Grandfield & Dodd LLC decreased its holdings in shares of Hexcel Corporation (NYSE:HXL – Free Report) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 327,116 shares of the aerospace company’s stock after selling 9,524 shares during the quarter. Hexcel makes up approximately 1.4% of Grandfield & Dodd LLC’s portfolio, making the stock its 25th biggest position. Grandfield & Dodd LLC’s holdings in Hexcel were worth $24,174,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its position in Hexcel by 122.7% during the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after buying an additional 2,671,682 shares during the period. State Street Corp increased its position in Hexcel by 4.3% during the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after buying an additional 191,649 shares during the period. Massachusetts Financial Services Co. MA increased its position in Hexcel by 23.0% during the fourth 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 during the period. Bank of America Corp DE increased its position in Hexcel by 5.9% during the second quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock worth $129,002,000 after buying an additional 126,338 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in Hexcel during the third quarter worth approximately $123,233,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Jefferies Financial Group reaffirmed a “hold” rating and set a $95.00 price target on shares of Hexcel in a research report on Sunday, April 26th. Wall Street Zen raised Hexcel from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $105.00 price target on shares of Hexcel in a research report on Friday, April 24th. KeyCorp assumed coverage on Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $79.00 price target on shares of Hexcel in a research report on Friday, April 24th. One equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $91.00.
Hexcel Trading Down 1.6%
NYSE:HXL opened at $89.62 on Friday. The firm has a market cap of $6.76 billion, a P/E ratio of 58.96, a PEG ratio of 1.36 and a beta of 1.11. 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’s 50 day simple moving average is $86.51 and its 200-day simple moving average is $82.49. Hexcel Corporation has a 12-month low of $51.59 and a 12-month high of $98.26.
Hexcel (NYSE:HXL – Get Free Report) last released its earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.17. The business had revenue of $501.50 million for the quarter, compared to analyst estimates of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts anticipate that Hexcel Corporation will post 2.24 EPS for the current year.
Hexcel Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a $0.18 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Hexcel’s payout ratio is presently 47.37%.
Hexcel Company Profile
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.
Featured Stories
- Five stocks we like better than Hexcel
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding HXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hexcel Corporation (NYSE:HXL – Free Report).
Receive News & Ratings for Hexcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hexcel and related companies with MarketBeat.com's FREE daily email newsletter.
