Linden Thomas Advisory Services LLC Purchases 1,756 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Linden Thomas Advisory Services LLC lifted its stake in Hawkins, Inc. (NASDAQ:HWKN) by 16.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,729 shares of the specialty chemicals company’s stock after purchasing an additional 1,756 shares during the period. Linden Thomas Advisory Services LLC owned 0.06% of Hawkins worth $1,561,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HWKN. Larson Financial Group LLC lifted its position in Hawkins by 8,633.3% during the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 259 shares during the period. GAMMA Investing LLC increased its stake in Hawkins by 71.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 168 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Hawkins by 289.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 347 shares in the last quarter. TD Private Client Wealth LLC increased its stake in Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 325 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Hawkins during the 3rd quarter valued at about $100,000. 69.71% of the stock is owned by hedge funds and other institutional investors.

Hawkins Stock Performance

Shares of NASDAQ HWKN opened at $115.68 on Friday. The firm has a 50 day moving average of $124.75 and a 200 day moving average of $120.66. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 4.09 and a beta of 0.84. Hawkins, Inc. has a 12-month low of $54.44 and a 12-month high of $139.55.

Hawkins (NASDAQ:HWKN) last announced its earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share (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 business had revenue of $247.03 million for the quarter, compared to the consensus estimate of $259.59 million. On average, research analysts anticipate that Hawkins, Inc. will post 4.12 earnings per share for the current year.

Hawkins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Friday, November 15th. Hawkins’s dividend payout ratio is currently 18.41%.

Analysts Set New Price Targets

Separately, BWS Financial reiterated a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a research note on Thursday, October 31st.

Hawkins 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.