Kelly Lawrence W & Associates Inc. CA Purchases New Holdings in Hexcel Corporation $HXL

Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Hexcel Corporation (NYSE:HXL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,731 shares of the aerospace company’s stock, valued at approximately $1,974,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. GHP Investment Advisors Inc. purchased a new stake in shares of Hexcel during the first quarter valued at approximately $28,000. Group One Trading LLC purchased a new stake in Hexcel during the 2nd quarter valued at $36,000. Prosperity Bancshares Inc purchased a new stake in Hexcel during the 4th quarter valued at $36,000. Cedar Mountain Advisors LLC bought a new stake in shares of Hexcel in the 1st quarter worth $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 worth $37,000 after purchasing an additional 326 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Trading Down 1.5%

Shares of HXL opened at $92.48 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. Hexcel Corporation has a 1 year low of $60.26 and a 1 year high of $111.74. The company has a 50 day simple moving average of $101.23 and a two-hundred day simple moving average of $92.37. The firm has a market cap of $6.99 billion, a P/E ratio of 46.47, a price-to-earnings-growth ratio of 1.34 and a beta of 1.06.

Hexcel (NYSE:HXL) last announced 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. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. During the same period in the prior year, the company earned $0.50 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts expect 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 issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s dividend payout ratio is presently 36.18%.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

Several research firms have issued reports on HXL. Bank of America cut shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a research note on Monday, August 3rd. Morgan Stanley increased their price objective on shares of Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Wall Street Zen cut shares of Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. UBS Group lifted their target price on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company boosted their target price on shares of Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price 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.