Hexcel (NYSE:HXL) Hits New 52-Week High – Here’s What Happened

Hexcel Corporation (NYSE:HXL)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $102.48 and last traded at $101.7510, with a volume of 152782 shares trading hands. The stock had previously closed at $99.20.

Analyst Ratings Changes

Several brokerages have weighed in on HXL. BMO Capital Markets raised their target price on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price objective on shares of Hexcel in a report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. KeyCorp began coverage on Hexcel in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $79.00 target price on shares of Hexcel in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $94.00.

Hexcel Stock Performance

The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79. The company has a market cap of $7.68 billion, a PE ratio of 66.97, a P/E/G ratio of 1.51 and a beta of 1.05. The firm’s 50-day simple moving average is $93.99 and its two-hundred day simple moving average is $87.52.

Hexcel (NYSE:HXL) last posted its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The business had revenue of $501.50 million during the quarter, compared to analysts’ expectations of $488.11 million. During the same quarter last year, the company posted $0.37 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, research analysts anticipate that Hexcel Corporation will post 2.26 earnings per share for the current fiscal year.

Hexcel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were paid a $0.18 dividend. The ex-dividend date was Monday, May 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.7%. Hexcel’s dividend payout ratio (DPR) is 47.37%.

Institutional Trading of Hexcel

Several large investors have recently added to or reduced their stakes in HXL. Alliancebernstein L.P. increased its holdings in Hexcel by 122.7% in the 3rd 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 period. Alyeska Investment Group L.P. purchased a new stake in Hexcel in the third quarter valued at $123,233,000. Price T Rowe Associates Inc. MD boosted its holdings in Hexcel by 18.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock valued at $377,196,000 after purchasing an additional 790,320 shares during the last quarter. Jain Global LLC grew its position in Hexcel by 248.3% during the 3rd quarter. Jain Global LLC now owns 961,667 shares of the aerospace company’s stock worth $60,297,000 after purchasing an additional 685,528 shares during the period. Finally, Jennison Associates LLC grew its position in Hexcel by 87.5% during the 4th quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock worth $98,657,000 after purchasing an additional 623,032 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.