Bessemer Group Inc. raised its position in shares of Hawkins, Inc. (NASDAQ:HWKN) by 58.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,400 shares of the specialty chemicals company’s stock after purchasing an additional 6,800 shares during the period. Bessemer Group Inc. owned 0.17% of Hawkins worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bank of Montreal Can grew its holdings in Hawkins by 3.9% during the fourth quarter. Bank of Montreal Can now owns 7,400 shares of the specialty chemicals company’s stock valued at $303,000 after purchasing an additional 280 shares during the period. Algert Global LLC grew its holdings in Hawkins by 6.4% during the fourth quarter. Algert Global LLC now owns 6,515 shares of the specialty chemicals company’s stock valued at $267,000 after purchasing an additional 390 shares during the period. Crossmark Global Holdings Inc. grew its holdings in Hawkins by 8.1% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,843 shares of the specialty chemicals company’s stock valued at $239,000 after purchasing an additional 440 shares during the period. Arizona State Retirement System grew its holdings in Hawkins by 6.2% during the fourth quarter. Arizona State Retirement System now owns 14,859 shares of the specialty chemicals company’s stock valued at $608,000 after purchasing an additional 874 shares during the period. Finally, Legal & General Group Plc grew its holdings in Hawkins by 9.0% during the third quarter. Legal & General Group Plc now owns 20,715 shares of the specialty chemicals company’s stock valued at $852,000 after purchasing an additional 1,716 shares during the period. 58.18% of the stock is owned by institutional investors and hedge funds.

Hawkins stock opened at $39.39 on Friday. Hawkins, Inc. has a one year low of $30.55 and a one year high of $44.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.68 and a quick ratio of 1.40. The firm has a market capitalization of $420.76 million, a PE ratio of 19.90 and a beta of 0.85.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings results on Wednesday, February 6th. The specialty chemicals company reported $0.39 EPS for the quarter. Hawkins had a positive return on equity of 10.22% and a negative net margin of 3.03%. The firm had revenue of $128.15 million during the quarter.

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Friday, February 22nd were issued a $0.23 dividend. This is a positive change from Hawkins’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date was Thursday, February 21st.

Separately, BidaskClub raised Hawkins from a “hold” rating to a “buy” rating in a report on Saturday, December 15th.

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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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Institutional Ownership by Quarter for Hawkins (NASDAQ:HWKN)

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