First Trust Advisors Reduces Stake in Hawkins, Inc.

Investment firm sells 48,265 shares of specialty chemicals company

Mar. 13, 2026 at 7:55am

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First Trust Advisors LP lowered its stake in Hawkins, Inc. (NASDAQ:HWKN) by 20% in the third quarter, according to a recent SEC filing. The firm now owns 192,632 shares of the specialty chemicals company's stock, down from 240,897 shares previously.

Why it matters

Hawkins is a leading producer and distributor of water treatment and industrial chemicals in North America. Changes in major institutional ownership can signal shifts in investor sentiment and future performance of the stock.

The details

First Trust Advisors sold 48,265 shares of Hawkins during the third quarter, reducing its total position to 192,632 shares. The firm previously owned approximately 0.92% of Hawkins' outstanding shares. Other institutional investors, including the New York State Common Retirement Fund and Envestnet Asset Management, also adjusted their Hawkins holdings during the quarter.

  • First Trust Advisors filed its 13F report for the third quarter of 2026 on March 13, 2026.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services, including mutual funds, exchange-traded funds, and separately managed accounts.

Hawkins, Inc.

A specialty chemical company that produces and distributes water treatment and industrial chemicals across North America. The company was founded in 1938 and is headquartered in Roseville, Minnesota.

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The takeaway

The reduction in First Trust Advisors' stake in Hawkins could signal a shift in investor sentiment towards the specialty chemicals company, though the overall reasons behind the move are unclear from the available information. Investors will likely monitor Hawkins' performance and any further changes in institutional ownership going forward.