Hawkins, Inc. $HWKN Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its position in Hawkins, Inc. (NASDAQ:HWKN) by 4.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,021 shares of the specialty chemicals company’s stock after selling 4,556 shares during the period. Segall Bryant & Hamill LLC’s holdings in Hawkins were worth $13,520,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Hawkins by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 1,525,789 shares of the specialty chemicals company’s stock worth $216,754,000 after buying an additional 20,958 shares during the last quarter. State Street Corp lifted its position in shares of Hawkins by 11.6% during the 4th quarter. State Street Corp now owns 1,067,451 shares of the specialty chemicals company’s stock worth $151,642,000 after buying an additional 111,318 shares during the last quarter. Wasatch Advisors LP boosted its holdings in shares of Hawkins by 31.4% in the 4th quarter. Wasatch Advisors LP now owns 552,419 shares of the specialty chemicals company’s stock valued at $78,477,000 after buying an additional 131,850 shares in the last quarter. Geode Capital Management LLC lifted its position in Hawkins by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 513,535 shares of the specialty chemicals company’s stock valued at $72,965,000 after acquiring an additional 13,828 shares during the last quarter. Finally, Capital World Investors boosted its stake in Hawkins by 34.4% in the fourth quarter. Capital World Investors now owns 477,985 shares of the specialty chemicals company’s stock valued at $67,903,000 after acquiring an additional 122,366 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Hawkins Trading Down 0.9%

Shares of HWKN stock opened at $128.03 on Friday. The company has a market capitalization of $2.67 billion, a P/E ratio of 33.17, a price-to-earnings-growth ratio of 2.31 and a beta of 0.78. The company has a current ratio of 2.27, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $148.53 and its two-hundred day moving average is $149.93. Hawkins, Inc. has a twelve month low of $117.98 and a twelve month high of $186.15.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, July 29th. The specialty chemicals company reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.04). The company had revenue of $315.68 million for the quarter, compared to analyst estimates of $313.42 million. Hawkins had a return on equity of 15.42% and a net margin of 7.29%. Equities analysts forecast that Hawkins, Inc. will post 4.27 EPS for the current year.

Hawkins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $0.19 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.76 dividend on an annualized basis and a yield of 0.6%. Hawkins’s dividend payout ratio (DPR) is presently 19.69%.

Wall Street Analyst Weigh In

HWKN has been the subject of several research reports. Barclays set a $142.00 target price on Hawkins and gave the company an “equal weight” rating in a report on Friday. Weiss Ratings cut shares of Hawkins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Hawkins has a consensus rating of “Hold” and an average target price of $171.00.

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.