Hawkins, Inc. (NASDAQ:HWKN) Shares Acquired by De Lisle Partners LLP

De Lisle Partners LLP boosted its stake in Hawkins, Inc. (NASDAQ:HWKN) by 39.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 92,024 shares of the specialty chemicals company’s stock after buying an additional 26,201 shares during the period. Hawkins comprises 1.9% of De Lisle Partners LLP’s portfolio, making the stock its 11th largest position. De Lisle Partners LLP’s holdings in Hawkins were worth $11,745,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Larson Financial Group LLC increased its holdings 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 valued at $33,000 after acquiring an additional 259 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Hawkins by 71.8% in the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 168 shares during the period. Farther Finance Advisors LLC increased its stake in Hawkins by 289.2% during the third 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 during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Hawkins during the third quarter worth $100,000. Finally, USA Financial Formulas lifted its position in shares of Hawkins by 35.1% in the 3rd quarter. USA Financial Formulas now owns 885 shares of the specialty chemicals company’s stock worth $113,000 after buying an additional 230 shares during the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Hawkins Trading Down 2.9 %

Shares of NASDAQ HWKN opened at $133.39 on Thursday. Hawkins, Inc. has a 12-month low of $54.44 and a 12-month high of $138.86. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 4.70 and a beta of 0.77. 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 stock’s 50 day simple moving average is $123.88 and its 200 day simple moving average is $109.84.

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

Hawkins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Friday, November 15th. Hawkins’s payout ratio is 18.41%.

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.