American Century Companies Inc. Has $32.83 Million Position in Hawkins, Inc. (NASDAQ:HWKN)

American Century Companies Inc. increased its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 22.4% in the second quarter, Holdings Channel.com reports. The firm owned 360,714 shares of the specialty chemicals company’s stock after buying an additional 66,109 shares during the quarter. American Century Companies Inc.’s holdings in Hawkins were worth $32,825,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arizona State Retirement System increased its holdings in shares of Hawkins by 1.9% during the second quarter. Arizona State Retirement System now owns 5,571 shares of the specialty chemicals company’s stock worth $507,000 after buying an additional 103 shares in the last quarter. Morgan Dempsey Capital Management LLC raised its position in Hawkins by 5.1% in the second quarter. Morgan Dempsey Capital Management LLC now owns 2,629 shares of the specialty chemicals company’s stock valued at $239,000 after purchasing an additional 127 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Hawkins by 3.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,567 shares of the specialty chemicals company’s stock valued at $351,000 after purchasing an additional 132 shares in the last quarter. Anchor Capital Advisors LLC boosted its position in Hawkins by 0.6% during the 1st quarter. Anchor Capital Advisors LLC now owns 22,505 shares of the specialty chemicals company’s stock worth $1,728,000 after buying an additional 139 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in shares of Hawkins by 2.1% during the second quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the specialty chemicals company’s stock worth $874,000 after purchasing an additional 200 shares during the period. Institutional investors own 69.71% of the company’s stock.

Hawkins Trading Up 2.2 %

NASDAQ HWKN opened at $120.26 on Wednesday. Hawkins, Inc. has a 12 month low of $53.64 and a 12 month high of $127.35. The company has a current ratio of 2.27, a quick ratio of 1.44 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $2.52 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 3.94 and a beta of 0.74. The business’s 50-day moving average price is $114.00 and its two-hundred day moving average price is $92.46.

Hawkins (NASDAQ:HWKN) last released its earnings results on Wednesday, July 31st. The specialty chemicals company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.37. Hawkins had a net margin of 8.75% and a return on equity of 20.16%. The business had revenue of $255.88 million during the quarter, compared to the consensus estimate of $254.30 million. On average, analysts expect that Hawkins, Inc. will post 4.14 EPS for the current year.

Hawkins Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date was Friday, August 16th. This is an increase from Hawkins’s previous quarterly dividend of $0.16. Hawkins’s payout ratio is presently 20.06%.

About Hawkins

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.