Vanguard Personalized Indexing Management LLC Boosts Stock Holdings in Hexcel Corporation $HXL

Vanguard Personalized Indexing Management LLC increased its position in shares of Hexcel Corporation (NYSE:HXL) by 66.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,543 shares of the aerospace company’s stock after buying an additional 2,602 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Hexcel were worth $370,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Hexcel by 10.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,205 shares of the aerospace company’s stock worth $285,000 after acquiring an additional 492 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Hexcel by 0.5% in the first quarter. Principal Financial Group Inc. now owns 186,680 shares of the aerospace company’s stock valued at $10,223,000 after purchasing an additional 937 shares during the period. Russell Investments Group Ltd. increased its position in shares of Hexcel by 32.4% in the first quarter. Russell Investments Group Ltd. now owns 57,266 shares of the aerospace company’s stock valued at $3,136,000 after buying an additional 14,002 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of Hexcel by 2.8% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 817,388 shares of the aerospace company’s stock worth $44,760,000 after buying an additional 22,396 shares during the period. Finally, GAMMA Investing LLC grew its stake in Hexcel by 95.3% in the 1st quarter. GAMMA Investing LLC now owns 2,306 shares of the aerospace company’s stock valued at $126,000 after acquiring an additional 1,125 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Wednesday, October 8th. Citigroup reiterated a “reduce” rating on shares of Hexcel in a report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and set a $70.00 target price (up previously from $65.00) on shares of Hexcel in a report on Monday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $65.00 price target on shares of Hexcel in a research note on Wednesday, October 8th. Finally, Morgan Stanley increased their price objective on Hexcel from $50.00 to $55.00 and gave the company an “underweight” rating in a research note on Thursday, July 17th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $66.63.

Hexcel Stock Performance

NYSE HXL opened at $70.85 on Friday. The stock’s fifty day moving average is $63.14 and its two-hundred day moving average is $58.07. The firm has a market capitalization of $5.64 billion, a P/E ratio of 83.36, a price-to-earnings-growth ratio of 2.01 and a beta of 1.33. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.69. Hexcel Corporation has a fifty-two week low of $45.28 and a fifty-two week high of $74.35.

Hexcel (NYSE:HXL) last issued its earnings results on Wednesday, October 22nd. The aerospace company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The company had revenue of $456.20 million during the quarter, compared to analyst estimates of $449.99 million. Hexcel had a return on equity of 9.29% and a net margin of 3.67%.The firm’s revenue was down .2% compared to the same quarter last year. During the same period last year, the business earned $0.47 earnings per share. Hexcel has set its FY 2025 guidance at 1.700-1.800 EPS. On average, research analysts anticipate that Hexcel Corporation will post 2.14 earnings per share for the current year.

Hexcel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Monday, November 3rd will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, November 3rd. Hexcel’s payout ratio is presently 62.96%.

Insider Activity at Hexcel

In related news, insider Thierry Merlot sold 8,897 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $63.86, for a total value of $568,162.42. Following the completion of the transaction, the insider directly owned 51,308 shares in the company, valued at approximately $3,276,528.88. This represents a 14.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Gina Fitzsimons sold 911 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $65.00, for a total value of $59,215.00. Following the sale, the insider directly owned 4,283 shares of the company’s stock, valued at approximately $278,395. This trade represents a 17.54% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.39% of the company’s stock.

About Hexcel

Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products.