Kopion Asset Management LLC Decreases Position in Hexcel Corporation $HXL

Kopion Asset Management LLC reduced its stake in Hexcel Corporation (NYSE:HXL) by 14.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,913 shares of the aerospace company’s stock after selling 6,943 shares during the quarter. Hexcel comprises approximately 2.2% of Kopion Asset Management LLC’s portfolio, making the stock its 17th biggest holding. Kopion Asset Management LLC’s holdings in Hexcel were worth $3,349,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. bought a new position in shares of Hexcel in the 1st quarter worth $28,000. IFP Advisors Inc lifted its holdings in shares of Hexcel by 566.0% during the 2nd quarter. IFP Advisors Inc now owns 353 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 300 shares during the last quarter. Group One Trading LLC purchased a new position in Hexcel in the second quarter worth $36,000. Cedar Mountain Advisors LLC bought a new position in Hexcel in the first quarter valued at $37,000. Finally, Cetera Trust Company N.A bought a new position in Hexcel in the second quarter valued at $40,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HXL. Wolfe Research lowered Hexcel from an “outperform” rating to a “peer perform” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price objective on shares of Hexcel in a report on Tuesday, August 4th. Bank of America downgraded Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price for the company. in a research report on Monday, August 3rd. TD Cowen reduced their price target on shares of Hexcel from $115.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Morgan Stanley lifted their price target on shares of Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $105.17.

Hexcel Trading Up 0.5%

Shares of NYSE:HXL traded up $0.41 on Friday, reaching $85.54. 250,154 shares of the company traded hands, compared to its average volume of 1,088,005. The stock has a market capitalization of $6.47 billion, a P/E ratio of 43.05, a price-to-earnings-growth ratio of 1.20 and a beta of 1.10. The business’s 50-day simple moving average is $93.08 and its 200 day simple moving average is $92.84. 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 52 week low of $60.82 and a 52 week high of $111.74.

Hexcel (NYSE:HXL) last released its 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. The company had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.Hexcel’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities analysts anticipate that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Dividend Announcement

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

Insider Buying and Selling at Hexcel

In other Hexcel news, insider Gail E. Lehman sold 13,829 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total value of $1,273,650.90. Following the transaction, the insider owned 20,148 shares in the company, valued at approximately $1,855,630.80. The trade was a 40.70% 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. Also, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $103.14, for a total transaction of $997,879.50. Following the sale, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.84% of the company’s stock.

Hexcel Profile

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to help customers reduce weight, improve performance, and increase fuel efficiency in aircraft and other demanding applications.

The company’s product portfolio includes carbon fiber, specialty reinforcements, prepreg materials, honeycomb cores, adhesives, and other composite technologies. Hexcel also produces engineered composite structures and components used in commercial aircraft, military aircraft, helicopters, launch vehicles, satellites, and various industrial applications, including wind energy and transportation.

Hexcel traces its roots to the development of lightweight honeycomb materials in the mid-20th century and has expanded through research, manufacturing, and acquisitions into a global composites supplier.