Hexcel Corporation $HXL Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its holdings in Hexcel Corporation (NYSE:HXL) by 3.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 240,521 shares of the aerospace company’s stock after selling 8,742 shares during the period. Wellington Management Group LLP’s holdings in Hexcel were worth $24,067,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Hexcel in the 2nd quarter valued at $1,422,742,000. Bank of America Corp DE purchased a new stake in Hexcel in the 2nd quarter valued at about $216,948,000. Alliancebernstein L.P. lifted its position 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 valued at $123,050,000 after buying an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in Hexcel in the third quarter valued at about $123,233,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in 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. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Stock Down 0.5%

Shares of HXL opened at $91.97 on Friday. The stock has a market capitalization of $6.95 billion, a PE ratio of 46.22, a P/E/G ratio of 1.31 and a beta of 1.05. Hexcel Corporation has a 1 year low of $60.26 and a 1 year high of $111.74. 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 company’s 50-day simple moving average is $100.47 and its 200-day simple moving average is $92.75.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating 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 firm had revenue of $529.30 million during the quarter, compared to analysts’ expectations of $528.08 million. During the same quarter in the previous year, the business posted $0.50 earnings per share. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Analysts forecast that Hexcel Corporation will post 2.36 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were given 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 dividend yield of 0.8%. Hexcel’s dividend payout ratio is currently 36.18%.

Insider Buying and Selling at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $103.14, for a total value of $997,879.50. Following the sale, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HXL. The Goldman Sachs Group boosted their price target on shares of Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. UBS Group increased their price objective on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. TD Cowen upped their price target on Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Finally, Weiss Ratings upgraded Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Hexcel presently has an average rating of “Hold” and an average price target of $107.18.

Hexcel Company 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.