28,497 Shares in Hexcel Corporation $HXL Bought by Empirical Asset Management LLC

Empirical Asset Management LLC acquired a new position in Hexcel Corporation (NYSE:HXL) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 28,497 shares of the aerospace company’s stock, valued at approximately $1,787,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HXL. NewSquare Capital LLC lifted its position in Hexcel by 379.0% during the 2nd quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 379 shares during the period. Parkside Financial Bank & Trust increased its stake in shares of Hexcel by 325.0% during the second 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 in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of Hexcel during the second quarter valued at approximately $28,000. MMA Asset Management LLC bought a new stake in shares of Hexcel in the 3rd quarter worth approximately $35,000. Finally, Optiver Holding B.V. grew its stake in shares of Hexcel by 469.3% in the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after buying an additional 474 shares during the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

Hexcel Price Performance

NYSE HXL opened at $92.58 on Wednesday. Hexcel Corporation has a one year low of $45.28 and a one year high of $93.14. The stock has a 50-day moving average of $81.88 and a 200 day moving average of $72.27. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 2.26. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 67.09, a PEG ratio of 1.40 and a beta of 1.06.

Hexcel (NYSE:HXL) last announced 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 firm had revenue of $491.30 million for the quarter, compared to the consensus estimate of $484.46 million. During the same quarter last year, the firm posted $0.52 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $0.18 dividend. This is a boost from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 9th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. Hexcel’s payout ratio is presently 52.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen cut Hexcel from a “buy” rating to a “hold” rating in a research note on Sunday. Royal Bank Of Canada raised their price target on Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Jefferies Financial Group upped their price target on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a research note on Sunday, February 1st. Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. Finally, Truist Financial set a $94.00 target price on shares of Hexcel in a report on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $82.17.

Hexcel 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.