New York State Teachers Retirement System Buys 100 Shares of Hawkins, Inc. (NASDAQ:HWKN)

New York State Teachers Retirement System increased its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,527 shares of the specialty chemicals company’s stock after acquiring an additional 100 shares during the quarter. New York State Teachers Retirement System owned approximately 0.06% of Hawkins worth $1,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vaughan Nelson Investment Management L.P. boosted its position in Hawkins by 487.7% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 254,837 shares of the specialty chemicals company’s stock valued at $31,260,000 after buying an additional 211,472 shares during the period. FMR LLC boosted its holdings in shares of Hawkins by 20.9% during the third quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company’s stock worth $32,663,000 after purchasing an additional 44,351 shares during the period. State Street Corp grew its stake in shares of Hawkins by 5.4% in the third quarter. State Street Corp now owns 755,995 shares of the specialty chemicals company’s stock worth $96,367,000 after purchasing an additional 38,877 shares during the last quarter. Rice Hall James & Associates LLC purchased a new position in Hawkins during the 3rd quarter valued at about $4,016,000. Finally, Jane Street Group LLC raised its position in Hawkins by 127.3% during the 3rd quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company’s stock valued at $6,046,000 after purchasing an additional 26,568 shares during the last quarter. 69.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reiterated a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a report on Friday, January 31st.

Hawkins Stock Performance

Shares of HWKN opened at $104.41 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.50 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.19 billion, a P/E ratio of 26.64, a P/E/G ratio of 3.80 and a beta of 0.82. The business’s 50 day moving average price is $116.22 and its 200-day moving average price is $121.33. Hawkins, Inc. has a 52 week low of $67.85 and a 52 week high of $139.55.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. Equities research analysts anticipate that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is presently 18.37%.

Hawkins 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.