The Potters boss believes many of the club's Premier League rivals would also have missed out on targets but is pleased with the players he did sign - particularly Marko Arnautovic
Reports had suggested that the former Manchester City and QPR boss was keen on Benfica striker Nelson Oliveira and Hannover forward Mame Biram Diouf.
The Potters missed out on both players but Hughes is happy that the signings of Stephen Ireland and Marko Arnautovic will provide the quality needed to improve the team.
He told The Sentinel: "Few clubs can say, hand on heart, that they got everybody they wanted.
"It's on record that we pursued a number that fell through, but when you look back at what we have got and the balance of the squad, I am delighted. Overall, it has been a good window.
"It's important if you go into the market that you come out with a stronger squad, and I think we have."
Speaking about Arnautovic, he added: "Marko is very adept at playing across the front line, he gives us that flexibility.
"He can play both wings, and in his own mind that is where he thinks he's more accomplished, but only because he's played more games there.
"But I've no doubt he can play in any number of positions and in different combinations with the players we've got here.
"In that regard, I think he's a very good acquisition."
Stoke are fifth in the table after two wins from their opening three Premier League matches.