JPMorgan Chase & Co. Has $83.77 Million Holdings in Hexcel Corporation $HXL

JPMorgan Chase & Co. grew its holdings in Hexcel Corporation (NYSE:HXL) by 20.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,335,987 shares of the aerospace company’s stock after purchasing an additional 230,781 shares during the quarter. JPMorgan Chase & Co. owned about 1.68% of Hexcel worth $83,767,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HXL. Alliancebernstein L.P. raised its position in Hexcel by 122.7% in the 3rd quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after purchasing an additional 2,671,682 shares during the last quarter. State Street Corp boosted its stake in shares of Hexcel by 4.3% in the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after purchasing an additional 191,649 shares during the last quarter. American Century Companies Inc. lifted its holdings in Hexcel by 103.8% in the second quarter. American Century Companies Inc. now owns 2,759,673 shares of the aerospace company’s stock valued at $155,894,000 after buying an additional 1,405,538 shares during the period. Brandes Investment Partners LP raised its position in shares of Hexcel by 49.1% during the 2nd quarter. Brandes Investment Partners LP now owns 2,440,242 shares of the aerospace company’s stock valued at $137,850,000 after acquiring an additional 803,123 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Hexcel by 5.9% during the second quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock worth $129,002,000 after purchasing an additional 126,338 shares during the period. Institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

HXL has been the topic of several analyst reports. Jefferies Financial Group increased their target price on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. The Goldman Sachs Group upped their target price on shares of Hexcel from $67.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada lifted their target price on Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. UBS Group set a $99.00 target price on shares of Hexcel in a research report on Friday, January 30th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $85.00 price target on shares of Hexcel in a research report on Friday, January 30th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Hexcel currently has an average rating of “Hold” and an average price target of $82.17.

Hexcel Price Performance

NYSE:HXL opened at $81.10 on Thursday. Hexcel Corporation has a 52 week low of $45.28 and a 52 week high of $95.22. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 2.26. The firm’s 50-day simple moving average is $85.65 and its 200 day simple moving average is $74.99. The firm has a market cap of $6.15 billion, a price-to-earnings ratio of 58.77, a P/E/G ratio of 1.24 and a beta of 1.01.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts predict that Hexcel Corporation will post 2.14 earnings per share for the current year.

Hexcel Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $0.18 dividend. This is a boost from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, February 9th. Hexcel’s dividend payout ratio (DPR) is presently 52.17%.

Insider Activity at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the sale, the insider directly owned 1,979 shares in the company, valued at approximately $183,651.20. This trade represents a 43.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.39% of the company’s stock.

Hexcel 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.