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Barrow Hanley Mewhinney & Strauss LLC Has $8.73 Million Stock Position in Hubbell Inc $HUBB
Barrow Hanley Mewhinney & Strauss LLC significantly increased its stake in Hubbell Inc. (NYSE:HUBB) during the third quarter, now owning 20,296 shares valued at $8.73 million. This increase in institutional ownership comes despite recent insider selling by Hubbell’s CEO and VP, who collectively offloaded shares worth over $17 million. Hubbell recently reported earnings that slightly beat expectations, with revenue up 11.9% year-over-year, and announced a quarterly dividend.