Hexcel Corporation (HXL) To Go Ex-Dividend on August 10th

Hexcel Corporation (NYSE:HXL) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 0.18 per share by the aerospace company on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th.

Hexcel has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 3 years. Hexcel has a payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hexcel to earn $3.35 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 21.5%.

Hexcel Price Performance

Shares of NYSE HXL opened at $102.68 on Friday. The firm has a market capitalization of $7.74 billion, a P/E ratio of 51.60, a PEG ratio of 1.61 and a beta of 1.05. Hexcel has a one year low of $58.20 and a one year high of $111.74. The company’s fifty day moving average is $97.80 and its two-hundred day moving average is $90.20. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45.

Hexcel (NYSE:HXL) last posted its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.19%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Analysts forecast that Hexcel will post 2.26 EPS for the current fiscal year.

Institutional Investors Weigh In On Hexcel

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Hexcel by 12.6% during the first quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after acquiring an additional 13,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Hexcel by 7.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock valued at $348,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Hexcel during the 1st quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Hexcel by 14.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock worth $15,033,000 after purchasing an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 441 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

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.