Citigroup Inc. Has $4.36 Million Stock Position in Hexcel Corporation $HXL

Citigroup Inc. cut its stake in shares of Hexcel Corporation (NYSE:HXL) by 67.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 69,556 shares of the aerospace company’s stock after selling 142,542 shares during the period. Citigroup Inc. owned 0.09% of Hexcel worth $4,361,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its stake in shares of Hexcel by 4.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,879 shares of the aerospace company’s stock worth $243,000 after purchasing an additional 154 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Hexcel by 21.7% during the second quarter. Geneos Wealth Management Inc. now owns 924 shares of the aerospace company’s stock worth $52,000 after buying an additional 165 shares during the last quarter. ProShare Advisors LLC raised its position in Hexcel by 3.7% during the second quarter. ProShare Advisors LLC now owns 4,779 shares of the aerospace company’s stock worth $270,000 after acquiring an additional 172 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Hexcel by 0.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 58,299 shares of the aerospace company’s stock valued at $3,655,000 after acquiring an additional 259 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Hexcel by 57.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 786 shares of the aerospace company’s stock valued at $44,000 after acquiring an additional 288 shares during the period. 95.47% of the stock is currently owned by institutional investors.

Hexcel Stock Performance

HXL opened at $91.64 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25. The business has a fifty day simple moving average of $84.05 and a 200 day simple moving average of $73.49. Hexcel Corporation has a 1 year low of $45.28 and a 1 year high of $95.22. The company has a market capitalization of $6.95 billion, a PE ratio of 66.41, a price-to-earnings-growth ratio of 1.41 and a beta of 1.01.

Hexcel (NYSE:HXL) last posted 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 during the quarter, compared to the consensus estimate of $484.46 million. During the same quarter last year, the firm earned $0.52 earnings per share. The company’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 expect that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were issued a dividend of $0.18 per share. 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%. The ex-dividend date of this dividend was Monday, February 9th. Hexcel’s payout ratio is 52.17%.

Insider Buying and Selling at Hexcel

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the transaction, the insider owned 1,979 shares in the company, valued at $183,651.20. This trade 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.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on HXL shares. Truist Financial set a $94.00 target price on shares of Hexcel in a report on Friday, January 30th. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $60.00 to $95.00 in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a research note on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Finally, Jefferies Financial Group raised their price target on Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Three equities research 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 MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $82.17.

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.