WINTON GROUP Ltd Acquires New Holdings in Hexcel Corporation $HXL

WINTON GROUP Ltd bought a new stake in Hexcel Corporation (NYSE:HXL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,670 shares of the aerospace company’s stock, valued at approximately $667,000.

Several other hedge funds also recently bought and sold shares of HXL. BlackRock Inc. bought a new position in shares of Hexcel during the second quarter worth $1,422,742,000. California State Teachers Retirement System increased its position in shares of Hexcel by 9,332.2% in the 2nd quarter. California State Teachers Retirement System now owns 8,737,639 shares of the aerospace company’s stock valued at $874,288,000 after buying an additional 8,645,003 shares in the last quarter. Brandes Investment Partners LP increased its position in shares of Hexcel by 0.3% in the 4th quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock valued at $185,199,000 after buying an additional 7,371 shares in the last quarter. Bank of America Corp DE raised its stake in Hexcel by 5.4% during the 1st quarter. Bank of America Corp DE now owns 2,264,427 shares of the aerospace company’s stock worth $183,260,000 after buying an additional 115,443 shares during the period. Finally, Geode Capital Management LLC raised its stake in Hexcel by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,419,722 shares of the aerospace company’s stock worth $104,943,000 after buying an additional 11,973 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Hexcel Price Performance

HXL stock opened at $90.97 on Tuesday. The stock has a 50-day moving average price of $99.47 and a two-hundred day moving average price of $92.84. The stock has a market cap of $6.88 billion, a PE ratio of 45.71, a price-to-earnings-growth ratio of 1.32 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) last issued its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The company had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts forecast that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. Hexcel’s dividend payout ratio is 36.18%.

Insider Buying and Selling

In other news, insider Gail Lehman sold 13,829 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were 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 directly owned 20,148 shares of the company’s stock, valued at $1,855,630.80. This trade represents a 40.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gina Fitzsimons sold 9,675 shares of Hexcel stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the completion of the sale, the insider owned 7,712 shares in the company, valued at $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.84% of the company’s stock.

Analyst Ratings Changes

HXL has been the subject of a number of research analyst reports. The Goldman Sachs Group boosted their target price on Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Wolfe Research lowered Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday, July 31st. Royal Bank Of Canada lifted their price objective on Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, July 31st. TD Cowen boosted their price objective on Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $110.00 target price on shares of Hexcel in a research note on Sunday, August 2nd. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $108.25.

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.