11,554 Shares in Hawkins, Inc. (NASDAQ:HWKN) Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,554 shares of the specialty chemicals company's stock, valued at approximately $1,473,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.06% of Hawkins at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Westwood Holdings Group Inc. purchased a new stake in Hawkins in the first quarter valued at approximately $31,504,000. Janus Henderson Group PLC increased its stake in shares of Hawkins by 21.6% in the first quarter. Janus Henderson Group PLC now owns 43,243 shares of the specialty chemicals company's stock worth $3,320,000 after acquiring an additional 7,683 shares during the period. EFG Asset Management North America Corp. purchased a new position in shares of Hawkins during the second quarter worth $1,507,000. Aptus Capital Advisors LLC acquired a new position in Hawkins during the second quarter valued at $4,741,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in Hawkins by 7,343.9% in the first quarter. Public Employees Retirement System of Ohio now owns 22,555 shares of the specialty chemicals company's stock valued at $1,732,000 after purchasing an additional 22,252 shares during the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, BWS Financial reissued a "neutral" rating and issued a $122.00 price objective on shares of Hawkins in a report on Thursday, October 31st.

Hawkins Stock Performance

Shares of NASDAQ HWKN traded down $3.92 during midday trading on Wednesday, reaching $133.39. 93,150 shares of the stock were exchanged, compared to its average volume of 128,018. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 4.70 and a beta of 0.77. The firm has a 50-day simple moving average of $123.88 and a two-hundred day simple moving average of $109.84. Hawkins, Inc. has a twelve month low of $54.44 and a twelve month high of $138.86.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 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 firm had revenue of $247.03 million for the quarter, compared to analyst estimates of $259.59 million. As a group, analysts anticipate that Hawkins, Inc. will post 4.12 EPS for the current fiscal year.

Hawkins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Friday, November 15th. Hawkins's dividend payout ratio is presently 18.41%.

Hawkins Company 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.