State of Wyoming purchased a new position in Hexcel Corporation (NYSE:HXL – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,411 shares of the aerospace company’s stock, valued at approximately $1,042,000.
Several other hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new position in shares of Hexcel during the 1st quarter valued at $28,000. Cedar Mountain Advisors LLC purchased a new position in Hexcel during the first quarter worth about $37,000. Prosperity Bancshares Inc bought a new position in Hexcel in the 4th quarter worth about $36,000. Transamerica Financial Advisors LLC raised its holdings in shares of Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 326 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Hexcel during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.
Analyst Ratings Changes
HXL has been the subject of several research analyst reports. TD Cowen lifted their target price on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. BMO Capital Markets upped their target price on shares of Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. The Goldman Sachs Group raised their price target on Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Morgan Stanley upped their price objective on Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Finally, Wall Street Zen downgraded Hexcel from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.18.
Hexcel Trading Up 1.6%
NYSE HXL opened at $103.98 on Friday. The firm has a market cap of $7.86 billion, a PE ratio of 52.25, a price-to-earnings-growth ratio of 1.48 and a beta of 1.06. Hexcel Corporation has a 1-year low of $60.05 and a 1-year high of $111.74. The stock has a 50-day moving average of $100.93 and a 200-day moving average of $91.68. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74.
Hexcel (NYSE:HXL – Get Free Report) last announced 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. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. During the same period in the previous year, the firm earned $0.50 EPS. The business’s quarterly revenue was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, sell-side analysts forecast that Hexcel Corporation will post 2.36 EPS for the current year.
Hexcel Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th. Hexcel’s dividend payout ratio is 36.18%.
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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