Hawkins (NASDAQ:HWKN) Stock Price Up 4.7% – What’s Next?

Shares of Hawkins, Inc. (NASDAQ:HWKN) shot up 4.7% during mid-day trading on Monday . The stock traded as high as $111.72 and last traded at $111.94. 43,015 shares traded hands during trading, a decline of 75% from the average session volume of 169,527 shares. The stock had previously closed at $106.91.

Analyst Ratings Changes

Separately, BWS Financial reissued a “neutral” rating and set a $122.00 price objective on shares of Hawkins in a report on Friday.

Hawkins Stock Up 5.5 %

The company has a market capitalization of $2.36 billion, a PE ratio of 28.75, a PEG ratio of 3.71 and a beta of 0.82. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. The stock’s 50 day moving average is $123.20 and its 200 day moving average is $121.19.

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 return on equity of 18.95% and a net margin of 8.60%. On average, sell-side analysts anticipate that Hawkins, Inc. will post 4.12 EPS for the current fiscal year.

Hawkins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.64%. Hawkins’s dividend payout ratio (DPR) is currently 18.37%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Larson Financial Group LLC lifted its holdings in shares of 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 acquiring an additional 259 shares during the last quarter. Blue Trust Inc. lifted its stake in Hawkins by 155.4% during the fourth quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock worth $44,000 after purchasing an additional 216 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Hawkins by 71.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 168 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Hawkins by 289.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 347 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after buying an additional 325 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

About Hawkins

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.