Squarepoint Ops LLC Has $34.35 Million Stock Holdings in Hexcel Corporation $HXL

Squarepoint Ops LLC raised its holdings in Hexcel Corporation (NYSE:HXL) by 26.8% during the second quarter, HoldingsChannel.com reports. The fund owned 343,283 shares of the aerospace company’s stock after purchasing an additional 72,660 shares during the period. Squarepoint Ops LLC’s holdings in Hexcel were worth $34,349,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Waverly Advisors LLC increased its holdings in Hexcel by 3.9% in the 2nd quarter. Waverly Advisors LLC now owns 3,598 shares of the aerospace company’s stock worth $360,000 after purchasing an additional 134 shares in the last quarter. Nykredit A S bought a new stake in shares of Hexcel during the second quarter worth about $263,000. Amundi increased its stake in shares of Hexcel by 124.4% in the second quarter. Amundi now owns 139,357 shares of the aerospace company’s stock valued at $13,944,000 after buying an additional 77,268 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Hexcel in the 2nd quarter valued at approximately $871,000. Finally, California State Teachers Retirement System increased its position in Hexcel by 9,332.2% in the 2nd quarter. California State Teachers Retirement System now owns 8,737,639 shares of the aerospace company’s stock valued at $874,288,000 after acquiring an additional 8,645,003 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Price Performance

Shares of NYSE:HXL opened at $91.21 on Wednesday. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74. The stock’s 50 day moving average is $100.16 and its 200-day moving average is $92.82. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $6.90 billion, a price-to-earnings ratio of 45.83, a PEG ratio of 1.31 and a beta of 1.05.

Hexcel (NYSE:HXL) last posted its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The business had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. Hexcel’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Sell-side analysts forecast that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were issued a $0.18 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. Hexcel’s dividend payout ratio is currently 36.18%.

Wall Street Analyst Weigh In

HXL has been the topic of several analyst reports. Royal Bank Of Canada boosted their price objective on shares of Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings raised Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. TD Cowen raised their price objective on Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. UBS Group lifted their price objective on Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group increased their target price on shares of Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Hexcel currently has a consensus rating of “Hold” and a consensus price target of $107.18.

Insider Buying and Selling at Hexcel

In other Hexcel 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 transaction of $997,879.50. Following the completion of the transaction, the insider directly owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gail E. Lehman sold 13,829 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total value of $1,273,650.90. Following the transaction, the insider owned 20,148 shares of the company’s stock, valued at $1,855,630.80. The trade was a 40.70% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.84% of the company’s stock.

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.