Sidoti Equities Analysts Cut Earnings Estimates for Hawkins

Hawkins, Inc. (NASDAQ:HWKN) – Equities researchers at Sidoti reduced their Q3 2027 earnings per share estimates for shares of Hawkins in a research note issued on Friday, October 30th. Sidoti analyst D. Harriman now forecasts 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 posted its quarterly earnings results on Monday, October 26th. The specialty chemicals company reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.15. The business had revenue of $313.82 million during the quarter, compared to analyst estimates of $302.70 million. Hawkins had a net margin of 7.53% and a return on equity of 15.97%.

HWKN has been the topic of several other research reports. BWS Financial reiterated a “buy” rating and issued a $200.00 price objective on shares of Hawkins in a research note on Tuesday, October 27th. Zacks Research raised shares of Hawkins from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 28th. Weiss Ratings upgraded shares of Hawkins from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, September 21st. Finally, Barclays set a $157.00 price target on shares of Hawkins and gave the company an “equal weight” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Hawkins currently has a consensus rating of “Hold” and an average target price of $178.50.

Hawkins Stock Performance

Shares of HWKN opened at $152.85 on Monday. The company’s 50 day moving average price is $130.10 and its 200 day moving average price is $143.12. Hawkins has a 52 week low of $116.04 and a 52 week high of $174.12. The company has a market capitalization of $3.18 billion, a PE ratio of 37.10, a PEG ratio of 3.03 and a beta of 0.72. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.46 and a current ratio of 2.28.

Institutional Trading of Hawkins

Several large investors have recently added to or reduced their stakes in the business. Guidance Capital Inc. grew its holdings in Hawkins by 2.6% during the third quarter. Guidance Capital Inc. now owns 4,502 shares of the specialty chemicals company’s stock valued at $567,000 after purchasing an additional 115 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Hawkins by 1.1% in the third quarter. Commonwealth Equity Services LLC now owns 34,764 shares of the specialty chemicals company’s stock valued at $4,380,000 after purchasing an additional 384 shares during the period. Ascent Group LLC raised its position in shares of Hawkins by 1.2% in the third quarter. Ascent Group LLC now owns 31,193 shares of the specialty chemicals company’s stock valued at $3,930,000 after purchasing an additional 376 shares during the period. Bridge City Capital LLC lifted its stake in shares of Hawkins by 21.5% in the third quarter. Bridge City Capital LLC now owns 27,617 shares of the specialty chemicals company’s stock worth $3,480,000 after buying an additional 4,880 shares during the last quarter. Finally, ProShare Advisors LLC lifted its stake in shares of Hawkins by 2,429.7% in the third quarter. ProShare Advisors LLC now owns 71,438 shares of the specialty chemicals company’s stock worth $9,001,000 after buying an additional 68,614 shares during the last quarter. 69.71% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Jeffrey P. Oldenkamp acquired 1,290 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were purchased at an average price of $119.00 per share, for a total transaction of $153,510.00. Following the completion of the acquisition, the chief financial officer owned 104,223 shares of the company’s stock, valued at approximately $12,402,537. This represents a 1.25% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Douglas A. Lange acquired 910 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was purchased at an average price of $118.75 per share, for a total transaction of $108,062.50. Following the acquisition, the vice president directly owned 28,169 shares of the company’s stock, valued at $3,345,068.75. The trade was a 3.34% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.70% of the stock is owned by insiders.

Hawkins Increases Dividend

The company 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 dividend of $0.20 per share. The ex-dividend date is Tuesday, November 10th. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. This is a positive change from Hawkins’s previous quarterly dividend of $0.19. Hawkins’s dividend payout ratio is presently 19.42%.

About Hawkins

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.