Hawkins (NASDAQ:HWKN) Releases Earnings Results, Misses Expectations By $0.04 EPS

Hawkins (NASDAQ:HWKN) announced its quarterly earnings data on Wednesday. The specialty chemicals company reported $1.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.04), FiscalAI reports. Hawkins had a net margin of 7.53% and a return on equity of 16.08%. The firm had revenue of $315.68 million during the quarter, compared to analysts’ expectations of $313.42 million.

Here are the key takeaways from Hawkins’ conference call:

• Record operating cash flow in Fiscal 2026 funded $167 million in acquisitions, $58 million in capital investments, and $16 million in dividends, while management said the company’s financial condition remains very strong.
• Hawkins expanded its operating scale to nearly 2.5 billion pounds of products moved, 66 locations across 28 states, more than 400 delivery trucks, and nearly 1,200 employees serving customers in 48 states.
• Management plans to continue investing in new Water Treatment Group branches and higher-margin businesses, while maintaining a prudent approach to capital expenditures and acquisitions.
• All eight director nominees were elected, and shareholders approved the ratification of Deloitte & Touche as auditor and the advisory vote on executive compensation; no shareholder questions were submitted.

Hawkins Trading Down 3.1%

NASDAQ HWKN traded down $4.42 during trading hours on Wednesday, reaching $138.60. The company had a trading volume of 135,392 shares, compared to its average volume of 164,517. The stock has a 50-day moving average of $149.83 and a 200 day moving average of $150.40. Hawkins has a 1-year low of $117.98 and a 1-year high of $186.15. The company has a current ratio of 2.21, a quick ratio of 1.46 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $2.90 billion, a P/E ratio of 35.45, a price-to-earnings-growth ratio of 2.53 and a beta of 0.78.

Hawkins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, May 29th. Hawkins’s payout ratio is 19.44%.

Institutional Investors Weigh In On Hawkins

Institutional investors have recently made changes to their positions in the stock. Quantinno Capital Management LP raised its stake in shares of Hawkins by 0.9% in the second quarter. Quantinno Capital Management LP now owns 13,618 shares of the specialty chemicals company’s stock valued at $1,935,000 after acquiring an additional 124 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Hawkins during the 4th quarter worth $29,000. California State Teachers Retirement System grew its stake in Hawkins by 1.2% during the 2nd quarter. California State Teachers Retirement System now owns 18,328 shares of the specialty chemicals company’s stock worth $2,604,000 after purchasing an additional 224 shares in the last quarter. Simplex Trading LLC increased its holdings in Hawkins by 246.0% during the 4th quarter. Simplex Trading LLC now owns 346 shares of the specialty chemicals company’s stock worth $49,000 after purchasing an additional 246 shares during the period. Finally, Stifel Financial Corp increased its holdings in Hawkins by 2.3% during the 4th quarter. Stifel Financial Corp now owns 14,112 shares of the specialty chemicals company’s stock worth $2,005,000 after purchasing an additional 316 shares during the period. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HWKN shares. Barclays set a $170.00 price target on shares of Hawkins and gave the company an “equal weight” rating in a research note on Tuesday, June 30th. Weiss Ratings cut Hawkins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $185.00.

Hawkins Company Profile

Hawkins, Inc (NASDAQ: HWKN) is a specialty chemical company that produces and distributes water-treatment and industrial chemicals across North America. Founded in 1938 and headquartered in Roseville, Minnesota, the company has built a network of manufacturing facilities and distribution centers that serve municipal, industrial and commercial customers. As a publicly traded entity, Hawkins leverages its long-standing presence in the chemical distribution industry to provide tailored solutions for complex water-treatment challenges and specialty chemical needs.

Hawkins’ product portfolio encompasses a wide range of chemicals, including sodium hypochlorite, sodium hydroxide, hydrogen peroxide, chlorine, acids and specialty blends.