Hawkins (NASDAQ:HWKN) Posts Quarterly Earnings Results

Hawkins (NASDAQ:HWKN) announced its quarterly earnings data on Wednesday. The specialty chemicals company reported $1.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.04), FiscalAI reports. Hawkins had a return on equity of 15.63% and a net margin of 7.29%.The business had revenue of $315.68 million during the quarter, compared to the consensus estimate of $313.42 million.

Here are the key takeaways from Hawkins’ conference call:

• Record operating cash flow in Fiscal 2026 funded $167 million in acquisitions, $58 million in capital investments, and $16 million in dividends, while management said the company’s financial condition remains very strong.
• Hawkins expanded its operating scale to nearly 2.5 billion pounds of products moved, 66 locations across 28 states, more than 400 delivery trucks, and nearly 1,200 employees serving customers in 48 states.
• Management plans to continue investing in new Water Treatment Group branches and higher-margin businesses, while maintaining a prudent approach to capital expenditures and acquisitions.
• All eight director nominees were elected, and shareholders approved the ratification of Deloitte & Touche as auditor and the advisory vote on executive compensation; no shareholder questions were submitted.

Hawkins Trading Down 5.1%

Hawkins stock traded down $6.53 during trading hours on Friday, reaching $122.69. The stock had a trading volume of 144,016 shares, compared to its average volume of 165,442. The company has a fifty day simple moving average of $149.03 and a 200-day simple moving average of $150.09. Hawkins has a 52 week low of $117.98 and a 52 week high of $186.15. The stock has a market cap of $2.56 billion, a PE ratio of 31.78, a PEG ratio of 2.50 and a beta of 0.78. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.21 and a quick ratio of 1.46.

Hawkins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, August 14th. Hawkins’s dividend payout ratio (DPR) is 19.69%.

Institutional Trading of Hawkins

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in Hawkins by 9.0% during the 1st quarter. AQR Capital Management LLC now owns 12,331 shares of the specialty chemicals company’s stock valued at $1,306,000 after purchasing an additional 1,017 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Hawkins by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,499 shares of the specialty chemicals company’s stock worth $1,218,000 after buying an additional 494 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Hawkins by 9.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 52,778 shares of the specialty chemicals company’s stock worth $5,590,000 after buying an additional 4,400 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Hawkins by 83.2% during the first quarter. Jane Street Group LLC now owns 38,416 shares of the specialty chemicals company’s stock valued at $4,069,000 after buying an additional 17,447 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Hawkins by 50.3% during the second quarter. Invesco Ltd. now owns 282,349 shares of the specialty chemicals company’s stock valued at $40,122,000 after buying an additional 94,503 shares during the period. 69.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HWKN has been the topic of a number of analyst reports. Barclays set a $142.00 target price on shares of Hawkins and gave the stock an “equal weight” rating in a research report on Friday. Weiss Ratings lowered shares of Hawkins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $171.00.

Hawkins Company 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.