Hexcel (NYSE:HXL) Reaches New 52-Week High – Here’s What Happened

Hexcel Corporation (NYSE:HXL) hit a new 52-week high on Friday . The company traded as high as $98.26 and last traded at $91.1360, with a volume of 3213235 shares. The stock had previously closed at $87.15.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research note on Tuesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 price target on shares of Hexcel in a research note on Friday. Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $60.00 to $95.00 in a research note on Thursday, February 12th. KeyCorp assumed coverage on shares of Hexcel in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hexcel has a consensus rating of “Hold” and a consensus target price of $89.64.

Hexcel Trading Down 2.1%

The firm has a market capitalization of $6.74 billion, a PE ratio of 58.82, a PEG ratio of 1.43 and a beta of 1.05. The firm’s fifty day moving average is $85.29 and its two-hundred day moving average is $78.73. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.25.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.17. The business had revenue of $501.50 million for the quarter, compared to analysts’ expectations of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities analysts predict that Hexcel Corporation will post 2.22 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. Hexcel’s payout ratio is 47.37%.

Insider Activity

In related news, insider Amy S. Evans sold 1,500 shares of the company’s 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 sale, the insider owned 1,979 shares of the company’s stock, valued at approximately $183,651.20. This represents a 43.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.84% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hexcel

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GHP Investment Advisors Inc. purchased a new position in Hexcel in the 1st quarter worth approximately $28,000. MMA Asset Management LLC bought a new position in shares of Hexcel during the 3rd quarter valued at $35,000. Optiver Holding B.V. grew its holdings in shares of Hexcel by 469.3% during the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 474 shares during the last quarter. Prosperity Bancshares Inc bought a new position in shares of Hexcel during the 4th quarter valued at $36,000. Finally, Transamerica Financial Advisors LLC grew its holdings 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 purchasing an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 95.47% 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.