Natixis Advisors LLC Boosts Stock Position in Hawkins, Inc. (NASDAQ:HWKN)

Natixis Advisors LLC grew its holdings in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 151.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,179 shares of the specialty chemicals company's stock after buying an additional 29,604 shares during the quarter. Natixis Advisors LLC owned about 0.23% of Hawkins worth $6,032,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Larson Financial Group LLC raised its position in Hawkins by 8,633.3% in the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company's stock worth $33,000 after acquiring an additional 259 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Hawkins by 155.4% in the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock valued at $44,000 after purchasing an additional 216 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Hawkins by 262.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company's stock valued at $55,000 after purchasing an additional 320 shares during the period. TD Private Client Wealth LLC boosted its holdings in Hawkins by 242.5% during the third quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company's stock worth $59,000 after buying an additional 325 shares in the last quarter. Finally, KBC Group NV grew its position in Hawkins by 37.0% during the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company's stock worth $116,000 after buying an additional 256 shares during the period. 69.71% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Separately, BWS Financial reissued a "neutral" rating and set a $122.00 price target on shares of Hawkins in a research note on Friday, January 31st.

Hawkins Price Performance

Hawkins stock traded down $0.54 during trading hours on Wednesday, hitting $106.65. The stock had a trading volume of 40,378 shares, compared to its average volume of 120,441. Hawkins, Inc. has a 1-year low of $71.98 and a 1-year high of $139.55. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 3.80 and a beta of 0.77. The stock's fifty day moving average is $109.26 and its two-hundred day moving average is $118.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53.

Hawkins (NASDAQ:HWKN - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts' consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. As a group, analysts predict 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. Stockholders of record on Friday, February 14th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.68%. Hawkins's dividend payout ratio (DPR) is 18.37%.

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.