B. Metzler seel. Sohn & Co. AG bought a new stake in Hawkins, Inc. (NASDAQ:HWKN – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,743 shares of the specialty chemicals company’s stock, valued at approximately $950,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. New York State Teachers Retirement System grew its holdings in Hawkins by 0.7% in the fourth quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company’s stock valued at $1,659,000 after purchasing an additional 100 shares during the last quarter. Values First Advisors Inc. grew its stake in Hawkins by 1.4% in the 4th quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company’s stock valued at $1,479,000 after acquiring an additional 170 shares during the last quarter. Ellsworth Advisors LLC raised its position in Hawkins by 2.5% during the fourth quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company’s stock worth $950,000 after acquiring an additional 187 shares during the last quarter. Anchor Capital Advisors LLC lifted its holdings in shares of Hawkins by 1.5% in the fourth quarter. Anchor Capital Advisors LLC now owns 14,602 shares of the specialty chemicals company’s stock valued at $1,791,000 after purchasing an additional 214 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in 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 during the last quarter. Institutional investors and hedge funds own 69.71% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have recently weighed in on HWKN shares. BWS Financial reiterated a “neutral” rating and set a $122.00 price objective on shares of Hawkins in a report on Friday, January 31st. CJS Securities began coverage on shares of Hawkins in a research report on Tuesday. They issued a “market outperform” rating and a $125.00 price objective for the company.
Hawkins Stock Performance
HWKN stock opened at $107.57 on Friday. The firm has a market cap of $2.25 billion, a P/E ratio of 27.44, a P/E/G ratio of 3.80 and a beta of 0.77. The stock’s 50 day simple moving average is $108.24 and its 200 day simple moving average is $118.45. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. Hawkins, Inc. has a 12-month low of $71.98 and a 12-month high of $139.55.
Hawkins (NASDAQ:HWKN – Get Free Report) last issued its 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 return on equity of 18.95% and a net margin of 8.60%. As a group, equities research analysts predict that Hawkins, Inc. will post 4 EPS for the current year.
Hawkins Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is 18.37%.
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.
See Also
- Five stocks we like better than Hawkins
- P/E Ratio Calculation: How to Assess Stocks
- Shares of RH Down Nearly 40%: Where Investors Can Turn To Now
- The 3 Best Fintech Stocks to Buy Now
- Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian
- How to trade using analyst ratings
- Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?
Want to see what other hedge funds are holding HWKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawkins, Inc. (NASDAQ:HWKN – Free Report).
Receive News & Ratings for Hawkins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawkins and related companies with MarketBeat.com's FREE daily email newsletter.