Stock analysts at Wells Fargo & Company started coverage on shares of Hexcel (NYSE:HXL – Get Free Report) in a research report issued to clients and investors on Wednesday, MarketBeat reports. The firm set an “overweight” rating and a $95.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 19.89% from the company’s current price.
Several other research analysts also recently weighed in on HXL. Truist Financial set a $94.00 price objective on shares of Hexcel in a report on Friday, January 30th. KeyCorp initiated coverage on shares of Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. Jefferies Financial Group upped their target price on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $85.00 price target on shares of Hexcel in a research report on Friday, January 30th. Finally, UBS Group set a $99.00 price target on Hexcel in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $87.27.
Read Our Latest Stock Analysis on Hexcel
Hexcel Trading Down 4.1%
Hexcel (NYSE:HXL – Get Free Report) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, topping 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 analyst estimates of $484.46 million. During the same period in the prior year, the firm earned $0.52 earnings per share. Hexcel’s revenue for the quarter was up 3.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts anticipate that Hexcel will post 2.14 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. This represents a 43.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.39% of the company’s stock.
Institutional Investors Weigh In On Hexcel
A number of hedge funds have recently modified their holdings of the stock. MMA Asset Management LLC bought a new position in Hexcel during the third quarter valued at $35,000. Optiver Holding B.V. raised its stake in shares of Hexcel by 469.3% in the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock valued at $36,000 after buying an additional 474 shares during the period. Prosperity Bancshares Inc bought a new stake in shares of Hexcel in the fourth quarter valued at $36,000. Transamerica Financial Advisors LLC lifted its position in shares of Hexcel by 181.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after buying an additional 326 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position 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 buying an additional 607 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.
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.
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