Quantbot Technologies LP acquired a new position in Hexcel Corporation (NYSE:HXL – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 6,511 shares of the aerospace company’s stock, valued at approximately $651,000.
A number of other hedge funds have also made changes to their positions in the business. GHP Investment Advisors Inc. acquired a new stake in Hexcel in the 1st quarter valued at $28,000. Prosperity Bancshares Inc acquired a new position in shares of Hexcel during the fourth quarter worth about $36,000. Transamerica Financial Advisors LLC boosted its position 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 buying an additional 326 shares during the period. Cedar Mountain Advisors LLC purchased a new stake in shares of Hexcel in the first quarter worth about $37,000. Finally, Leonteq Securities AG acquired a new stake in shares of Hexcel in the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on HXL shares. UBS Group raised their target price on Hexcel from $113.00 to $126.00 and gave the company a “buy” rating in a report on Friday, July 31st. TD Cowen increased their price objective 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. The Goldman Sachs Group lifted their price objective on shares of Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Wall Street Zen cut shares of Hexcel from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings upgraded shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.18.
Hexcel Stock Down 0.1%
Shares of NYSE HXL opened at $94.56 on Friday. 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 1 year low of $60.26 and a 1 year high of $111.74. The stock’s 50-day simple moving average is $100.97 and its 200-day simple moving average is $92.59. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 47.52, a PEG ratio of 1.35 and a beta of 1.06.
Hexcel (NYSE:HXL – Get Free Report) last issued 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 firm had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. During the same quarter in the prior year, the business posted $0.50 earnings per share. Hexcel’s revenue for the quarter was up 8.0% on a year-over-year basis. 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 earnings per share for the current fiscal year.
Hexcel Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s dividend payout ratio is 36.18%.
Insider Buying and Selling 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 transaction of $997,879.50. Following the completion of the sale, the insider owned 7,712 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.84% of the company’s stock.
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.
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