Aptus Capital Advisors LLC Buys 8,132 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Aptus Capital Advisors LLC boosted its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN) by 15.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 60,235 shares of the specialty chemicals company’s stock after acquiring an additional 8,132 shares during the period. Aptus Capital Advisors LLC owned 0.29% of Hawkins worth $7,678,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. State of New Jersey Common Pension Fund D acquired a new stake in Hawkins during the 3rd quarter worth $2,021,000. Crossmark Global Holdings Inc. acquired a new stake in Hawkins during the 3rd quarter worth $229,000. SpiderRock Advisors LLC acquired a new stake in Hawkins during the 3rd quarter worth $685,000. Farther Finance Advisors LLC grew its holdings in shares of Hawkins by 289.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock valued at $59,000 after buying an additional 347 shares during the period. Finally, Rice Hall James & Associates LLC acquired a new position in shares of Hawkins in the 3rd quarter valued at $4,016,000. Institutional investors and hedge funds own 69.71% of the company’s stock.

Hawkins Price Performance

Shares of NASDAQ HWKN opened at $126.67 on Wednesday. The firm has a market cap of $2.65 billion, a PE ratio of 32.40, a PEG ratio of 4.38 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. Hawkins, Inc. has a 1-year low of $54.44 and a 1-year high of $135.61. The company has a fifty day moving average price of $121.71 and a 200 day moving average price of $106.27.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.02). Hawkins had a return on equity of 19.64% and a net margin of 8.74%. The business 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, November 15th. This represents a $0.72 annualized dividend and a yield of 0.57%. Hawkins’s dividend payout ratio (DPR) is presently 18.41%.

Analyst Upgrades and Downgrades

Separately, BWS Financial reissued a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a report 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.