Janus Henderson Group PLC Raises Holdings in Hawkins, Inc. (NASDAQ:HWKN)

Janus Henderson Group PLC grew its position in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 11.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,741 shares of the specialty chemicals company's stock after acquiring an additional 4,807 shares during the quarter. Janus Henderson Group PLC owned 0.22% of Hawkins worth $5,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in HWKN. Wasatch Advisors LP bought a new stake in Hawkins in the 4th quarter worth approximately $42,466,000. Vaughan Nelson Investment Management L.P. increased its stake in Hawkins by 487.7% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 254,837 shares of the specialty chemicals company's stock worth $31,260,000 after acquiring an additional 211,472 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Hawkins in the 4th quarter worth approximately $13,087,000. Cerity Partners LLC increased its stake in Hawkins by 900.2% in the 4th quarter. Cerity Partners LLC now owns 82,576 shares of the specialty chemicals company's stock worth $10,166,000 after acquiring an additional 74,320 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Hawkins by 61.9% in the 4th quarter. JPMorgan Chase & Co. now owns 149,616 shares of the specialty chemicals company's stock worth $18,353,000 after acquiring an additional 57,179 shares during the last quarter. Institutional investors own 69.71% of the company's stock.

Analysts Set New Price Targets

HWKN has been the topic of a number of research reports. BWS Financial reaffirmed a "buy" rating and issued a $160.00 price objective on shares of Hawkins in a research note on Thursday, May 15th. Wall Street Zen downgraded Hawkins from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, CJS Securities began coverage on Hawkins in a research report on Tuesday, April 1st. They set a "market outperform" rating and a $125.00 target price on the stock.

Hawkins Trading Up 1.4%

Shares of NASDAQ HWKN traded up $1.83 during trading hours on Friday, hitting $128.50. 114,693 shares of the company traded hands, compared to its average volume of 124,808. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 32.78, a price-to-earnings-growth ratio of 3.80 and a beta of 0.87. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The company's 50 day moving average price is $116.47 and its 200 day moving average price is $117.67. Hawkins, Inc. has a 12 month low of $83.88 and a 12 month high of $139.55.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its earnings results on Wednesday, May 14th. The specialty chemicals company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $245.32 million for the quarter, compared to the consensus estimate of $230.69 million. Hawkins had a return on equity of 18.95% and a net margin of 8.60%. On average, equities research analysts anticipate that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.56%. The ex-dividend date is Friday, May 30th. Hawkins's dividend payout ratio (DPR) is presently 17.82%.

About Hawkins

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.