Hawkins, Inc. distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries. Headquartered in Roseville, Minnesota, and with 41 facilities in 19 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications.
Company profile
Ticker
HWKN
Exchange
Website
CEO
Patrick Hawkins
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HAWKINS CHEMICAL INC
SEC CIK
Corporate docs
Subsidiaries
Stauber Holdings, Inc. • NAPCO Chemical Company, Inc. ...
IRS number
410771293
HWKN stock data
Calendar
4 Aug 22
19 Aug 22
28 Mar 23
Financial summary
| Quarter (USD) | Jul 22 | Apr 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Apr 22 | Mar 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 6M | 6M | 6M | 6M | 6M | 6M |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 3.13M | (no burn) |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 4.92M | n/a |
| Cash remaining | n/a | n/a | n/a | n/a | 1.08M | n/a |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 0.3 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Aug 22 | Mary J. Schumacher | Common Stock | Grant | Acquire A | No | No | 0 | 1,795 | 0 | 23,066 |
| 4 Aug 22 | James A Faulconbridge | Common Stock | Grant | Acquire A | No | No | 0 | 1,795 | 0 | 35,296 |
| 4 Aug 22 | James T Thompson | Common Stock | Grant | Acquire A | No | No | 0 | 1,795 | 0 | 35,084 |
| 4 Aug 22 | Jeffrey L Wright | Common Stock | Grant | Acquire A | No | No | 0 | 1,795 | 0 | 39,084 |
| 4 Aug 22 | Spethmann Jeffrey E | Common Stock | Grant | Acquire A | No | No | 0 | 1,795 | 0 | 2,800 |
Institutional ownership, Q2 2022
60.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 142 |
| Opened positions | 10 |
| Closed positions | 25 |
| Increased positions | 43 |
| Reduced positions | 59 |
| 13F shares | Current |
|---|---|
| Total value | 455.58M |
| Total shares | 12.65M |
| Total puts | 0 |
| Total calls | 7.1K |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.41M | $122.73M |
| Vanguard | 1.46M | $52.5M |
| Dimensional Fund Advisors | 1.13M | $40.71M |
| TROW T. Rowe Price | 1.09M | $39.36M |
| STT State Street | 679.66K | $24.49M |
| Geode Capital Management | 338.75K | $12.21M |
| NTRS Northern Trust | 250.96K | $9.04M |
| BK Bank Of New York Mellon | 242.08K | $8.72M |
| Charles Schwab Investment Management | 218.4K | $7.87M |
| Allspring Global Investments | 196.76K | $7.09M |
Financial report summary
?Risks
- The insurance that we maintain may not fully cover all potential exposures.
- Impairment to the carrying value of our goodwill or other intangible assets could adversely affect our financial condition and consolidated results of operations.
Management Discussion
- ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- We have omitted discussion of the earliest of the three years covered by our consolidated financial statements presented in this report because that disclosure was already included in our Annual Report on Form 10-K for fiscal 2021, filed with the SEC on June 2, 2021. You are encouraged to reference Part II, Item 7, within that report, for a discussion of our financial condition and results of operations for fiscal 2020 compared to fiscal 2021.
- We derive substantially all of our revenues from the sale of specialty chemicals and ingredients that we formulate, distribute, blend and manufacture for our Industrial, Water Treatment and Health and Nutrition customers.
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Good
|
|
New words:
August, geographic, July, notional, reach, refinanced, shift, SOFR, speculative, swap, underlying, yield
Removed:
active, ADC, adjacent, adjusted, administration, agricultural, alternative, American, amortization, Aqua, area, Benchmark, blended, branch, bring, building, chain, classify, consent, continue, continued, convention, Corporation, corroborated, determining, drinking, eased, effect, effected, Eldridge, equivalent, essential, estimate, expansion, feet, flexibility, focused, home, ICE, identical, imperative, implemented, infrastructure, intended, Iowa, jointly, Kentucky, LC, lender, LIBOR, longer, Louisiana, lower, maintaining, Minnesota, Missouri, nominal, November, objection, office, operate, output, pandemic, participant, pharmaceutical, phase, prevailing, protective, public, qualified, rail, reliable, relocated, retroactive, Rosemount, safe, school, serve, shelter, split, square, St, stay, stringent, successor, supply, support, supported, syndicated, Tennessee, travel, Unobservable, utilized, world
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
8 Aug 22
8-K
Hawkins, Inc. Reports First Quarter Fiscal 2023 Results
4 Aug 22
8-K
Hawkins, Inc. Reports Fourth Quarter and Fiscal Year 2022 Results
18 May 22
8-K
Entry into a Material Definitive Agreement
31 Mar 22
8-K
Hawkins, Inc. Reports Third Quarter Fiscal 2022 Results
2 Feb 22
8-K
Departure of Directors or Certain Officers
29 Oct 21
8-K
Hawkins, Inc. Reports Second Quarter Fiscal 2022 Results
27 Oct 21
8-K
Submission of Matters to a Vote of Security Holders
2 Aug 21
8-K
Hawkins, Inc. Reports First Quarter Fiscal 2022 Results
29 Jul 21
8-K
Hawkins, Inc. Reports Fourth Quarter and Fiscal 2021 Results
20 May 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Nov 19
S-8
Registration of securities for employees
1 Nov 19
S-8
Registration of securities for employees
2 Nov 18
S-8
Registration of securities for employees
5 Jun 11
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Jun 11
S-8
Registration of securities for employees
10 Mar 11
S-8
Registration of securities for employees
1 Mar 05
S-8
Registration of securities for employees
2 May 02
Other
UPLOAD
Letter from SEC
18 Jun 09
CORRESP
Correspondence with SEC
17 Jun 09
UPLOAD
Letter from SEC
16 Jun 09
UPLOAD
Letter from SEC
25 Mar 09
CORRESP
Correspondence with SEC
8 Mar 09
UPLOAD
Letter from SEC
22 Feb 09
UPLOAD
Letter from SEC
15 May 07
CORRESP
Correspondence with SEC
13 May 07
UPLOAD
Letter from SEC
8 May 07
CORRESP
Correspondence with SEC
24 Apr 07
Ownership
4
HAWKINS / Daniel J Stauber ownership change
8 Aug 22
4
HAWKINS / Yi Tang ownership change
8 Aug 22
4
HAWKINS / Jeffrey E Spethmann ownership change
8 Aug 22
4
HAWKINS / JEFFREY L WRIGHT ownership change
8 Aug 22
4
HAWKINS / JAMES T THOMPSON ownership change
8 Aug 22
4
HAWKINS / Mary J. Schumacher ownership change
8 Aug 22
4
HAWKINS / James A Faulconbridge ownership change
8 Aug 22
4
HAWKINS / Douglas A. Lange ownership change
23 May 22
4
HAWKINS / David J. Mangine ownership change
20 May 22
4
HAWKINS / Drew M. Grahek ownership change
20 May 22
Reddit threads
Daily Discussion Thread - August 18th, 2022
18 Aug 22
Daily Discussion Thread - August 17th, 2022
17 Aug 22
Daily Discussion Thread - August 16th, 2022
16 Aug 22
Daily Discussion Thread - August 15th, 2022
15 Aug 22
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Daily Discussion Thread - June 2nd, 2022
2 Jun 22
Daily Discussion Thread - June 1st, 2022
1 Jun 22
Daily Discussion Thread - May 31st, 2022
31 May 22
Daily Discussion Thread - May 30th, 2022
30 May 22
Daily Discussion Thread - May 18th, 2022
18 May 22