De Lisle Partners LLP Has $11.68 Million Stock Holdings in Hawkins, Inc. $HWKN

De Lisle Partners LLP trimmed its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN) by 15.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,119 shares of the specialty chemicals company’s stock after selling 15,300 shares during the period. Hawkins comprises 1.5% of De Lisle Partners LLP’s holdings, making the stock its 12th largest position. De Lisle Partners LLP owned approximately 0.39% of Hawkins worth $11,675,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sound Income Strategies LLC acquired a new position in shares of Hawkins during the 4th quarter worth about $34,000. Aster Capital Management DIFC Ltd boosted its stake in shares of Hawkins by 62.2% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 300 shares of the specialty chemicals company’s stock worth $55,000 after buying an additional 115 shares during the last quarter. Simplex Trading LLC boosted its stake in shares of Hawkins by 246.0% during the 4th quarter. Simplex Trading LLC now owns 346 shares of the specialty chemicals company’s stock worth $49,000 after buying an additional 246 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Hawkins in the 3rd quarter valued at about $79,000. Finally, iSAM Funds UK Ltd acquired a new stake in Hawkins in the 3rd quarter valued at about $102,000. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Hawkins Trading Up 0.9%

Shares of HWKN stock opened at $158.34 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.21 and a debt-to-equity ratio of 0.46. Hawkins, Inc. has a 12-month low of $117.98 and a 12-month high of $186.15. The firm has a 50 day moving average price of $157.54 and a two-hundred day moving average price of $149.07. The company has a market capitalization of $3.30 billion, a PE ratio of 40.50, a price-to-earnings-growth ratio of 2.83 and a beta of 0.76.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings results on Wednesday, May 13th. The specialty chemicals company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). Hawkins had a net margin of 7.53% and a return on equity of 16.08%. The business had revenue of $265.91 million during the quarter, compared to analyst estimates of $255.28 million. As a group, analysts predict that Hawkins, Inc. will post 4.27 earnings per share for the current year.

Hawkins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, May 29th. Hawkins’s payout ratio is presently 19.44%.

Analysts Set New Price Targets

HWKN has been the subject of several recent analyst reports. Weiss Ratings downgraded shares of Hawkins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. BWS Financial reiterated a “buy” rating and issued a $200.00 target price on shares of Hawkins in a research note on Monday, March 23rd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $200.00.

Hawkins Profile

Hawkins, Inc (NASDAQ: HWKN) is a specialty chemical company that produces and distributes water-treatment and industrial chemicals across North America. Founded in 1938 and headquartered in Roseville, Minnesota, the company has built a network of manufacturing facilities and distribution centers that serve municipal, industrial and commercial customers. As a publicly traded entity, Hawkins leverages its long-standing presence in the chemical distribution industry to provide tailored solutions for complex water-treatment challenges and specialty chemical needs.

Hawkins’ product portfolio encompasses a wide range of chemicals, including sodium hypochlorite, sodium hydroxide, hydrogen peroxide, chlorine, acids and specialty blends.