Hawkins (HWKN) Shares Rise 12% After-Hours: Here's Why

Hawkins Inc (NASDAQ:HWKN) shares rose 11.74% to $151.34 in after-hours trading Monday after the company reported record second-quarter fiscal 2027 results, with revenue increasing 12% and diluted earnings per share climbing 23%.

Hawkins is a water treatment and specialty ingredients company serving the water treatment, food and health sciences, and industrial solutions markets.

Hawkins Reports Record Second-Quarter Results

Hawkins reported revenue of $313.8 million for the second quarter of fiscal 2027, an increase of 12% from $280.4 million in the same period last year. Organic sales growth was 11%, with all three business segments recording higher sales.

Net income increased 23% to $27.8 million, compared with $22.6 million a year earlier. Diluted earnings per share rose to $1.34 from $1.08, while gross profit increased 13% to $76.6 million.

The Water Treatment segment led growth, with sales increasing 16% to $175 million. Food & Health Sciences revenue rose 5% to $76.7 million, while Industrial Solutions sales increased 10% to $62.2 million.

Adjusted EBITDA, a measure of operating performance, increased 16% to $59.1 million.

CEO Patrick Hawkins said the results reflected the company’s business model and growth across all three segments. The company also highlighted acquisitions that expanded its Water Treatment operations in Florida and the Dallas-Fort Worth region.

Hawkins Declares Quarterly Dividend

Separately, Hawkins declared a quarterly cash dividend of $0.20 per share, payable on Nov. 25 to shareholders of record at the close of business on Nov. 11. The company said it has consistently paid dividends since 1985.

Trading Metrics, Technical Analysis

Hawkins has a market capitalization of approximately $2.83 billion.

Over the past year, the stock has traded between a 52-week high of $173 and a 52-week low of $116.05.

The shares have fallen 20.13% over a 12-month period.

Benzinga’s Edge Stock Rankings indicate a positive price trend in the short term and negative trends in the medium and long term.

Price Action: In the regular session, Hawkins shares fell 2.36% to close at $135.44 on Monday.

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