State of New Jersey Common Pension Fund D Has $2.04 Million Stake in Hawkins, Inc. (NASDAQ:HWKN)

State of New Jersey Common Pension Fund D increased its stake in Hawkins, Inc. (NASDAQ:HWKN) by 4.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,620 shares of the specialty chemicals company’s stock after purchasing an additional 768 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Hawkins were worth $2,039,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HWKN. Blue Trust Inc. lifted its stake in shares of Hawkins by 155.4% in the fourth quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock valued at $44,000 after buying an additional 216 shares during the period. New York State Teachers Retirement System lifted its holdings in Hawkins by 0.7% during the 4th quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company’s stock worth $1,659,000 after buying an additional 100 shares in the last quarter. Values First Advisors Inc. raised its holdings in Hawkins by 1.4% during the 4th quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company’s stock worth $1,479,000 after purchasing an additional 170 shares during the last quarter. Focus Financial Network Inc. acquired a new position in shares of Hawkins during the 4th quarter worth about $259,000. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in 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 purchasing an additional 211,472 shares during the period. 69.71% of the stock is currently owned by institutional investors.

Hawkins Price Performance

Shares of NASDAQ HWKN opened at $104.41 on Monday. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $116.22 and its 200-day moving average is $121.36. Hawkins, Inc. has a 1-year low of $67.85 and a 1-year high of $139.55. The firm has a market cap of $2.19 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 3.80 and a beta of 0.82.

Hawkins (NASDAQ:HWKN) last issued its 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 return on equity of 18.95% and a net margin of 8.60%. Equities research analysts predict that Hawkins, Inc. will post 4 earnings per share for the current year.

Hawkins Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.69%. Hawkins’s dividend payout ratio is presently 18.37%.

Analyst Ratings Changes

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

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.