De Lisle Partners LLP Grows Position in Hawkins, Inc. (NASDAQ:HWKN)

De Lisle Partners LLP raised its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 39.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,024 shares of the specialty chemicals company’s stock after purchasing an additional 26,201 shares during the period. Hawkins accounts for 1.9% of De Lisle Partners LLP’s portfolio, making the stock its 11th largest position. De Lisle Partners LLP owned about 0.44% of Hawkins worth $11,745,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its holdings in shares of Hawkins by 3.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,868 shares of the specialty chemicals company’s stock worth $1,385,000 after purchasing an additional 378 shares during the period. FMR LLC increased its position in Hawkins by 20.9% during the 3rd quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company’s stock worth $32,663,000 after purchasing an additional 44,351 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Hawkins by 7.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,009 shares of the specialty chemicals company’s stock worth $1,403,000 after purchasing an additional 732 shares in the last quarter. Larson Financial Group LLC raised its holdings 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 valued at $33,000 after buying an additional 259 shares during the period. Finally, Cerity Partners LLC lifted its position in Hawkins by 5.9% during the third quarter. Cerity Partners LLC now owns 8,256 shares of the specialty chemicals company’s stock valued at $1,052,000 after buying an additional 460 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Hawkins Price Performance

Shares of NASDAQ HWKN opened at $133.39 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.27 and a quick ratio of 1.39. Hawkins, Inc. has a 1-year low of $54.44 and a 1-year high of $138.86. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 4.70 and a beta of 0.77. The business has a 50-day moving average of $123.88 and a 200-day moving average of $109.84.

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

Hawkins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued 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 of this dividend is Friday, November 15th. Hawkins’s payout ratio is 18.41%.

Wall Street Analyst Weigh In

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