Jupiter Topco LLC Purchases New Stake in Hexcel Corporation $HXL

Jupiter Topco LLC acquired a new position in shares of Hexcel Corporation (NYSE:HXL) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 34,757 shares of the aerospace company’s stock, valued at approximately $3,480,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. bought a new position in shares of Hexcel during the 1st quarter valued at approximately $28,000. Group One Trading LLC purchased a new position in Hexcel in the second quarter valued at approximately $36,000. Prosperity Bancshares Inc purchased a new stake in Hexcel in the fourth quarter worth $36,000. Cedar Mountain Advisors LLC bought a new stake in shares of Hexcel in the first quarter valued at $37,000. Finally, Transamerica Financial Advisors LLC raised its stake in shares of Hexcel by 181.1% in the fourth 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 during the period. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the transaction, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.84% of the company’s stock.

Hexcel Price Performance

Shares of NYSE HXL opened at $92.08 on Wednesday. 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 fifty-two week low of $60.26 and a fifty-two week high of $111.74. The stock has a market cap of $6.96 billion, a PE ratio of 46.27, a price-to-earnings-growth ratio of 1.32 and a beta of 1.05. The stock has a fifty day moving average of $100.71 and a 200-day moving average of $92.72.

Hexcel (NYSE:HXL) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $528.08 million. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts anticipate that Hexcel Corporation will post 2.36 earnings per share for the current year.

Hexcel Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on HXL. Morgan Stanley increased their price target on Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Bank of America cut Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price objective on the stock. in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $110.00 price objective on shares of Hexcel in a report on Sunday, August 2nd. Wells Fargo & Company lifted their target price on shares of Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, TD Cowen boosted their price target on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.18.

About Hexcel

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.