Old West Investment Management LLC purchased a new position in Hexcel Corporation (NYSE:HXL – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 9,317 shares of the aerospace company’s stock, valued at approximately $932,000.
A number of other large investors also recently modified their holdings of HXL. GHP Investment Advisors Inc. acquired a new stake in Hexcel in the first quarter worth about $28,000. Prosperity Bancshares Inc bought a new position in Hexcel in the 4th quarter valued at about $36,000. Cedar Mountain Advisors LLC acquired a new position in Hexcel during the 1st quarter valued at about $37,000. Transamerica Financial Advisors LLC increased its stake in Hexcel by 181.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after buying an additional 326 shares during the period. Finally, Leonteq Securities AG bought a new stake in shares of Hexcel during the 4th quarter worth about $38,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Bank of America lowered shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target for the company. in a research note on Monday, August 3rd. Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday. Weiss Ratings raised Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. TD Cowen lifted their target price on Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group boosted their price target on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.18.
Hexcel Trading Down 0.1%
Hexcel stock opened at $103.98 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. The firm has a market cap of $7.86 billion, a price-to-earnings ratio of 52.25, a price-to-earnings-growth ratio of 1.48 and a beta of 1.06. Hexcel Corporation has a 1 year low of $60.05 and a 1 year high of $111.74. The firm’s 50 day moving average price is $100.93 and its two-hundred day moving average price is $91.74.
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The company had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, research analysts predict that Hexcel Corporation will post 2.36 EPS for the current fiscal year.
Hexcel Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.7%. Hexcel’s payout ratio is 36.18%.
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.
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