Hawkins, Inc. (HWKN) AI Stock Analysis

Established in 1938 and based in Roseville, Minnesota, Hawkins, Inc. operates across three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment provides chemical storage, distribution, custom blending, acids, alkalis, food-grade salts, and pharmaceutical ingredients to agriculture, chemical processing, electronics, energy, food, and plating clients. The Water Treatment segment supplies chemicals, equipment, and customized solutions for municipal, industrial, and agricultural potable water, process water, and wastewater needs. The Health and Nutrition segment distributes, processes, and formulates ingredients for nutraceutical, functional food and beverage, personal care, and dietary supplement manufacturers.

Hawkins increased revenue from $774.5M in FY2022 to $1.08B in FY2026, delivering a five-year revenue CAGR of 12.7%. Annual revenue rose 11.2% in FY2026, but gross margin fell to 20.6% and operating margin dropped to 10.6% compared to 12.4% in FY2025. Consequently, FY2026 net income declined to $81.5M and EPS fell to $3.96. Over the trailing twelve months, revenue reached $1.11B with an operating margin of 12.2% and EPS of $3.86. In the quarter ended June 30, 2026, revenue increased 7.6% year-over-year, while quarterly earnings declined 3.6%.

As of June 30, 2026, Hawkins held $8.0M in cash and short-term investments against $260.7M in total debt, leaving net debt at $252.7M. Total assets stood at $1.01B and shareholders' equity was $548.2M, resulting in a debt-to-equity ratio of 0.48 and a current ratio of 2.27. In FY2026, operating cash flow was $144.3M and free cash flow was $86.1M. Capital allocation in FY2026 included $58.2M for capital expenditures, $15.7M for dividends paid, and $3.0M for share buybacks.

Hawkins trades at a trailing P/E of 34.1x, a forward P/E of 29.5x, and an EV/EBITDA of 24.8x. These multiples reflect a premium to the median of its US-listed Basic Materials peers, where trailing P/E is 19.7x, forward P/E is 13.4x, and EV/EBITDA is 10.5x. Over the past year, the stock fell 21.2%, underperforming the S&P 500 (SPY) return of 16.8%. Over five years, however, Hawkins gained 259.4% compared to 83.0% for the benchmark.

Hawkins pays an annual forward dividend of $0.80 per share, yielding 0.61% with a payout ratio of 19.9%. The company distributes dividends quarterly and has paid dividends for 42 consecutive years. Its dividend grew at an annualized rate of 9.7% over the past five years. The last ex-dividend date was August 14, 2026.

Wall Street coverage consists of 2 Buy ratings, 1 Hold rating, and 0 Sell ratings. The mean price target is $174.00, representing a 32.2% premium over the last close of $131.66. For the fiscal year ending March 31, 2027, consensus estimates forecast revenue of $1.17B and EPS of $4.11, up 4.0%. For the following year, 2 analysts project revenue of $1.26B and EPS of $4.68. Over the last four quarters, Hawkins has beaten EPS estimates once. The next earnings date is October 26, 2026.

This page is an AI-written research summary of Hawkins, Inc. (HWKN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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