Hexcel Corporation $HXL Stock: Pinnacle Associates Ltd. Grows Position

Pinnacle Associates Ltd. increased its stake in Hexcel Corporation (NYSE:HXL) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 115,713 shares of the aerospace company’s stock after acquiring an additional 6,286 shares during the period. Pinnacle Associates Ltd. owned approximately 0.15% of Hexcel worth $9,711,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HXL. BlackRock Inc. purchased a new stake in shares of Hexcel during the 2nd quarter valued at about $1,422,742,000. Bank of America Corp DE purchased a new position in Hexcel in the 2nd quarter worth approximately $216,948,000. Bank of New York Mellon Corp purchased a new position in Hexcel in the 2nd quarter worth approximately $51,460,000. The Manufacturers Life Insurance Company purchased a new position in Hexcel in the 2nd quarter worth approximately $39,649,000. Finally, Grandfield & Dodd LLC acquired a new stake in Hexcel in the second quarter valued at approximately $32,711,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Stock Down 1.5%

Shares of NYSE:HXL opened at $89.95 on Thursday. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. The company has a fifty day simple moving average of $90.55 and a 200 day simple moving average of $93.37. The firm has a market cap of $6.80 billion, a PE ratio of 45.20, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10. Hexcel Corporation has a 12-month low of $63.21 and a 12-month high of $111.74.

Hexcel (NYSE:HXL) last posted its quarterly earnings results on Wednesday, October 21st. The aerospace company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The firm had revenue of $496.40 million for the quarter, compared to analysts’ expectations of $501.95 million. During the same period in the prior year, the company posted $0.37 earnings per share. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. On average, equities research analysts anticipate that Hexcel Corporation will post 2.37 EPS for the current fiscal year.

Hexcel Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Monday, November 2nd will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, November 2nd. Hexcel’s dividend payout ratio is 36.18%.

Key Stories Impacting Hexcel

Here are the key news stories impacting Hexcel this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.50, ahead of the $0.48–$0.49 analyst consensus and up from $0.37 a year earlier. Net income increased to $38.6 million, while operating income rose to $54.8 million. Hexcel Tops Q3 Earnings Estimates
• Positive Sentiment: Commercial Aerospace remained the primary growth driver, with sales up 20.5% to $330.3 million. Total revenue rose 8.8% year over year, and Hexcel increased its share-repurchase authorization to $750 million. Hexcel Boosts Buyback as Aerospace Drives Q3 Growth
• Neutral Sentiment: Hexcel reaffirmed 2026 guidance for sales of $2.025 billion to $2.125 billion and adjusted diluted EPS of $2.30 to $2.40. While maintaining the outlook provides stability, investors may have expected an upgrade following the aerospace-sector growth. Hexcel Q3 Sales Rise 8.8 Percent
• Negative Sentiment: Revenue of $496.4 million missed the roughly $502 million consensus estimate. Defense, Space & Other sales fell 8.7% to $166.1 million, partially offsetting commercial aerospace strength. Reports characterized the outlook as weak, driving the negative reaction despite the EPS beat. Hexcel Falls on Revenue Miss and Weak Guidance
• Negative Sentiment: Morgan Stanley reportedly cut its price target for Hexcel (HXL), adding pressure to investor sentiment after the earnings release. Hexcel Stock Price Target Cut by Morgan Stanley

Insider Transactions at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the transaction, the insider owned 7,712 shares of the company’s stock, 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 document filed with the SEC, which is accessible through this hyperlink. Also, insider Gail Lehman sold 13,829 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the transaction, the insider directly owned 20,148 shares in the company, valued at $1,855,630.80. The trade was a 40.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on HXL. Wells Fargo & Company reduced their target price on shares of Hexcel from $120.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen downgraded shares of Hexcel from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. TD Cowen lowered their price target on shares of Hexcel from $115.00 to $90.00 and set a “hold” rating for the company in a report on Friday, October 9th. Morgan Stanley lowered their price target on shares of Hexcel from $110.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday. Finally, Jefferies Financial Group dropped their price target on shares of Hexcel from $110.00 to $98.00 and set a “hold” rating on the stock in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine 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 a consensus rating of “Hold” and an average price target of $103.25.

Hexcel Profile

Hexcel Corporation is an advanced materials company that develops and manufactures lightweight, high-performance composite materials and structural components. Its products are designed to improve strength, durability, fuel efficiency, and performance across demanding applications.

The company’s portfolio includes carbon fiber, fiberglass, specialty reinforcements, prepregs, adhesives, honeycomb materials, engineered core products, and composite structures. These materials and components are used in commercial aircraft, military and space systems, helicopters, wind turbine blades, and various industrial applications.

Hexcel serves customers worldwide through manufacturing, research, and distribution operations in North America, Europe, Asia, and other international markets.