Hexcel (NYSE:HXL) Coverage Initiated by Analysts at KeyCorp

KeyCorp assumed coverage on shares of Hexcel (NYSE:HXL) in a report published on Wednesday. The firm issued a sector weight rating on the aerospace company’s stock.

A number of other research analysts have also issued reports on the stock. Royal Bank Of Canada raised their price objective on shares of Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Morgan Stanley raised shares of Hexcel from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $67.00 to $90.00 in a report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. Jefferies Financial Group raised their price target on shares of Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $60.00 to $95.00 in a report on Thursday, February 12th. Three analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Hexcel currently has a consensus rating of “Hold” and an average target price of $82.17.

Hexcel Price Performance

Shares of HXL opened at $82.08 on Wednesday. Hexcel has a 12-month low of $45.28 and a 12-month high of $95.22. The business has a 50-day simple moving average of $85.48 and a two-hundred day simple moving average of $75.54. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. The stock has a market cap of $6.23 billion, a PE ratio of 59.48, a PEG ratio of 1.24 and a beta of 1.01.

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

Hexcel Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a $0.18 dividend. The ex-dividend date was 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 yield of 0.9%. Hexcel’s dividend payout ratio (DPR) is currently 52.17%.

Insiders Place Their Bets

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider owned 1,979 shares in the company, valued at approximately $183,651.20. This trade represents a 43.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.39% of the company’s stock.

Institutional Investors Weigh In On Hexcel

Institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in shares of Hexcel by 18.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after buying an additional 790,320 shares during the period. Alliancebernstein L.P. raised its stake in Hexcel by 122.7% during the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after buying an additional 2,671,682 shares during the last quarter. State Street Corp lifted its holdings in Hexcel by 4.3% in the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after buying an additional 191,649 shares during the period. Brandes Investment Partners LP boosted its position in Hexcel by 0.3% during the fourth quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock valued at $185,199,000 after acquiring an additional 7,371 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in Hexcel by 23.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock valued at $169,168,000 after acquiring an additional 428,541 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

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.