Sidoti Analysts Reduce Earnings Estimates for Hawkins

Hawkins, Inc. (NASDAQ:HWKN) – Research analysts at Sidoti cut their Q3 2027 earnings per share (EPS) estimates for Hawkins in a research note issued on Friday, October 30th. Sidoti analyst D. Harriman now expects that the specialty chemicals company will post earnings of $0.71 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for Hawkins’ current full-year earnings is $4.19 per share. Sidoti also issued estimates for Hawkins’ Q4 2027 earnings at $0.75 EPS, FY2027 earnings at $4.15 EPS, Q1 2028 earnings at $1.54 EPS, Q2 2028 earnings at $1.52 EPS, Q3 2028 earnings at $0.90 EPS and Q4 2028 earnings at $1.04 EPS.

Hawkins (NASDAQ:HWKN) last announced its earnings results on Monday, October 26th. The specialty chemicals company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.15. The company had revenue of $313.82 million for the quarter, compared to the consensus estimate of $302.70 million. Hawkins had a return on equity of 15.97% and a net margin of 7.53%.

HWKN has been the topic of a number of other research reports. BWS Financial reissued a “buy” rating and set a $200.00 price objective on shares of Hawkins in a report on Tuesday, October 27th. Zacks Research raised shares of Hawkins from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 28th. Weiss Ratings upgraded shares of Hawkins from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, September 21st. Finally, Barclays set a $157.00 price target on Hawkins and gave the stock an “equal weight” rating in a research note on Thursday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hawkins currently has an average rating of “Hold” and an average price target of $178.50.

Hawkins Price Performance

Shares of NASDAQ HWKN opened at $152.11 on Monday. The firm has a market capitalization of $3.16 billion, a P/E ratio of 36.92, a PEG ratio of 3.15 and a beta of 0.74. Hawkins has a one year low of $116.04 and a one year high of $174.12. The company’s fifty day moving average is $129.39 and its two-hundred day moving average is $143.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.54 and a current ratio of 2.28.

Institutional Investors Weigh In On Hawkins

Several hedge funds have recently modified their holdings of HWKN. BOKF NA boosted its position in shares of Hawkins by 5.6% in the third quarter. BOKF NA now owns 1,835 shares of the specialty chemicals company’s stock worth $231,000 after acquiring an additional 97 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Hawkins by 6.1% in the first quarter. Sanctuary Advisors LLC now owns 2,371 shares of the specialty chemicals company’s stock valued at $364,000 after purchasing an additional 137 shares during the period. Gibbs Wealth Management grew its holdings in Hawkins by 4.8% in the third quarter. Gibbs Wealth Management now owns 3,158 shares of the specialty chemicals company’s stock valued at $398,000 after purchasing an additional 146 shares during the period. Focus Financial Network Inc. increased its position in Hawkins by 5.8% during the second quarter. Focus Financial Network Inc. now owns 3,044 shares of the specialty chemicals company’s stock worth $433,000 after purchasing an additional 168 shares during the last quarter. Finally, Inspire Investing LLC increased its position in Hawkins by 4.0% during the third quarter. Inspire Investing LLC now owns 5,032 shares of the specialty chemicals company’s stock worth $634,000 after purchasing an additional 194 shares during the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hawkins

In related news, CFO Jeffrey P. Oldenkamp acquired 1,290 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average price of $119.00 per share, for a total transaction of $153,510.00. Following the transaction, the chief financial officer owned 104,223 shares in the company, valued at $12,402,537. This trade represents a 1.25% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Douglas A. Lange acquired 910 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average price of $118.75 per share, with a total value of $108,062.50. Following the transaction, the vice president owned 28,169 shares in the company, valued at $3,345,068.75. This represents a 3.34% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.70% of the stock is owned by corporate insiders.

Hawkins Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Hawkins’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, November 10th. Hawkins’s payout ratio is presently 19.42%.

Hawkins Company Profile

Hawkins, Inc (NASDAQ:HWKN) is a chemical manufacturer, blender and distributor serving customers across the United States. The company supplies a range of water treatment chemicals, industrial chemicals and specialty products to municipal, commercial and industrial users.

Its water treatment business provides chemicals and related solutions used in drinking water, wastewater and industrial water treatment applications. Hawkins also serves the industrial, health and nutrition, and specialty chemical markets, offering products such as chemical blends, custom formulations and other materials used in manufacturing, agriculture, food processing and pharmaceutical applications.

Founded in 1938, Hawkins is headquartered in Roseville, Minnesota, and operates through a network of manufacturing, blending, distribution and sales locations in the United States.