Old West Investment Management LLC Purchases New Stake in Hexcel Corporation $HXL

Old West Investment Management LLC acquired a new position in shares of Hexcel Corporation (NYSE:HXL) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,317 shares of the aerospace company’s stock, valued at approximately $932,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new stake in Hexcel during the second quarter valued at $340,000. Wilkinson Global Asset Management LLC bought a new position in shares of Hexcel in the 2nd quarter worth about $200,000. Bank of New York Mellon Corp acquired a new position in shares of Hexcel in the 2nd quarter valued at about $51,460,000. State of Wyoming acquired a new position in shares of Hexcel in the 2nd quarter valued at about $1,042,000. Finally, S&CO Inc. acquired a new position in shares of Hexcel in the 2nd quarter valued at about $240,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Stock Down 0.1%

Hexcel stock opened at $103.98 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. Hexcel Corporation has a one year low of $60.05 and a one year high of $111.74. The company has a 50-day simple moving average of $100.93 and a 200-day simple moving average of $91.74. The firm has a market capitalization of $7.86 billion, a P/E ratio of 52.25, a P/E/G ratio of 1.48 and a beta of 1.06.

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

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.18 per share. 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%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. TD Cowen increased their price objective on shares of Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Bank of America downgraded Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price for the company. in a research note on Monday, August 3rd. Wells Fargo & Company upped their target price on Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. BMO Capital Markets increased their price target on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Finally, Wolfe Research downgraded Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $107.18.

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.