Segall Bryant & Hamill LLC grew its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 33.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,829 shares of the specialty chemicals company's stock after purchasing an additional 16,136 shares during the period. Segall Bryant & Hamill LLC owned about 0.30% of Hawkins worth $6,761,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. SkyOak Wealth LLC lifted its position in shares of Hawkins by 3.8% during the 1st quarter. SkyOak Wealth LLC now owns 2,374 shares of the specialty chemicals company's stock valued at $251,000 after buying an additional 88 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Hawkins by 20.4% during the 1st quarter. GAMMA Investing LLC now owns 531 shares of the specialty chemicals company's stock valued at $56,000 after buying an additional 90 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in shares of Hawkins by 5.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,023 shares of the specialty chemicals company's stock valued at $248,000 after buying an additional 99 shares in the last quarter. Mariner LLC lifted its position in shares of Hawkins by 7.4% during the 4th quarter. Mariner LLC now owns 1,956 shares of the specialty chemicals company's stock valued at $240,000 after buying an additional 135 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Hawkins by 118.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 280 shares of the specialty chemicals company's stock valued at $30,000 after buying an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company's stock.
Wall Street Analysts Forecast Growth
HWKN has been the topic of a number of research reports. BWS Financial restated a "buy" rating and issued a $160.00 price objective on shares of Hawkins in a report on Thursday, May 15th. Wall Street Zen downgraded Hawkins from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, CJS Securities started coverage on Hawkins in a research note on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 target price for the company.
View Our Latest Stock Report on Hawkins
Hawkins Stock Down 1.0%
HWKN stock traded down $1.63 during trading on Monday, hitting $159.75. 84,029 shares of the company's stock were exchanged, compared to its average volume of 133,747. The business has a 50-day moving average price of $138.94 and a two-hundred day moving average price of $121.63. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 39.95, a PEG ratio of 2.70 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 current ratio of 2.15, a quick ratio of 1.37 and a debt-to-equity ratio of 0.30.
Hawkins (NASDAQ:HWKN - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The specialty chemicals company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. Hawkins had a return on equity of 18.93% and a net margin of 8.66%. The company had revenue of $245.32 million during the quarter, compared to analysts' expectations of $230.69 million. As a group, equities research analysts expect that Hawkins, Inc. will post 4 EPS for the current year.
Hawkins Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Friday, May 30th. Hawkins's dividend payout ratio is presently 17.82%.
Hawkins Company Profile
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Free Report)
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.
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