NorthRock Partners LLC Buys 9,913 Shares of Hawkins, Inc. (NASDAQ:HWKN)

NorthRock Partners LLC raised its holdings in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 54.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,031 shares of the specialty chemicals company's stock after buying an additional 9,913 shares during the quarter. NorthRock Partners LLC owned 0.13% of Hawkins worth $3,435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of HWKN. Barclays PLC increased its holdings in Hawkins by 180.1% in the 3rd quarter. Barclays PLC now owns 39,728 shares of the specialty chemicals company's stock valued at $5,064,000 after buying an additional 25,545 shares during the period. Franklin Resources Inc. increased its holdings in Hawkins by 5.8% in the 3rd quarter. Franklin Resources Inc. now owns 19,978 shares of the specialty chemicals company's stock valued at $2,597,000 after buying an additional 1,100 shares during the period. Tealwood Asset Management Inc. bought a new stake in Hawkins in the 4th quarter valued at $830,000. Annex Advisory Services LLC increased its holdings in Hawkins by 47.5% in the 4th quarter. Annex Advisory Services LLC now owns 20,448 shares of the specialty chemicals company's stock valued at $2,508,000 after buying an additional 6,587 shares during the period. Finally, Ellsworth Advisors LLC increased its holdings in Hawkins by 2.5% in the 4th quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company's stock valued at $950,000 after buying an additional 187 shares during the period. Institutional investors own 69.71% of the company's stock.

Hawkins Price Performance

Shares of NASDAQ:HWKN traded up $3.86 on Friday, hitting $122.68. The stock had a trading volume of 122,340 shares, compared to its average volume of 124,829. Hawkins, Inc. has a twelve month low of $82.83 and a twelve month high of $139.55. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. The firm's 50 day moving average price is $114.35 and its 200-day moving average price is $117.07. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 3.80 and a beta of 0.87.

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

Hawkins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, May 30th. This represents a $0.72 annualized dividend and a yield of 0.59%. Hawkins's dividend payout ratio (DPR) is 18.37%.

Wall Street Analyst Weigh In

HWKN has been the topic of several analyst reports. BWS Financial reissued a "buy" rating and issued a $160.00 price target on shares of Hawkins in a report on Thursday. CJS Securities started coverage on shares of Hawkins in a research note on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 target price on the stock.

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.