Lazard Asset Management LLC Takes $635,000 Position in Hexcel Corporation $HXL

Lazard Asset Management LLC bought a new position in shares of Hexcel Corporation (NYSE:HXLFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,850 shares of the aerospace company’s stock, valued at approximately $635,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HXL. GHP Investment Advisors Inc. acquired a new position in Hexcel during the 1st quarter valued at about $28,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Hexcel in the first quarter worth approximately $37,000. Prosperity Bancshares Inc purchased a new stake in shares of Hexcel in the fourth quarter worth approximately $36,000. Transamerica Financial Advisors LLC lifted its holdings in shares of Hexcel by 181.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after purchasing an additional 326 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in shares of Hexcel in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company upped their price target on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday. Wolfe Research cut Hexcel from an “outperform” rating to a “peer perform” rating in a research note on Friday, July 31st. Morgan Stanley lifted their price objective on shares of Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. The Goldman Sachs Group upped their target price on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 target price on shares of Hexcel in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $107.18.

Check Out Our Latest Stock Report on HXL

Hexcel Stock Performance

HXL stock opened at $102.96 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The firm has a market cap of $7.79 billion, a PE ratio of 51.74, a P/E/G ratio of 1.49 and a beta of 1.06. The business has a 50 day moving average of $99.35 and a 200-day moving average of $90.92. Hexcel Corporation has a 12-month low of $59.79 and a 12-month high of $111.74.

Hexcel (NYSE:HXLGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.Hexcel’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, sell-side analysts expect that Hexcel Corporation will post 2.36 earnings per share for the current year.

Hexcel Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th. Hexcel’s payout ratio is 36.18%.

About Hexcel

(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.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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