American Century Companies Inc. Has $160.56 Million Holdings in Hexcel Corporation $HXL

American Century Companies Inc. reduced its holdings in Hexcel Corporation (NYSE:HXL) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,560,701 shares of the aerospace company’s stock after selling 198,972 shares during the quarter. American Century Companies Inc. owned 3.22% of Hexcel worth $160,556,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of HXL. New York State Common Retirement Fund lifted its stake in Hexcel by 25.8% in the third quarter. New York State Common Retirement Fund now owns 421,980 shares of the aerospace company’s stock valued at $26,458,000 after buying an additional 86,625 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in Hexcel by 12.6% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 403,881 shares of the aerospace company’s stock valued at $25,323,000 after purchasing an additional 45,061 shares during the last quarter. Madison Asset Management LLC bought a new position in Hexcel during the third quarter worth $1,410,000. Commonwealth Equity Services LLC lifted its position in Hexcel by 7.3% during the third quarter. Commonwealth Equity Services LLC now owns 126,794 shares of the aerospace company’s stock worth $7,950,000 after acquiring an additional 8,661 shares during the last quarter. Finally, Channing Capital Management LLC boosted its position in shares of Hexcel by 5.5% in the third quarter. Channing Capital Management LLC now owns 1,334,649 shares of the aerospace company’s stock valued at $83,682,000 after acquiring an additional 69,201 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HXL. The Goldman Sachs Group boosted their price target on Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada lifted their price objective on Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a report on Monday. BMO Capital Markets restated a “market perform” rating and set a $85.00 price objective on shares of Hexcel in a report on Friday, January 30th. Finally, Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and raised their target price for the company from $60.00 to $95.00 in a report on Thursday, February 12th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $82.17.

Hexcel Price Performance

Shares of NYSE:HXL opened at $92.65 on Monday. The company has a 50 day moving average of $83.06 and a 200 day moving average of $72.92. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. The stock has a market cap of $7.03 billion, a P/E ratio of 67.14, a P/E/G ratio of 1.43 and a beta of 1.01. Hexcel Corporation has a 12 month low of $45.28 and a 12 month high of $94.46.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.02. The business had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts forecast that Hexcel Corporation will post 2.14 EPS for the current fiscal year.

Hexcel Increases Dividend

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