Hexcel Corporation $HXL Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in Hexcel Corporation (NYSE:HXL) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 240,521 shares of the aerospace company’s stock after selling 8,742 shares during the quarter. Wellington Management Group LLP owned approximately 0.32% of Hexcel worth $24,067,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in HXL. GHP Investment Advisors Inc. purchased a new position in Hexcel during the first quarter valued at $28,000. Group One Trading LLC acquired a new position in shares of Hexcel during the 2nd quarter worth about $36,000. Prosperity Bancshares Inc acquired a new position in shares of Hexcel during the 4th quarter worth about $36,000. Cedar Mountain Advisors LLC purchased a new position in Hexcel in the 1st quarter valued at about $37,000. Finally, Transamerica Financial Advisors LLC lifted its stake in Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after buying an additional 326 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Hexcel Stock Down 0.5%

HXL stock opened at $91.97 on Friday. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 46.22, a PEG ratio of 1.31 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 12 month low of $60.26 and a 12 month high of $111.74. The firm has a 50-day moving average of $100.47 and a two-hundred day moving average of $92.75.

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

Hexcel Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were given a dividend of $0.18 per share. The ex-dividend date 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 (DPR) is presently 36.18%.

Insiders Place Their Bets

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $103.14, for a total transaction of $997,879.50. Following the transaction, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. The trade was a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on HXL shares. UBS Group boosted their price objective on Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wolfe Research downgraded Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday, July 31st. Wells Fargo & Company lifted their price target on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price objective on shares of Hexcel in a research note on Tuesday, August 4th. Finally, Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Hexcel currently has a consensus 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.