Dimensional Fund Advisors LP raised its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 10.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 591,267 shares of the specialty chemicals company’s stock after buying an additional 55,430 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.52% of Hawkins worth $20,901,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Hawkins during the 2nd quarter worth about $140,000. Municipal Employees Retirement System of Michigan lifted its position in Hawkins by 47.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 5,280 shares of the specialty chemicals company’s stock worth $187,000 after acquiring an additional 1,690 shares in the last quarter. LPL Financial LLC acquired a new position in Hawkins during the 1st quarter worth approximately $341,000. First Trust Advisors LP lifted its position in Hawkins by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 10,776 shares of the specialty chemicals company’s stock worth $381,000 after acquiring an additional 1,633 shares in the last quarter. Finally, TD Asset Management Inc. acquired a new position in Hawkins during the 2nd quarter worth approximately $385,000. Institutional investors own 56.35% of the company’s stock.
HWKN has been the topic of several recent research reports. BidaskClub raised Hawkins from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 19th. TheStreet raised Hawkins from a “d+” rating to a “c-” rating in a research report on Monday, July 2nd. Finally, ValuEngine raised Hawkins from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd.
Hawkins stock opened at $35.26 on Friday. The company has a market cap of $444.03 million, a P/E ratio of 24.24 and a beta of 0.73. The company has a current ratio of 2.53, a quick ratio of 1.35 and a debt-to-equity ratio of 0.43. Hawkins, Inc. has a one year low of $30.55 and a one year high of $42.85.
Hawkins (NASDAQ:HWKN) last released its quarterly earnings results on Wednesday, August 1st. The specialty chemicals company reported $0.85 EPS for the quarter. The firm had revenue of $149.80 million for the quarter. Hawkins had a positive return on equity of 8.24% and a negative net margin of 1.13%.
Hawkins Company Profile
Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.
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