Kelly Lawrence W & Associates Inc. CA Invests $1.97 Million in Hexcel Corporation $HXL

Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Hexcel Corporation (NYSE:HXL) in the second quarter, HoldingsChannel.com reports. The firm bought 19,731 shares of the aerospace company’s stock, valued at approximately $1,974,000.

A number of other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new position in shares of Hexcel during the 2nd quarter worth approximately $1,422,742,000. Alliancebernstein L.P. grew its holdings in Hexcel by 1,918.9% in the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after purchasing an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Hexcel during the third quarter worth $123,233,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Hexcel by 18.3% during the 4th 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. Finally, Jennison Associates LLC boosted its position in shares of Hexcel by 87.5% in 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 in the last quarter. 95.47% of the stock is currently owned by institutional investors.

Hexcel Price Performance

Shares of Hexcel stock opened at $92.48 on Tuesday. The firm has a market cap of $6.99 billion, a PE ratio of 46.47, a P/E/G ratio of 1.34 and a beta of 1.06. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $101.23 and a 200 day moving average price of $92.37.

Hexcel (NYSE:HXL) last posted its quarterly earnings data 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. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The company had revenue of $529.30 million during the quarter, compared to analysts’ expectations of $528.08 million. During the same period in the prior year, the business posted $0.50 earnings per share. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Sell-side analysts predict that Hexcel Corporation will post 2.36 earnings per share for the current fiscal year.

Hexcel Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. Hexcel’s payout ratio is 36.18%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price objective on shares of Hexcel in a report on Tuesday, August 4th. Weiss Ratings upgraded shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Wall Street Zen cut shares of Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Jefferies Financial Group reiterated a “hold” rating and set a $110.00 price objective on shares of Hexcel in a research note on Sunday, August 2nd. Finally, Morgan Stanley upped their target price on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $107.18.

Insider Transactions at Hexcel

In related news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the sale, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.84% of the stock is currently owned by insiders.

Hexcel Profile

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.