Tredje AP fonden Sells 7,440 Shares of Hexcel Corporation $HXL

Tredje AP fonden trimmed its stake in Hexcel Corporation (NYSE:HXL) by 49.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,636 shares of the aerospace company’s stock after selling 7,440 shares during the period. Tredje AP fonden’s holdings in Hexcel were worth $479,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewSquare Capital LLC grew its position in shares of Hexcel by 379.0% in the 2nd quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock valued at $27,000 after buying an additional 379 shares during the last quarter. Hantz Financial Services Inc. bought a new position in shares of Hexcel during the second quarter worth about $28,000. Parkside Financial Bank & Trust lifted its stake in shares of Hexcel by 325.0% in the second quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 377 shares during the period. MMA Asset Management LLC bought a new stake in Hexcel in the third quarter valued at approximately $35,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Hexcel by 8,671.4% in the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 607 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Hexcel Price Performance

Shares of NYSE HXL opened at $90.91 on Tuesday. The firm’s 50-day moving average price is $81.48 and its 200-day moving average price is $72.04. Hexcel Corporation has a 1-year low of $45.28 and a 1-year high of $93.14. The firm has a market capitalization of $6.90 billion, a P/E ratio of 65.88, a P/E/G ratio of 1.38 and a beta of 1.06. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79.

Hexcel (NYSE:HXL) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company had revenue of $491.30 million during the quarter, compared to the consensus estimate of $484.46 million. During the same period last year, the business posted $0.52 EPS. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities research analysts anticipate that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Hexcel’s payout ratio is currently 52.17%.

Analyst Ratings Changes

Several research firms have issued reports on HXL. Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $67.00 to $90.00 in a report on Friday, January 30th. Truist Financial set a $94.00 target price on shares of Hexcel in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. Wall Street Zen lowered Hexcel from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Royal Bank Of Canada boosted their price objective on Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $82.17.

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.