Inspire Advisors LLC Sells 120 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Inspire Advisors LLC decreased its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,699 shares of the specialty chemicals company’s stock after selling 120 shares during the quarter. Inspire Advisors LLC’s holdings in Hawkins were worth $576,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HWKN. New York State Teachers Retirement System grew its position in shares of Hawkins by 0.7% in the 4th quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company’s stock valued at $1,659,000 after buying an additional 100 shares during the last quarter. Values First Advisors Inc. boosted its holdings in Hawkins by 1.4% in the fourth quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company’s stock valued at $1,479,000 after acquiring an additional 170 shares during the last quarter. Ellsworth Advisors LLC increased its position in Hawkins by 2.5% during the 4th quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company’s stock valued at $950,000 after purchasing an additional 187 shares during the period. Anchor Capital Advisors LLC increased its position in Hawkins by 1.5% during the 4th quarter. Anchor Capital Advisors LLC now owns 14,602 shares of the specialty chemicals company’s stock valued at $1,791,000 after purchasing an additional 214 shares during the period. Finally, Blue Trust Inc. raised its holdings in Hawkins by 155.4% during the 4th 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. 69.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Hawkins Stock Performance

Shares of Hawkins stock opened at $105.88 on Wednesday. The business has a 50-day moving average price of $111.42 and a two-hundred day moving average price of $120.08. Hawkins, Inc. has a 1-year low of $70.85 and a 1-year high of $139.55. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.22 billion, a P/E ratio of 27.01, a PEG ratio of 3.80 and a beta of 0.77.

Hawkins (NASDAQ:HWKN) last released its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. As a group, analysts anticipate that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.18 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.68%. Hawkins’s dividend payout ratio is currently 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.