Madison Asset Management LLC Buys New Stake in Hexcel Corporation $HXL

Madison Asset Management LLC purchased a new position in shares of Hexcel Corporation (NYSE:HXL) in the 3rd quarter, Holdings Channel reports. The firm purchased 22,483 shares of the aerospace company’s stock, valued at approximately $1,410,000.

A number of other institutional investors also recently made changes to their positions in HXL. NewSquare Capital LLC lifted its stake in shares of Hexcel by 379.0% during the 2nd quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 379 shares during the period. Hantz Financial Services Inc. purchased a new position in Hexcel during the second quarter worth about $28,000. Parkside Financial Bank & Trust grew its holdings in Hexcel by 325.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock valued at $28,000 after buying an additional 377 shares during the period. MMA Asset Management LLC acquired a new position in shares of Hexcel during the 3rd quarter valued at about $35,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Hexcel by 8,671.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 607 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HXL has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price objective on Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. TD Cowen restated a “hold” rating on shares of Hexcel in a report on Friday, October 24th. Jefferies Financial Group boosted their target price on Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. The Goldman Sachs Group raised their price target on shares of Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Finally, Morgan Stanley raised shares of Hexcel from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $67.00 to $90.00 in a research report on Friday, January 30th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $81.00.

Hexcel Stock Up 1.2%

HXL stock opened at $87.93 on Thursday. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. The firm’s 50-day simple moving average is $79.31 and its 200 day simple moving average is $70.37. The stock has a market cap of $7.00 billion, a PE ratio of 63.72, a price-to-earnings-growth ratio of 1.71 and a beta of 1.06. Hexcel Corporation has a fifty-two week low of $45.28 and a fifty-two week high of $89.00.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts predict that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, February 9th. Hexcel’s dividend payout ratio is 52.17%.

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.