Hawkins, Inc. (NASDAQ:HWKN) Stock Position Increased by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in Hawkins, Inc. (NASDAQ:HWKN) by 151.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,179 shares of the specialty chemicals company’s stock after buying an additional 29,604 shares during the period. Natixis Advisors LLC owned approximately 0.23% of Hawkins worth $6,032,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC raised its stake in shares of Hawkins by 8,633.3% in the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 259 shares in the last quarter. Blue Trust Inc. grew 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 worth $44,000 after acquiring an additional 216 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Hawkins by 262.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company’s stock worth $55,000 after acquiring an additional 320 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of Hawkins by 242.5% in the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock worth $59,000 after acquiring an additional 325 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Hawkins by 37.0% in the 4th quarter. KBC Group NV now owns 948 shares of the specialty chemicals company’s stock worth $116,000 after acquiring an additional 256 shares during the last quarter. Institutional investors own 69.71% of the company’s stock.

Wall Street Analyst Weigh In

Separately, BWS Financial restated a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a report on Friday, January 31st.

Hawkins Stock Performance

Shares of HWKN stock opened at $105.77 on Friday. Hawkins, Inc. has a 1-year low of $71.98 and a 1-year high of $139.55. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 26.98, a P/E/G ratio of 3.80 and a beta of 0.77. The stock’s fifty day simple moving average is $109.41 and its 200-day simple moving average is $119.07.

Hawkins (NASDAQ:HWKN) last issued 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%. On average, sell-side analysts predict that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.18 per share. The ex-dividend date 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 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.