Barclays PLC Has $21.77 Million Stock Position in Hexcel Corporation $HXL

Barclays PLC lifted its position in shares of Hexcel Corporation (NYSE:HXL) by 124.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 347,156 shares of the aerospace company’s stock after purchasing an additional 192,190 shares during the period. Barclays PLC owned 0.44% of Hexcel worth $21,767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HXL. Alliancebernstein L.P. grew its position in Hexcel by 1,918.9% during the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after buying an additional 2,070,366 shares in the last quarter. American Century Companies Inc. raised its holdings in Hexcel by 103.8% in the 2nd quarter. American Century Companies Inc. now owns 2,759,673 shares of the aerospace company’s stock valued at $155,894,000 after acquiring an additional 1,405,538 shares in the last quarter. Norges Bank bought a new stake in shares of Hexcel during the 2nd quarter valued at $57,697,000. Brandes Investment Partners LP grew its holdings in shares of Hexcel by 49.1% during the 2nd quarter. Brandes Investment Partners LP now owns 2,440,242 shares of the aerospace company’s stock worth $137,850,000 after purchasing an additional 803,123 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of Hexcel by 92.8% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,661,690 shares of the aerospace company’s stock worth $104,188,000 after purchasing an additional 799,695 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Hexcel Stock Down 2.4%

Hexcel stock opened at $84.66 on Thursday. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 61.34, a PEG ratio of 1.33 and a beta of 1.01. Hexcel Corporation has a 52-week low of $45.28 and a 52-week high of $95.22. 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 firm has a 50 day moving average price of $85.24 and a two-hundred day moving average price of $74.37.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $491.30 million for the quarter, compared to analyst estimates of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts predict that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. This is a boost 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 (DPR) is currently 52.17%.

Analyst Upgrades and Downgrades

Several research firms have commented on HXL. UBS Group set a $99.00 target price on shares of Hexcel in a report on Friday, January 30th. Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $67.00 to $90.00 in a research report on Friday, January 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research note on Thursday, January 22nd. Truist Financial set a $94.00 price objective on shares of Hexcel in a research report on Friday, January 30th. Finally, Jefferies Financial Group raised their target price on Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Hexcel currently has a consensus rating of “Hold” and an average target price of $82.17.

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 directly owned 1,979 shares in the company, valued at approximately $183,651.20. This trade represents a 43.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.39% of the stock is owned by corporate insiders.

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.