Aptus Capital Advisors LLC increased its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 15.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 60,235 shares of the specialty chemicals company's stock after acquiring an additional 8,132 shares during the quarter. Aptus Capital Advisors LLC owned approximately 0.29% of Hawkins worth $7,678,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of HWKN. Ellsworth Advisors LLC increased its stake in Hawkins by 1.2% in the 3rd quarter. Ellsworth Advisors LLC now owns 7,560 shares of the specialty chemicals company's stock worth $964,000 after purchasing an additional 89 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Hawkins by 1.9% in the second quarter. Arizona State Retirement System now owns 5,571 shares of the specialty chemicals company's stock worth $507,000 after buying an additional 103 shares during the period. Morgan Dempsey Capital Management LLC increased its position in shares of Hawkins by 5.1% in the second quarter. Morgan Dempsey Capital Management LLC now owns 2,629 shares of the specialty chemicals company's stock worth $239,000 after acquiring an additional 127 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Hawkins by 3.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,567 shares of the specialty chemicals company's stock valued at $351,000 after acquiring an additional 132 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Hawkins by 71.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company's stock valued at $51,000 after acquiring an additional 168 shares in the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.
Hawkins Stock Down 1.2 %
Hawkins stock traded down $1.50 during mid-day trading on Wednesday, hitting $125.17. The company's stock had a trading volume of 142,868 shares, compared to its average volume of 129,049. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.27 and a quick ratio of 1.39. Hawkins, Inc. has a 52-week low of $54.44 and a 52-week high of $135.61. The firm's 50 day moving average is $121.76 and its 200 day moving average is $106.40. The company has a market cap of $2.62 billion, a PE ratio of 32.01, a price-to-earnings-growth ratio of 4.40 and a beta of 0.77.
Hawkins (NASDAQ:HWKN - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.18 by ($0.02). Hawkins had a return on equity of 19.64% and a net margin of 8.74%. The company had revenue of $247.03 million during the quarter, compared to analysts' expectations of $259.59 million. On average, analysts anticipate that Hawkins, Inc. will post 4.12 earnings per share for the current year.
Hawkins Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date is Friday, November 15th. Hawkins's dividend payout ratio (DPR) is presently 18.41%.
Analyst Ratings Changes
Separately, BWS Financial reiterated a "neutral" rating and set a $122.00 price objective on shares of Hawkins in a research report on Thursday, October 31st.
View Our Latest Stock Analysis on Hawkins
About Hawkins
(
Free Report)
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.
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