Hexcel Corporation (NYSE:HXL – Get Free Report) insider Gail Lehman sold 13,829 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the completion of the transaction, the insider owned 20,148 shares of the company’s stock, valued at $1,855,630.80. This trade represents a 40.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Hexcel Trading Down 0.8%
Shares of HXL opened at $89.67 on Friday. The firm’s 50-day moving average price is $99.81 and its 200-day moving average price is $92.84. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 45.06, a PEG ratio of 1.29 and a beta of 1.05. 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 Corporation has a 1-year low of $60.26 and a 1-year high of $111.74.
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The company had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. During the same quarter in the previous year, the company earned $0.50 earnings per share. Hexcel’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. Sell-side analysts anticipate that Hexcel Corporation will post 2.36 EPS for the current year.
Hexcel Announces Dividend
Analyst Upgrades and Downgrades
HXL has been the topic of several research reports. TD Cowen lifted their price target on Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Wells Fargo & Company increased their price objective on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price objective on shares of Hexcel in a research report on Tuesday, August 4th. Jefferies Financial Group restated a “hold” rating and set a $110.00 target price on shares of Hexcel in a report on Sunday, August 2nd. Finally, UBS Group increased their price target on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Hexcel currently has an average rating of “Hold” and a consensus target price of $107.18.
Read Our Latest Research Report on HXL
Institutional Trading of Hexcel
Several hedge funds and other institutional investors have recently made changes to their positions in HXL. Royal Bank of Canada boosted its holdings in Hexcel by 12.6% in the first quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after acquiring an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock valued at $348,000 after acquiring an additional 468 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Hexcel during the first quarter valued at $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Hexcel by 14.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock worth $15,033,000 after purchasing an additional 34,822 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Hexcel by 138.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 441 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.
Hexcel Company Profile
Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.
The company’s portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.
Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.
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