Ellsworth Advisors LLC Buys 187 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Ellsworth Advisors LLC increased its stake in Hawkins, Inc. (NASDAQ:HWKN) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,747 shares of the specialty chemicals company’s stock after purchasing an additional 187 shares during the period. Ellsworth Advisors LLC’s holdings in Hawkins were worth $950,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HWKN. Larson Financial Group LLC increased its stake 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 buying an additional 259 shares during the period. GAMMA Investing LLC increased its position 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 raised its holdings in Hawkins by 289.2% during the 3rd 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 during the last quarter. TD Private Client Wealth LLC raised its holdings in Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 325 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Hawkins during the 3rd quarter valued at about $100,000. Institutional investors and hedge funds own 69.71% of the company’s stock.

Hawkins Stock Performance

HWKN stock opened at $114.32 on Monday. Hawkins, Inc. has a twelve month low of $54.44 and a twelve month high of $139.55. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.39 billion, a P/E ratio of 29.24, a price-to-earnings-growth ratio of 3.81 and a beta of 0.84. The business’s fifty day moving average is $125.63 and its 200-day moving average is $119.95.

Hawkins (NASDAQ:HWKN) last released its 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 during the quarter, compared to analyst estimates of $259.59 million. Equities research analysts forecast that Hawkins, Inc. will post 4.12 EPS for the current year.

Hawkins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend was Friday, November 15th. Hawkins’s payout ratio is 18.41%.

Wall Street Analyst Weigh In

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

About Hawkins

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.