Natixis Advisors LLC Trims Holdings in Hexcel Corporation $HXL

Natixis Advisors LLC lowered its holdings in shares of Hexcel Corporation (NYSE:HXLFree Report) by 10.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 539,410 shares of the aerospace company’s stock after selling 66,256 shares during the period. Natixis Advisors LLC owned 0.68% of Hexcel worth $39,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Leeward Investments LLC MA raised its stake in shares of Hexcel by 33.4% during the third quarter. Leeward Investments LLC MA now owns 371,161 shares of the aerospace company’s stock worth $23,272,000 after purchasing an additional 92,892 shares during the last quarter. Altfest L J & Co. Inc. purchased a new position in Hexcel in the 4th quarter valued at $914,000. Barclays PLC increased its stake in Hexcel by 124.0% in the 3rd quarter. Barclays PLC now owns 347,156 shares of the aerospace company’s stock valued at $21,767,000 after buying an additional 192,190 shares during the period. Madison Asset Management LLC purchased a new position in Hexcel during the 3rd quarter worth $1,410,000. Finally, Channing Capital Management LLC lifted its stake in shares of Hexcel by 5.5% in the 3rd quarter. Channing Capital Management LLC now owns 1,334,649 shares of the aerospace company’s stock worth $83,682,000 after acquiring an additional 69,201 shares during the period. 95.47% of the stock is owned by hedge funds and other institutional investors.

Hexcel Stock Up 0.3%

Hexcel stock opened at $88.29 on Thursday. Hexcel Corporation has a fifty-two week low of $53.87 and a fifty-two week high of $98.26. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 58.08, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. The stock’s fifty day moving average is $87.07 and its two-hundred day moving average is $83.01. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45.

Hexcel (NYSE:HXLGet Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.17. The business had revenue of $501.50 million during the quarter, compared to the consensus estimate of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.37 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Analysts predict that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s dividend payout ratio (DPR) is 47.37%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HXL. Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $60.00 to $95.00 in a research note on Thursday, February 12th. KeyCorp initiated coverage on Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Wells Fargo & Company initiated coverage on Hexcel in a research note on Wednesday, April 1st. They set an “overweight” rating and a $95.00 target price for the company. Wall Street Zen raised Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $91.00.

Read Our Latest Analysis on Hexcel

Hexcel Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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