Charles Schwab Investment Management Inc. Increases Stock Holdings in Hawkins, Inc. (NASDAQ:HWKN)

Charles Schwab Investment Management Inc. boosted its position in Hawkins, Inc. (NASDAQ:HWKN) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 238,500 shares of the specialty chemicals company’s stock after purchasing an additional 370 shares during the period. Charles Schwab Investment Management Inc. owned about 1.14% of Hawkins worth $29,257,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp raised 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 buying an additional 38,877 shares during the period. Geode Capital Management LLC raised its stake in shares of Hawkins by 3.6% in the third quarter. Geode Capital Management LLC now owns 523,514 shares of the specialty chemicals company’s stock worth $66,743,000 after buying an additional 18,119 shares during the period. FMR LLC raised its stake in shares of Hawkins by 20.9% in the third quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company’s stock worth $32,663,000 after buying an additional 44,351 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in shares of Hawkins by 487.7% in 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. Finally, Victory Capital Management Inc. raised its stake in shares of Hawkins by 26.9% in the third quarter. Victory Capital Management Inc. now owns 112,966 shares of the specialty chemicals company’s stock worth $14,400,000 after buying an additional 23,940 shares during the period. 69.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, BWS Financial reaffirmed a “neutral” rating and issued a $122.00 price objective on shares of Hawkins in a research note on Friday, January 31st.

Hawkins Stock Down 1.1 %

Shares of HWKN opened at $106.79 on Tuesday. The business’s 50 day moving average is $110.16 and its 200 day moving average is $119.55. The company has a market capitalization of $2.24 billion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 3.80 and a beta of 0.77. Hawkins, Inc. has a 12-month low of $71.20 and a 12-month high of $139.55. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings data 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 return on equity of 18.95% and a net margin of 8.60%. Research analysts expect that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins’s payout ratio is currently 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.