19,575 Shares in Hawkins, Inc. (NASDAQ:HWKN) Purchased by Natixis Advisors LLC

Natixis Advisors LLC acquired a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 19,575 shares of the specialty chemicals company’s stock, valued at approximately $2,495,000. Natixis Advisors LLC owned approximately 0.09% of Hawkins at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in Hawkins by 71.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 168 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Hawkins by 289.2% in the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 347 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Hawkins during the third quarter worth approximately $100,000. USA Financial Formulas grew its position in Hawkins by 35.1% during the third quarter. USA Financial Formulas now owns 885 shares of the specialty chemicals company’s stock valued at $113,000 after purchasing an additional 230 shares in the last quarter. Finally, Capital Investment Advisors LLC acquired a new position in shares of Hawkins in the third quarter worth $225,000. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Hawkins Trading Up 1.6 %

Shares of HWKN stock opened at $130.03 on Monday. Hawkins, Inc. has a 12 month low of $54.44 and a 12 month high of $135.61. The company has a market cap of $2.72 billion, a PE ratio of 33.26, a price-to-earnings-growth ratio of 4.44 and a beta of 0.77. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $123.19 and its two-hundred day moving average is $109.03.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings data on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.02). The business had revenue of $247.03 million for the quarter, compared to analyst estimates of $259.59 million. Hawkins had a return on equity of 19.64% and a net margin of 8.74%. Equities analysts predict that Hawkins, Inc. will post 4.12 EPS for the current year.

Hawkins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Friday, November 15th. Hawkins’s dividend payout ratio (DPR) is currently 18.41%.

Wall Street Analyst Weigh In

Separately, BWS Financial reaffirmed a “neutral” rating and set a $122.00 price objective on shares of Hawkins in a research report on Thursday, October 31st.

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.