WINTON GROUP Ltd increased its holdings in shares of Hexcel Corporation (NYSE:HXL – Free Report) by 1,901.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 98,082 shares of the aerospace company’s stock after buying an additional 93,182 shares during the quarter. WINTON GROUP Ltd’s holdings in Hexcel were worth $7,248,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in HXL. Leeward Investments LLC MA increased its position in Hexcel by 33.4% in the 3rd quarter. Leeward Investments LLC MA now owns 371,161 shares of the aerospace company’s stock worth $23,272,000 after buying an additional 92,892 shares during the period. Altfest L J & Co. Inc. bought a new position in Hexcel in the 4th quarter worth approximately $914,000. Barclays PLC increased its position in Hexcel by 124.0% in the 3rd quarter. Barclays PLC now owns 347,156 shares of the aerospace company’s stock worth $21,767,000 after buying an additional 192,190 shares during the period. M&T Bank Corp bought a new position in Hexcel in the 4th quarter worth approximately $1,621,000. Finally, Madison Asset Management LLC bought a new position in Hexcel in the 3rd quarter worth approximately $1,410,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
Hexcel Price Performance
Shares of NYSE:HXL opened at $89.26 on Friday. Hexcel Corporation has a 1-year low of $53.87 and a 1-year high of $98.26. The firm has a market capitalization of $6.73 billion, a PE ratio of 58.72, a PEG ratio of 1.36 and a beta of 1.08. The business’s 50 day moving average is $87.40 and its 200-day moving average is $83.20. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79.
Hexcel Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s dividend payout ratio is 47.37%.
Analyst Upgrades and Downgrades
Several research analysts have commented on HXL shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research report on Friday, April 24th. Wells Fargo & Company started coverage on Hexcel in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target on the stock. Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $60.00 to $95.00 in a research report on Thursday, February 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 price target on shares of Hexcel in a research report on Friday, April 24th. Finally, KeyCorp started coverage on Hexcel in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $91.00.
Read Our Latest Stock Report on HXL
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.
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