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

AQR Capital Management LLC increased its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,027 shares of the specialty chemicals company’s stock after acquiring an additional 311 shares during the quarter. AQR Capital Management LLC owned approximately 0.06% of Hawkins worth $1,185,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System grew its holdings in Hawkins by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 5,571 shares of the specialty chemicals company’s stock valued at $507,000 after buying an additional 103 shares during the last quarter. Morgan Dempsey Capital Management LLC boosted its position in Hawkins by 5.1% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 2,629 shares of the specialty chemicals company’s stock valued at $239,000 after buying an additional 127 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of Hawkins by 3.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,567 shares of the specialty chemicals company’s stock valued at $351,000 after purchasing an additional 132 shares in the last quarter. Anchor Capital Advisors LLC raised its holdings in Hawkins by 0.6% in the first quarter. Anchor Capital Advisors LLC now owns 22,505 shares of the specialty chemicals company’s stock valued at $1,728,000 after acquiring an additional 139 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in Hawkins by 2.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the specialty chemicals company’s stock worth $874,000 after purchasing an additional 200 shares in the last quarter. 69.71% of the stock is owned by hedge funds and other institutional investors.

Hawkins Price Performance

Shares of NASDAQ:HWKN opened at $130.58 on Friday. The company has a quick ratio of 1.44, a current ratio of 2.27 and a debt-to-equity ratio of 0.29. The firm has a 50-day simple moving average of $121.68 and a 200 day simple moving average of $99.04. Hawkins, Inc. has a fifty-two week low of $53.64 and a fifty-two week high of $132.65. The company has a market cap of $2.73 billion, a PE ratio of 33.92, a P/E/G ratio of 4.54 and a beta of 0.74.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, July 31st. The specialty chemicals company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.01 by $0.37. Hawkins had a net margin of 8.75% and a return on equity of 20.16%. The firm had revenue of $255.88 million for the quarter, compared to analysts’ expectations of $254.30 million. On average, sell-side analysts anticipate that Hawkins, Inc. will post 4.14 EPS for the current year.

Hawkins Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a $0.18 dividend. The ex-dividend date was Friday, August 16th. This is a positive change from Hawkins’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a yield of 0.55%. Hawkins’s dividend payout ratio (DPR) is presently 18.70%.

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.