Segall Bryant & Hamill LLC Increases Position in Hawkins, Inc. (NASDAQ:HWKN)

Segall Bryant & Hamill LLC grew its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN) by 33.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,829 shares of the specialty chemicals company’s stock after purchasing an additional 16,136 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.30% of Hawkins worth $6,761,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wasatch Advisors LP purchased a new stake in Hawkins during the fourth quarter worth approximately $42,466,000. Raymond James Financial Inc. acquired a new stake in Hawkins in the 4th quarter valued at $13,087,000. Vaughan Nelson Investment Management L.P. grew its stake in shares of Hawkins by 37.6% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 350,722 shares of the specialty chemicals company’s stock worth $37,148,000 after purchasing an additional 95,885 shares during the period. Bessemer Group Inc. raised its holdings in Hawkins by 157,110.0% during the first quarter. Bessemer Group Inc. now owns 94,326 shares of the specialty chemicals company’s stock worth $9,991,000 after acquiring an additional 94,266 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Hawkins by 900.2% during the fourth quarter. Cerity Partners LLC now owns 82,576 shares of the specialty chemicals company’s stock worth $10,166,000 after buying an additional 74,320 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HWKN. BWS Financial restated a “buy” rating and issued a $160.00 target price on shares of Hawkins in a research note on Thursday, May 15th. Wall Street Zen downgraded shares of Hawkins from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Finally, CJS Securities initiated coverage on shares of Hawkins in a report on Tuesday, April 1st. They issued a “market outperform” rating and a $125.00 price objective on the stock.

Hawkins Price Performance

Shares of HWKN opened at $163.59 on Friday. The company has a 50 day moving average of $138.10 and a 200-day moving average of $121.36. Hawkins, Inc. has a twelve month low of $98.30 and a twelve month high of $165.87. The stock has a market capitalization of $3.41 billion, a P/E ratio of 40.49, a P/E/G ratio of 2.67 and a beta of 0.85. The company has a quick ratio of 1.37, a current ratio of 2.15 and a debt-to-equity ratio of 0.30.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, May 14th. The specialty chemicals company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. Hawkins had a return on equity of 18.93% and a net margin of 8.66%. The company had revenue of $245.32 million for the quarter, compared to analysts’ expectations of $230.69 million. As a group, equities research analysts forecast that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Friday, May 30th. Hawkins’s dividend payout ratio (DPR) is 17.82%.

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.