Hawkins, Inc. (NASDAQ:HWKN) Shares Sold by Hoese & Co LLP

Hoese & Co LLP lowered its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 50.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,440 shares of the specialty chemicals company’s stock after selling 1,450 shares during the quarter. Hoese & Co LLP’s holdings in Hawkins were worth $177,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Jane Street Group LLC boosted its position in shares of Hawkins by 127.3% during the 3rd 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 during the period. State of New Jersey Common Pension Fund D purchased a new position in shares of Hawkins during the third quarter worth $2,021,000. Public Sector Pension Investment Board grew its stake in shares of Hawkins by 6.6% in the second quarter. Public Sector Pension Investment Board now owns 41,857 shares of the specialty chemicals company’s stock valued at $3,809,000 after buying an additional 2,599 shares in the last quarter. Natixis Advisors LLC purchased a new stake in shares of Hawkins in the 3rd quarter valued at $2,495,000. Finally, Victory Capital Management Inc. raised its holdings in shares of Hawkins by 26.9% in the 3rd quarter. Victory Capital Management Inc. now owns 112,966 shares of the specialty chemicals company’s stock valued at $14,400,000 after buying an additional 23,940 shares during the period. Institutional investors and hedge funds own 69.71% of the company’s stock.

Hawkins Price Performance

Shares of HWKN opened at $114.32 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. Hawkins, Inc. has a fifty-two week low of $54.44 and a fifty-two week high of $139.55. The company has a market cap of $2.39 billion, a P/E ratio of 29.24, a PEG ratio of 3.81 and a beta of 0.84. The firm’s 50 day moving average price is $125.39 and its 200 day moving average price is $120.12.

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

Hawkins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Friday, November 15th. Hawkins’s payout ratio is presently 18.41%.

Analyst Ratings Changes

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

About Hawkins

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.