Advisors Asset Management Inc. lifted its position in shares of Hexcel Corporation (NYSE:HXL – Free Report) by 24.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,591 shares of the aerospace company’s stock after buying an additional 9,064 shares during the period. Advisors Asset Management Inc. owned about 0.06% of Hexcel worth $2,921,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. NewSquare Capital LLC raised its stake in shares of Hexcel by 379.0% during the second quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 379 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Hexcel by 325.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 377 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Hexcel in the 2nd quarter worth $28,000. MMA Asset Management LLC purchased a new position in Hexcel in the 3rd quarter worth $35,000. Finally, Smartleaf Asset Management LLC lifted its stake in Hexcel by 8,671.4% in the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 607 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently commented on HXL. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $60.00 to $95.00 in a report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research note on Thursday, January 22nd. Royal Bank Of Canada increased their price objective on Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. UBS Group set a $99.00 target price on shares of Hexcel in a report on Friday, January 30th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $85.00 target price on shares of Hexcel in a research note on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $82.17.
Hexcel Trading Up 1.0%
NYSE HXL opened at $89.84 on Friday. The stock’s 50 day moving average is $79.80 and its 200 day moving average is $70.76. The firm has a market capitalization of $6.82 billion, a PE ratio of 65.10, a P/E/G ratio of 1.76 and a beta of 1.06. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a twelve month low of $45.28 and a twelve month high of $93.14.
Hexcel (NYSE:HXL – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The company had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $484.46 million. During the same period last year, the company posted $0.52 EPS. Hexcel’s revenue was up 3.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Research analysts forecast that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.
Hexcel Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be issued a dividend of $0.18 per share. The ex-dividend date is Monday, February 9th. This is a boost from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. Hexcel’s dividend payout ratio is 52.17%.
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.
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