Vanguard Group Inc. Boosts Holdings in Hawkins, Inc. $HWKN

Vanguard Group Inc. boosted its stake in Hawkins, Inc. (NASDAQ:HWKN) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,525,789 shares of the specialty chemicals company’s stock after purchasing an additional 20,958 shares during the quarter. Vanguard Group Inc. owned about 0.07% of Hawkins worth $216,754,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HWKN. First Horizon Corp purchased a new stake in Hawkins in the 3rd quarter worth $34,000. Sound Income Strategies LLC purchased a new stake in Hawkins in the 4th quarter worth $34,000. Aster Capital Management DIFC Ltd lifted its stake in Hawkins by 62.2% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 300 shares of the specialty chemicals company’s stock worth $55,000 after purchasing an additional 115 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Hawkins by 694.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 405 shares of the specialty chemicals company’s stock worth $74,000 after purchasing an additional 354 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Hawkins in the 3rd quarter worth $79,000. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Hawkins Stock Up 0.1%

Shares of NASDAQ HWKN opened at $167.16 on Friday. The firm’s 50-day moving average price is $152.07 and its 200-day moving average price is $146.04. The company has a current ratio of 2.35, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 42.32, a P/E/G ratio of 3.20 and a beta of 0.81. Hawkins, Inc. has a 12-month low of $115.35 and a 12-month high of $186.15.

Wall Street Analysts Forecast Growth

HWKN has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hawkins in a research note on Friday, April 10th. BWS Financial reaffirmed a “buy” rating and set a $200.00 price objective on shares of Hawkins in a report on Monday, March 23rd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $200.00.

Hawkins 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.