Hawkins, Inc. (NASDAQ:HWKN) Short Interest Update

Hawkins, Inc. (NASDAQ:HWKN - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 573,200 shares, a growth of 6.7% from the January 15th total of 537,000 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average daily volume of 139,300 shares, the short-interest ratio is currently 4.1 days.

Institutional Trading of Hawkins

Hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC boosted its position in Hawkins by 8,633.3% during the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company's stock worth $33,000 after purchasing an additional 259 shares in the last quarter. Vermillion Wealth Management Inc. purchased a new position in Hawkins during the fourth quarter worth approximately $34,000. Blue Trust Inc. boosted its position in Hawkins by 155.4% during the fourth quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock worth $44,000 after purchasing an additional 216 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Hawkins during the fourth quarter worth approximately $53,000. Finally, Smartleaf Asset Management LLC boosted its position in Hawkins by 262.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company's stock worth $55,000 after purchasing an additional 320 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company's stock.

Hawkins Stock Performance

Shares of HWKN traded down $1.85 during mid-day trading on Friday, reaching $104.41. The company had a trading volume of 108,684 shares, compared to its average volume of 156,476. Hawkins has a 52-week low of $67.85 and a 52-week high of $139.55. The company has a quick ratio of 1.53, a current ratio of 2.50 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.19 billion, a P/E ratio of 26.64, a PEG ratio of 3.96 and a beta of 0.82. The stock has a 50 day moving average of $116.22 and a two-hundred day moving average of $121.32.

Hawkins (NASDAQ:HWKN - Get Free Report) last issued its earnings results 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 return on equity of 18.95% and a net margin of 8.60%. On average, analysts expect that Hawkins will post 4 earnings per share for the current year.

Hawkins Dividend Announcement

The business 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 is Friday, February 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.69%. Hawkins's payout ratio is 18.37%.

Wall Street Analysts Forecast Growth

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

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.