BNP Paribas Financial Markets Has $1.39 Million Holdings in Hawkins, Inc. (NASDAQ:HWKN)

BNP Paribas Financial Markets grew its stake in Hawkins, Inc. (NASDAQ:HWKN) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,868 shares of the specialty chemicals company’s stock after buying an additional 378 shares during the quarter. BNP Paribas Financial Markets owned 0.05% of Hawkins worth $1,385,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC boosted its holdings in shares of Hawkins by 8,633.3% in the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 259 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Hawkins by 71.8% in the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock valued at $51,000 after buying an additional 168 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Hawkins by 289.2% in the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 347 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Hawkins in the third quarter worth $100,000. Finally, USA Financial Formulas lifted its position in shares of Hawkins by 35.1% in the third quarter. USA Financial Formulas now owns 885 shares of the specialty chemicals company’s stock worth $113,000 after purchasing an additional 230 shares in the last quarter. Institutional investors and hedge funds own 69.71% of the company’s stock.

Hawkins Stock Performance

Shares of HWKN stock opened at $135.21 on Monday. The company’s fifty day simple moving average is $126.03 and its 200-day simple moving average is $112.78. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.83 billion, a PE ratio of 34.58, a P/E/G ratio of 4.78 and a beta of 0.83. Hawkins, Inc. has a 12 month low of $54.44 and a 12 month high of $138.86.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.02). Hawkins had a return on equity of 19.64% and a net margin of 8.74%. The firm had revenue of $247.03 million for the quarter, compared to the consensus estimate of $259.59 million. Equities research analysts expect that Hawkins, Inc. will post 4.12 EPS for the current fiscal year.

Hawkins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, November 15th. Hawkins’s dividend payout ratio (DPR) is currently 18.41%.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a “neutral” rating and issued a $122.00 price objective on shares of Hawkins in a research report on Thursday, October 31st.

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.