KLCM Advisors Inc. trimmed its holdings in Hexcel Corporation (NYSE:HXL – Free Report) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 195,184 shares of the aerospace company’s stock after selling 17,096 shares during the quarter. Hexcel comprises about 1.2% of KLCM Advisors Inc.’s portfolio, making the stock its 20th biggest holding. KLCM Advisors Inc.’s holdings in Hexcel were worth $14,424,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. New York State Common Retirement Fund grew its holdings in Hexcel by 25.8% in the 3rd quarter. New York State Common Retirement Fund now owns 421,980 shares of the aerospace company’s stock worth $26,458,000 after buying an additional 86,625 shares in the last quarter. Altfest L J & Co. Inc. bought a new position in Hexcel in the 4th quarter worth approximately $914,000. Barclays PLC boosted its stake in Hexcel by 124.0% during the 3rd quarter. Barclays PLC now owns 347,156 shares of the aerospace company’s stock valued at $21,767,000 after purchasing an additional 192,190 shares in the last quarter. Leeward Investments LLC MA increased its position in shares of Hexcel by 33.4% during the 3rd quarter. Leeward Investments LLC MA now owns 371,161 shares of the aerospace company’s stock valued at $23,272,000 after purchasing an additional 92,892 shares during the period. Finally, Madison Asset Management LLC acquired a new position in shares of Hexcel during the 3rd quarter valued at $1,410,000. 95.47% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. KeyCorp assumed coverage on Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. The Goldman Sachs Group lifted their price target on Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Jefferies Financial Group reiterated a “hold” rating and set a $95.00 price target on shares of Hexcel in a research report on Sunday, April 26th. Finally, Truist Financial set a $94.00 price target on Hexcel in a research report on Friday, January 30th. One equities research 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 given a Sell rating to the stock. According to MarketBeat.com, Hexcel currently has a consensus rating of “Hold” and a consensus price target of $91.00.
Hexcel Stock Down 1.4%
Shares of HXL stock opened at $93.99 on Tuesday. The stock has a market cap of $7.09 billion, a PE ratio of 61.84, a price-to-earnings-growth ratio of 1.45 and a beta of 1.11. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. The business’s fifty day moving average is $85.90 and its 200-day moving average is $80.79. Hexcel Corporation has a 1 year low of $50.54 and a 1 year high of $98.26.
Hexcel (NYSE:HXL – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share 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 analyst estimates of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The company’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $0.37 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts expect that Hexcel Corporation will post 2.24 earnings per share for the current fiscal year.
Hexcel Announces Dividend
The business 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. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. Hexcel’s dividend payout ratio (DPR) is currently 47.37%.
Insider Buying and Selling at Hexcel
In other news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the sale, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. This trade represents a 43.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.84% of the stock is currently owned by corporate insiders.
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.
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