2,111 Shares in Hawkins, Inc. (NASDAQ:HWKN) Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. acquired a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,111 shares of the specialty chemicals company’s stock, valued at approximately $259,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ellsworth Advisors LLC raised its holdings in shares of Hawkins by 1.2% during the 3rd quarter. Ellsworth Advisors LLC now owns 7,560 shares of the specialty chemicals company’s stock worth $964,000 after buying an additional 89 shares in the last quarter. Creative Planning raised its stake in Hawkins by 7.3% during the second quarter. Creative Planning now owns 3,324 shares of the specialty chemicals company’s stock worth $302,000 after acquiring an additional 225 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Hawkins by 168.3% in the fourth quarter. Blue Trust Inc. now owns 373 shares of the specialty chemicals company’s stock worth $48,000 after acquiring an additional 234 shares during the last quarter. KBC Group NV boosted its stake in shares of Hawkins by 37.0% in the 4th quarter. KBC Group NV now owns 948 shares of the specialty chemicals company’s stock valued at $116,000 after purchasing an additional 256 shares in the last quarter. Finally, Larson Financial Group LLC increased its position in Hawkins by 8,633.3% during the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 259 shares in the last quarter. 69.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, BWS Financial reaffirmed a “neutral” rating and set a $122.00 target price on shares of Hawkins in a research note on Friday, January 31st.

Hawkins Price Performance

Hawkins stock opened at $110.39 on Friday. The stock has a 50-day moving average price of $118.68 and a two-hundred day moving average price of $121.46. Hawkins, Inc. has a 12 month low of $66.90 and a 12 month high of $139.55. The company has a market capitalization of $2.31 billion, a PE ratio of 28.16, a P/E/G ratio of 3.96 and a beta of 0.82. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. Analysts expect that Hawkins, Inc. will post 4.14 EPS for the current year.

Hawkins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.65%. Hawkins’s dividend payout ratio is 18.37%.

Hawkins Company 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.