Hawkins, Inc. (NASDAQ:HWKN) Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC lifted its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 262.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 442 shares of the specialty chemicals company’s stock after buying an additional 320 shares during the period. Smartleaf Asset Management LLC’s holdings in Hawkins were worth $55,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HWKN. Vaughan Nelson Investment Management L.P. lifted its stake in shares of Hawkins by 487.7% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 254,837 shares of the specialty chemicals company’s stock worth $31,260,000 after buying an additional 211,472 shares during the period. FMR LLC increased its holdings in Hawkins by 20.9% in the third quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company’s stock valued at $32,663,000 after buying an additional 44,351 shares in the last quarter. State Street Corp increased its stake in shares of Hawkins by 5.4% during 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 in the last quarter. Jane Street Group LLC increased its stake in shares of Hawkins by 127.3% during the third quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company’s stock worth $6,046,000 after purchasing an additional 26,568 shares in the last quarter. Finally, De Lisle Partners LLP increased its stake in shares of Hawkins by 39.8% during the third quarter. De Lisle Partners LLP now owns 92,024 shares of the specialty chemicals company’s stock worth $11,745,000 after purchasing an additional 26,201 shares in the last quarter. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Hawkins Stock Performance

NASDAQ:HWKN opened at $104.91 on Tuesday. The company’s 50-day moving average is $111.75 and its two-hundred day moving average is $120.21. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 3.80 and a beta of 0.77. Hawkins, Inc. has a 1-year low of $69.92 and a 1-year high of $139.55. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (EPS) 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%. Analysts forecast that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is 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.