Pinnacle Associates Ltd. Has $9.29 Million Position in Hexcel Corporation $HXL

Posted by Francis Steltz on May 15th, 2026

Hexcel logo Pinnacle Associates Ltd. trimmed its holdings in shares of Hexcel Corporation (NYSE:HXL – Free Report) by 5.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 125,756 shares of the aerospace company’s stock after selling 7,085 shares during the period. Pinnacle Associates Ltd.’s holdings in Hexcel were worth $9,293,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HXL. Alliancebernstein L.P. lifted its position in shares of Hexcel by 122.7% in the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after purchasing an additional 2,671,682 shares in the last quarter. State Street Corp increased its stake in Hexcel by 4.3% in the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after buying an additional 191,649 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Hexcel by 23.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock worth $169,168,000 after buying an additional 428,541 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Hexcel by 5.9% during the 2nd quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock valued at $129,002,000 after buying an additional 126,338 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in shares of Hexcel during the 3rd quarter valued at $123,233,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider directly owned 1,979 shares in the company, valued at $183,651.20. This represents a 43.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.84% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Truist Financial set a $94.00 target price on Hexcel in a research note on Friday, January 30th. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $60.00 to $95.00 in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. KeyCorp assumed coverage on shares of Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Wall Street Zen upgraded shares of Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $91.00.

Read Our Latest Stock Analysis on HXL

Hexcel Price Performance

Shares of HXL stock opened at $92.44 on Friday. Hexcel Corporation has a 12 month low of $50.54 and a 12 month high of $98.26. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79. The stock has a 50 day moving average of $85.86 and a two-hundred day moving average of $81.28. The company has a market capitalization of $6.97 billion, a P/E ratio of 60.82, a P/E/G ratio of 1.40 and a beta of 1.11.

Hexcel (NYSE:HXL – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.17. The firm had revenue of $501.50 million during the quarter, compared to analyst estimates of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts expect that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is 47.37%.

Hexcel Company Profile

(Free Report)

Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.

Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.