De Lisle Partners LLP Has $10.34 Million Position in Hawkins, Inc. (NASDAQ:HWKN)

Key Points

• De Lisle Partners LLP increased its holdings in Hawkins, Inc. by 2.1%, making it the firm's 9th largest position, valued at approximately $10.3 million.
• Hawkins recently reported earnings of $0.78 per share, exceeding expectations, with a net margin of 8.66% and revenue of $245.32 million.
• The company declared a quarterly dividend of $0.18 per share, resulting in an annualized dividend yield of 0.45% and representing a payout ratio of 17.82%.

De Lisle Partners LLP increased its position in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 2.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,419 shares of the specialty chemicals company's stock after buying an additional 2,000 shares during the quarter. Hawkins accounts for 1.7% of De Lisle Partners LLP's portfolio, making the stock its 9th biggest holding. De Lisle Partners LLP owned approximately 0.47% of Hawkins worth $10,336,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Inspire Advisors LLC boosted its holdings in shares of Hawkins by 3.9% in the 1st quarter. Inspire Advisors LLC now owns 4,881 shares of the specialty chemicals company's stock worth $517,000 after acquiring an additional 182 shares in the last quarter. Royce & Associates LP raised its position in Hawkins by 8.3% in the 1st quarter. Royce & Associates LP now owns 114,812 shares of the specialty chemicals company's stock worth $12,161,000 after purchasing an additional 8,785 shares during the last quarter. GW&K Investment Management LLC raised its position in Hawkins by 3.2% in the 1st quarter. GW&K Investment Management LLC now owns 220,327 shares of the specialty chemicals company's stock worth $23,337,000 after purchasing an additional 6,832 shares during the last quarter. Allianz Asset Management GmbH bought a new position in Hawkins in the 1st quarter worth approximately $244,000. Finally, Segall Bryant & Hamill LLC raised its position in Hawkins by 33.8% in the 1st quarter. Segall Bryant & Hamill LLC now owns 63,829 shares of the specialty chemicals company's stock worth $6,761,000 after purchasing an additional 16,136 shares during the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Wall Street Zen cut shares of Hawkins from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Raymond James Financial started coverage on shares of Hawkins in a report on Thursday, July 24th. They set a "market perform" rating on the stock. CJS Securities started coverage on shares of Hawkins in a report on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 target price on the stock. Finally, BWS Financial reiterated a "buy" rating and set a $160.00 price objective on shares of Hawkins in a report on Thursday, May 15th.

Hawkins Price Performance

NASDAQ HWKN traded down $1.47 on Wednesday, hitting $159.16. The stock had a trading volume of 222,358 shares, compared to its average volume of 210,097. The firm has a 50-day moving average of $144.86 and a 200-day moving average of $123.89. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 39.40, a price-to-earnings-growth ratio of 2.74 and a beta of 0.85. Hawkins, Inc. has a 52-week low of $98.30 and a 52-week high of $165.87. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.37 and a current ratio of 2.15.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its earnings results on Wednesday, July 30th. The specialty chemicals company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.34 by $0.06. Hawkins had a net margin of 8.66% and a return on equity of 18.93%. Equities analysts expect that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.19 per share. This is a boost from Hawkins's previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a yield of 0.48%. Hawkins's dividend payout ratio (DPR) is 17.82%.

Hawkins Company Profile

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.