Hexcel Corporation (NYSE:HXL) Raises Dividend to $0.18 Per Share

Hexcel Corporation (NYSE:HXL) announced a quarterly dividend on Wednesday, January 28th. Investors of record on Monday, February 9th will be paid a dividend of 0.18 per share by the aerospace company on Tuesday, February 17th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, February 9th. This is a 5.9% increase from Hexcel’s previous quarterly dividend of $0.17.

Hexcel has decreased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Hexcel has a dividend payout ratio of 27.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hexcel to earn $2.77 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 24.5%.

Hexcel Price Performance

Shares of NYSE HXL traded up $4.92 during trading on Thursday, hitting $85.15. The company had a trading volume of 1,533,205 shares, compared to its average volume of 1,241,078. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 100.07, a price-to-earnings-growth ratio of 2.13 and a beta of 1.08. The stock has a fifty day simple moving average of $77.30 and a two-hundred day simple moving average of $68.70. The company has a quick ratio of 1.50, a current ratio of 2.75 and a debt-to-equity ratio of 0.48. Hexcel has a fifty-two week low of $45.28 and a fifty-two week high of $88.00.

Hexcel (NYSE:HXL) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.02. The company had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a return on equity of 9.25% and a net margin of 3.67%.Hexcel’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts expect that Hexcel will post 2.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Morgan Stanley set a $67.00 price target on shares of Hexcel and gave the stock an “underweight” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada raised their price objective on shares of Hexcel from $70.00 to $83.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. BMO Capital Markets raised their price target on Hexcel from $67.00 to $77.00 and gave the stock a “market perform” rating in a research report on Friday, October 24th. Jefferies Financial Group reissued a “hold” rating on shares of Hexcel in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group increased their target price on Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $74.40.

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.