XTX Topco Ltd Increases Stock Holdings in Hawkins, Inc. (NASDAQ:HWKN)

XTX Topco Ltd increased its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 6.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,150 shares of the specialty chemicals company’s stock after acquiring an additional 311 shares during the quarter. XTX Topco Ltd’s holdings in Hawkins were worth $656,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its stake in Hawkins by 8,633.3% in the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 259 shares during the period. GAMMA Investing LLC raised 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 in the last quarter. Farther Finance Advisors LLC raised its holdings in Hawkins by 289.2% in the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 347 shares in the last quarter. SG Americas Securities LLC bought a new position in Hawkins in the third quarter worth $100,000. Finally, USA Financial Formulas raised its holdings in Hawkins by 35.1% in the third quarter. USA Financial Formulas now owns 885 shares of the specialty chemicals company’s stock worth $113,000 after purchasing an additional 230 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Hawkins Price Performance

HWKN opened at $132.57 on Friday. The stock has a fifty day simple moving average of $126.66 and a two-hundred day simple moving average of $113.70. 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 company has a market cap of $2.77 billion, a price-to-earnings ratio of 33.91, a price-to-earnings-growth ratio of 4.69 and a beta of 0.83. Hawkins, Inc. has a 12-month low of $54.44 and a 12-month high of $139.55.

Hawkins (NASDAQ:HWKN) last issued 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). Hawkins had a net margin of 8.74% and a return on equity of 19.64%. The company had revenue of $247.03 million for the quarter, compared to the consensus estimate of $259.59 million. Research analysts predict that Hawkins, Inc. will post 4.12 earnings per share for the current fiscal year.

Hawkins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.72 annualized dividend and a dividend yield of 0.54%. Hawkins’s payout ratio is presently 18.41%.

Analyst Upgrades and Downgrades

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

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.