State of Wyoming purchased a new position in shares of Hexcel Corporation (NYSE:HXL – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,411 shares of the aerospace company’s stock, valued at approximately $1,042,000.
Several other large investors have also bought and sold shares of HXL. GHP Investment Advisors Inc. bought a new stake in shares of Hexcel in the 1st quarter worth $28,000. Prosperity Bancshares Inc purchased a new position in Hexcel during the fourth quarter worth about $36,000. Cedar Mountain Advisors LLC bought a new stake in Hexcel in the 1st quarter worth about $37,000. Transamerica Financial Advisors LLC grew its position in Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 326 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in Hexcel in the 4th quarter valued at about $38,000. 95.47% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
HXL has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Morgan Stanley upped their price objective on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Wall Street Zen cut Hexcel from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Bank of America lowered shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target for the company. in a research report on Monday, August 3rd. Finally, UBS Group lifted their price objective 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. 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. Based on data from MarketBeat.com, Hexcel presently has an average rating of “Hold” and an average target price of $107.18.
Hexcel Stock Up 1.6%
HXL stock opened at $103.98 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. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 52.25, a PEG ratio of 1.48 and a beta of 1.06. Hexcel Corporation has a fifty-two week low of $60.05 and a fifty-two week high of $111.74. The stock has a fifty day moving average of $100.93 and a 200-day moving average of $91.68.
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities research analysts predict that Hexcel Corporation will post 2.36 earnings per share for the current year.
Hexcel Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, August 10th. Hexcel’s payout ratio is currently 36.18%.
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.
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