Hexcel Corporation (NYSE:HXL – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $104.70 and last traded at $105.9520, with a volume of 3692 shares traded. The stock had previously closed at $103.81.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on HXL. BMO Capital Markets raised their target price on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. Wells Fargo & Company assumed coverage on shares of Hexcel in a research report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price target for the company. TD Cowen raised their price objective on shares of Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price objective on shares of Hexcel in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $94.00.
View Our Latest Research Report on Hexcel
Hexcel Stock Up 1.0%
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, beating the consensus estimate of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The company had revenue of $501.50 million for the quarter, compared to analyst estimates of $488.11 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Research analysts predict that Hexcel Corporation will post 2.26 earnings per share for the current fiscal year.
Hexcel Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is currently 47.37%.
Institutional Trading of Hexcel
Institutional investors and hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC raised its stake in shares of Hexcel by 2.3% in the first quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock worth $432,000 after acquiring an additional 119 shares during the last quarter. Central Pacific Bank Trust Division grew its stake in shares of Hexcel by 7.1% during the second quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock valued at $180,000 after purchasing an additional 120 shares during the last quarter. Clearstead Advisors LLC grew its stake in shares of Hexcel by 18.2% during the fourth quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock valued at $60,000 after purchasing an additional 126 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Hexcel by 1.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock valued at $881,000 after purchasing an additional 128 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Hexcel by 14.5% in the third quarter. Allworth Financial LP now owns 1,135 shares of the aerospace company’s stock valued at $71,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.
About Hexcel
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.
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