13 shareholders
  • Recent purchases by insiders
  • 机构对Hubbell的大量持股意味着它们对公司的股价具有重大影响
  • 50% 的业务由前 13 名股东持有
  • 内部人士最近的购买

Every investor in Hubbell Incorporated (NYSE:HUBB) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 89% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

哈贝尔公司(纽约证券交易所代码:HUBB)的每位投资者都应该知道最强大的股东群体。我们可以看到,机构拥有该公司的大部分股份,所有权为89%。换句话说,该集团将从对公司的投资中获得最多(或损失最大)。

And things are looking up for institutional investors after the company gained US$1.0b in market cap last week. The one-year return on investment is currently 51% and last week's gain would have been more than welcomed.

在上周该公司的市值上涨了10亿美元之后,机构投资者的情况正在好转。目前,一年的投资回报率为51%,上周的收益本来会非常受欢迎。

Let's delve deeper into each type of owner of Hubbell, beginning with the chart below.

让我们从下图开始,深入研究Hubbell的每种所有者。

ownership-breakdown
NYSE:HUBB Ownership Breakdown May 13th 2024
纽约证券交易所:HUBB 所有权明细 2024 年 5 月 13 日

What Does The Institutional Ownership Tell Us About Hubbell?

关于Hubbell,机构所有权告诉我们什么?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

许多机构根据近似于当地市场的指数来衡量自己的表现。因此,他们通常会更多地关注主要指数中包含的公司。

We can see that Hubbell does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Hubbell's earnings history below. Of course, the future is what really matters.

我们可以看到,Hubbell确实有机构投资者;他们持有公司很大一部分股票。这表明专业投资者有一定的信誉。但是我们不能仅仅依靠这个事实,因为机构有时会像所有人一样进行不良投资。如果多家机构同时改变对股票的看法,你可能会看到股价快速下跌。因此,值得在下面查看Hubbell的收益记录。当然,未来才是真正重要的。

earnings-and-revenue-growth
NYSE:HUBB Earnings and Revenue Growth May 13th 2024
纽约证券交易所:HUBB 收益和收入增长 2024 年 5 月 13 日

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Hubbell. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 12% of shares outstanding. With 7.4% and 4.6% of the shares outstanding respectively, BlackRock, Inc. and FMR LLC are the second and third largest shareholders.

投资者应注意,机构实际上拥有公司一半以上的股份,因此它们可以共同行使巨大的权力。我们注意到,对冲基金没有对Hubbell进行有意义的投资。我们的数据显示,Vanguard Group, Inc.是最大股东,已发行股份的12%。贝莱德公司和FMR LLC分别拥有7.4%和4.6%的已发行股份,是第二和第三大股东。

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 13 shareholders, meaning that no single shareholder has a majority interest in the ownership.

从股东登记册来看,我们可以看到50%的所有权由前13名股东控制,这意味着没有一个股东拥有所有权的多数股东。

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

虽然研究公司的机构所有权可以为您的研究增加价值,但研究分析师的建议以更深入地了解股票的预期表现也是一种好做法。有相当数量的分析师在报道该股,因此了解他们对未来的总体看法可能很有用。

Insider Ownership Of Hubbell

Hubbell的内部所有权

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

公司内部人员的定义可能是主观的,并且在不同的司法管辖区之间确实有所不同。我们的数据反映了个人内部人士,至少涵盖了董事会成员。公司管理层经营业务,但首席执行官将对董事会负责,即使他或她是董事会成员。

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

我通常认为内部所有权是一件好事。但是,在某些情况下,这使其他股东更难追究董事会对决策的责任。

Our information suggests that Hubbell Incorporated insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$77m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

我们的信息表明,哈贝尔公司内部人士拥有该公司不到1%的股份。这是一家非常大的公司,因此看到内部人士拥有该公司的很大一部分股份会令人惊讶。尽管他们的持股量不到1%,但我们可以看到董事会成员共拥有价值7700万美元的股票(按当前价格计算)。看到至少有一部分内部所有权总是件好事,但可能值得检查一下这些内部人士是否一直在出售。

General Public Ownership

一般公有制

The general public, who are usually individual investors, hold a 10% stake in Hubbell. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

公众通常是个人投资者,持有Hubbell10%的股份。这种所有权规模虽然可观,但如果决策与其他大股东不同步,可能不足以改变公司政策。

Next Steps:

后续步骤:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Hubbell , and understanding them should be part of your investment process.

我觉得看看究竟谁拥有一家公司非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,投资风险的幽灵无处不在。我们已经向Hubbell确定了一个警告信号,了解它们应该是您投资过程的一部分。

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

如果你像我一样,你可能需要考虑这家公司是会成长还是会萎缩。幸运的是,您可以查看这份免费报告,其中显示了分析师对其未来的预测。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的数字是使用过去十二个月的数据计算得出的,这些数据是指截至财务报表日期当月最后一天的12个月期间。这可能与全年年度报告数据不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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