Hawkins, Inc. (NASDAQ:HWKN) Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC grew its stake in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 763.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,451 shares of the specialty chemicals company's stock after purchasing an additional 32,230 shares during the period. Intech Investment Management LLC owned approximately 0.17% of Hawkins worth $4,471,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. State Street Corp boosted its holdings in Hawkins by 5.4% in the third quarter. State Street Corp now owns 755,995 shares of the specialty chemicals company's stock worth $96,367,000 after acquiring an additional 38,877 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Hawkins by 3.6% in the third quarter. Geode Capital Management LLC now owns 523,514 shares of the specialty chemicals company's stock valued at $66,743,000 after acquiring an additional 18,119 shares during the period. FMR LLC lifted its stake in shares of Hawkins by 20.9% in the 3rd quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company's stock worth $32,663,000 after purchasing an additional 44,351 shares during the period. Vaughan Nelson Investment Management L.P. raised its position 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 acquiring an additional 211,472 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of Hawkins by 26.9% in the third quarter. Victory Capital Management Inc. now owns 112,966 shares of the specialty chemicals company's stock worth $14,400,000 after buying an additional 23,940 shares during the period. 69.71% of the stock is owned by institutional investors.

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Hawkins Stock Up 0.7 %

Hawkins stock traded up $0.76 during midday trading on Friday, hitting $105.77. 367,892 shares of the company's stock were exchanged, compared to its average volume of 121,037. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. The firm has a 50-day moving average of $109.41 and a two-hundred day moving average of $119.05. Hawkins, Inc. has a 12 month low of $71.98 and a 12 month high of $139.55. The company has a market cap of $2.21 billion, a PE ratio of 26.98, a P/E/G ratio of 3.80 and a beta of 0.77.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share 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 expect that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins's dividend payout ratio is currently 18.37%.

Analyst Ratings Changes

Separately, BWS Financial reiterated a "neutral" rating and issued a $122.00 price target on shares of Hawkins in a report on Friday, January 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.