UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Hexcel Corporation (NYSE:HXL – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 218,696 shares of the aerospace company’s stock after acquiring an additional 6,718 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.29% of Hexcel worth $21,883,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new stake in Hexcel in the first quarter worth $28,000. Prosperity Bancshares Inc bought a new position in shares of Hexcel during the fourth quarter worth about $36,000. Group One Trading LLC bought a new position in Hexcel in the 2nd quarter worth about $36,000. Transamerica Financial Advisors LLC raised its stake in Hexcel by 181.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 326 shares in the last quarter. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Hexcel during the first quarter valued at $37,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Wall Street Zen downgraded Hexcel from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. The Goldman Sachs Group boosted their price objective on Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Bank of America lowered Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a report on Monday, August 3rd. TD Cowen boosted their price target on shares of Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Finally, Wells Fargo & Company upped their price target on shares of Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $107.18.
Hexcel Stock Performance
Shares of NYSE HXL opened at $91.97 on Friday. The stock’s fifty day simple moving average is $100.47 and its 200 day simple moving average is $92.75. The stock has a market capitalization of $6.95 billion, a price-to-earnings ratio of 46.22, a PEG ratio of 1.32 and a beta of 1.05. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. Hexcel Corporation has a 52-week low of $60.26 and a 52-week high of $111.74.
Hexcel (NYSE:HXL – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The business had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. During the same quarter last year, the company posted $0.50 EPS. Hexcel’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, sell-side analysts forecast that Hexcel Corporation will post 2.36 earnings per share for the current fiscal year.
Hexcel Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s dividend payout ratio is 36.18%.
Insider Buying and Selling
In other Hexcel news, 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 transaction, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. The trade was a 55.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.84% of the company’s stock.
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.
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