Vaughan Nelson Investment Management L.P. Boosts Holdings in Hexcel Corporation $HXL

Vaughan Nelson Investment Management L.P. grew its position in shares of Hexcel Corporation (NYSE:HXL) by 92.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,661,690 shares of the aerospace company’s stock after purchasing an additional 799,695 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 2.09% of Hexcel worth $104,188,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its stake in Hexcel by 21.7% during the second quarter. Geneos Wealth Management Inc. now owns 924 shares of the aerospace company’s stock valued at $52,000 after buying an additional 165 shares during the period. ProShare Advisors LLC boosted its position in shares of Hexcel by 3.7% during the 2nd quarter. ProShare Advisors LLC now owns 4,779 shares of the aerospace company’s stock valued at $270,000 after acquiring an additional 172 shares during the last quarter. Park Place Capital Corp grew its holdings in shares of Hexcel by 65.1% during the second quarter. Park Place Capital Corp now owns 497 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 196 shares in the last quarter. Blue Trust Inc. increased its position in shares of Hexcel by 4.1% in the second quarter. Blue Trust Inc. now owns 7,057 shares of the aerospace company’s stock worth $399,000 after purchasing an additional 281 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Hexcel by 57.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 786 shares of the aerospace company’s stock valued at $44,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Stock Performance

Hexcel stock opened at $78.38 on Wednesday. The firm has a fifty day simple moving average of $73.50 and a two-hundred day simple moving average of $65.99. The company has a quick ratio of 1.50, a current ratio of 2.75 and a debt-to-equity ratio of 0.48. Hexcel Corporation has a twelve month low of $45.28 and a twelve month high of $79.20. The company has a market capitalization of $6.24 billion, a PE ratio of 92.21, a P/E/G ratio of 2.00 and a beta of 1.08.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, October 22nd. The aerospace company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Hexcel had a net margin of 3.67% and a return on equity of 9.25%. The company had revenue of $456.20 million for the quarter, compared to the consensus estimate of $449.99 million. During the same period last year, the business posted $0.47 earnings per share. The firm’s quarterly revenue was down .2% compared to the same quarter last year. Hexcel has set its FY 2025 guidance at 1.700-1.800 EPS. Research analysts expect that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were given a $0.17 dividend. The ex-dividend date was Monday, November 3rd. This represents a $0.68 annualized dividend and a yield of 0.9%. Hexcel’s payout ratio is presently 80.00%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on HXL shares. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research note on Wednesday, October 8th. Cowen reiterated a “hold” rating on shares of Hexcel in a research report on Friday, October 24th. Truist Financial increased their target price on Hexcel from $75.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Citigroup reaffirmed a “reduce” rating on shares of Hexcel in a research note on Thursday, October 23rd. Finally, TD Cowen increased their price objective on Hexcel from $67.00 to $77.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Hexcel presently has an average rating of “Hold” and an average target price of $73.33.

Insider Activity at Hexcel

In other Hexcel news, EVP Patrick Winterlich sold 3,413 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $73.34, for a total transaction of $250,309.42. Following the completion of the sale, the executive vice president owned 40,357 shares of the company’s stock, valued at $2,959,782.38. This represents a 7.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lyndon John Smith sold 2,077 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $73.02, for a total value of $151,662.54. Following the transaction, the insider owned 8,426 shares in the company, valued at approximately $615,266.52. This represents a 19.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.03% of the company’s stock.

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.