Hexcel Corporation (NYSE:HXL) Given Average Recommendation of “Hold” by Brokerages

Shares of Hexcel Corporation (NYSE:HXL) have been assigned a consensus rating of “Hold” from the thirteen brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $73.3333.

A number of brokerages have recently commented on HXL. BMO Capital Markets raised their price target on Hexcel from $67.00 to $77.00 and gave the company a “market perform” rating in a report on Friday, October 24th. Cowen reiterated a “hold” rating on shares of Hexcel in a research report on Friday, October 24th. Royal Bank Of Canada raised their target price on shares of Hexcel from $70.00 to $83.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Wednesday, October 8th. Finally, UBS Group increased their price objective on shares of Hexcel from $81.00 to $87.00 and gave the company a “buy” rating in a report on Friday, October 24th.

Insiders Place Their Bets

In related news, insider Lyndon John Smith sold 2,077 shares of Hexcel stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $73.02, for a total transaction of $151,662.54. Following the transaction, the insider directly owned 8,426 shares of the company’s stock, valued at $615,266.52. The trade was a 19.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Patrick Winterlich sold 3,413 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $73.34, for a total transaction of $250,309.42. Following the completion of the sale, the executive vice president owned 40,357 shares in the company, valued at approximately $2,959,782.38. This trade represents a 7.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.03% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hexcel

A number of institutional investors and hedge funds have recently modified their holdings of HXL. DAVENPORT & Co LLC boosted its stake in shares of Hexcel by 1.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 541,899 shares of the aerospace company’s stock valued at $30,834,000 after buying an additional 6,167 shares during the period. State of New Jersey Common Pension Fund D increased its stake in shares of Hexcel by 16.7% in the second quarter. State of New Jersey Common Pension Fund D now owns 36,171 shares of the aerospace company’s stock worth $2,043,000 after acquiring an additional 5,179 shares during the last quarter. AXQ Capital LP raised its holdings in shares of Hexcel by 101.1% during the second quarter. AXQ Capital LP now owns 16,446 shares of the aerospace company’s stock worth $929,000 after acquiring an additional 8,269 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Hexcel during the second quarter worth $3,418,000. Finally, Fifth Third Bancorp boosted its position in Hexcel by 17.2% during the second quarter. Fifth Third Bancorp now owns 43,744 shares of the aerospace company’s stock valued at $2,471,000 after purchasing an additional 6,420 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Hexcel Stock Performance

HXL opened at $76.88 on Monday. The company has a current ratio of 2.75, a quick ratio of 1.50 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $73.32 and its 200-day moving average is $65.66. The stock has a market cap of $6.12 billion, a PE ratio of 90.45, a price-to-earnings-growth ratio of 2.01 and a beta of 1.08. Hexcel has a twelve month low of $45.28 and a twelve month high of $79.20.

Hexcel (NYSE:HXL) last issued its quarterly earnings data 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 business had revenue of $456.20 million during the quarter, compared to the consensus estimate of $449.99 million. Hexcel had a return on equity of 9.25% and a net margin of 3.67%.The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. Hexcel has set its FY 2025 guidance at 1.700-1.800 EPS. On average, analysts predict that Hexcel will post 2.14 earnings per share for the current year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, November 3rd. Hexcel’s dividend payout ratio (DPR) is presently 80.00%.

Hexcel Company 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.