BlueStem Wealth Partners LLC Takes $289,000 Position in Hawkins, Inc. (NASDAQ:HWKN)

BlueStem Wealth Partners LLC acquired a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,360 shares of the specialty chemicals company’s stock, valued at approximately $289,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC grew 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 valued at $33,000 after purchasing an additional 259 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Hawkins by 155.4% during the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock valued at $44,000 after purchasing an additional 216 shares during the last quarter. TD Private Client Wealth LLC grew 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 purchasing an additional 325 shares during the last quarter. Farther Finance Advisors LLC grew its holdings 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, KBC Group NV grew its holdings in shares of Hawkins by 37.0% during 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 during the last quarter. Institutional investors own 69.71% of the company’s stock.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a report on Friday, January 31st.

Hawkins Trading Up 0.9 %

Shares of HWKN opened at $104.99 on Friday. The firm’s 50-day moving average price is $114.43 and its 200-day moving average price is $120.91. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 3.80 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, Inc. has a 1-year low of $68.43 and a 1-year high of $139.55.

Hawkins (NASDAQ:HWKN) last announced its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share 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%. Sell-side analysts anticipate that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, February 14th. Hawkins’s payout ratio is 18.37%.

Hawkins 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.