Hawkins, Inc. (NASDAQ:HWKN) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. raised its position in Hawkins, Inc. (NASDAQ:HWKN) by 45.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 89,026 shares of the specialty chemicals company’s stock after buying an additional 27,680 shares during the period. Victory Capital Management Inc. owned about 0.42% of Hawkins worth $8,101,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Hawkins by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 1,516,717 shares of the specialty chemicals company’s stock valued at $106,807,000 after buying an additional 62,224 shares during the last quarter. Westwood Holdings Group Inc. acquired a new stake in Hawkins in the 1st quarter valued at about $31,504,000. Bank of New York Mellon Corp lifted its stake in Hawkins by 2.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 191,433 shares of the specialty chemicals company’s stock worth $17,420,000 after purchasing an additional 4,398 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Hawkins by 16.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 118,017 shares of the specialty chemicals company’s stock worth $9,064,000 after purchasing an additional 16,236 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Hawkins by 116.9% in the first quarter. Nordea Investment Management AB now owns 104,537 shares of the specialty chemicals company’s stock valued at $8,049,000 after purchasing an additional 56,330 shares in the last quarter. 69.71% of the stock is currently owned by hedge funds and other institutional investors.

Hawkins Price Performance

NASDAQ:HWKN opened at $120.03 on Monday. Hawkins, Inc. has a one year low of $53.64 and a one year high of $127.35. The stock has a market cap of $2.52 billion, a PE ratio of 33.43, a P/E/G ratio of 3.94 and a beta of 0.74. The stock has a 50 day moving average price of $113.47 and a 200 day moving average price of $92.13. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.44 and a current ratio of 2.27.

Hawkins (NASDAQ:HWKN) last announced its quarterly earnings results on Wednesday, July 31st. The specialty chemicals company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.37. Hawkins had a net margin of 8.75% and a return on equity of 20.16%. The business had revenue of $255.88 million during the quarter, compared to the consensus estimate of $254.30 million. Equities research analysts expect that Hawkins, Inc. will post 4.14 EPS for the current fiscal year.

Hawkins Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a $0.18 dividend. This is a positive change from Hawkins’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 0.60%. The ex-dividend date was Friday, August 16th. Hawkins’s dividend payout ratio is currently 20.06%.

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.