Royce & Associates LP Acquires 3,775 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Royce & Associates LP raised its position in shares of Hawkins, Inc. (NASDAQ:HWKN) by 3.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,785 shares of the specialty chemicals company’s stock after purchasing an additional 3,775 shares during the period. Royce & Associates LP owned 0.56% of Hawkins worth $15,014,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in Hawkins by 26.9% during the third quarter. Victory Capital Management Inc. now owns 112,966 shares of the specialty chemicals company’s stock valued at $14,400,000 after purchasing an additional 23,940 shares during the period. Aptus Capital Advisors LLC grew its holdings in Hawkins by 15.6% during the third quarter. Aptus Capital Advisors LLC now owns 60,235 shares of the specialty chemicals company’s stock valued at $7,678,000 after purchasing an additional 8,132 shares during the period. State of New Jersey Common Pension Fund D bought a new position in Hawkins during the third quarter valued at $2,021,000. Crossmark Global Holdings Inc. bought a new position in Hawkins during the third quarter valued at $229,000. Finally, SpiderRock Advisors LLC bought a new position in Hawkins during the third quarter valued at $685,000. 69.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, BWS Financial reissued a “neutral” rating and set a $122.00 price objective on shares of Hawkins in a report on Thursday, October 31st.

Hawkins Price Performance

Shares of NASDAQ HWKN opened at $123.60 on Friday. The stock has a market cap of $2.58 billion, a PE ratio of 31.61, a price-to-earnings-growth ratio of 4.35 and a beta of 0.77. Hawkins, Inc. has a fifty-two week low of $54.44 and a fifty-two week high of $135.61. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 2.27. The stock has a fifty day moving average of $122.04 and a 200-day moving average of $106.84.

Hawkins (NASDAQ:HWKN) last announced its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.02). The company had revenue of $247.03 million during the quarter, compared to analysts’ expectations of $259.59 million. Hawkins had a net margin of 8.74% and a return on equity of 19.64%. Equities research analysts anticipate that Hawkins, Inc. will post 4.12 earnings per share for the current year.

Hawkins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, November 15th. Hawkins’s dividend payout ratio (DPR) is presently 18.41%.

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.