Hexcel Corporation $HXL Shares Sold by Kopion Asset Management LLC

Kopion Asset Management LLC lowered its holdings in Hexcel Corporation (NYSE:HXLFree Report) by 13.9% in the second quarter, Holdings Channel.com reports. The firm owned 46,856 shares of the aerospace company’s stock after selling 7,587 shares during the period. Hexcel accounts for 3.0% of Kopion Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. Kopion Asset Management LLC’s holdings in Hexcel were worth $4,688,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Alliancebernstein L.P. lifted its position in Hexcel by 1,918.9% during the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after buying an additional 2,070,366 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Hexcel in the 3rd quarter valued at about $123,233,000. Price T Rowe Associates Inc. MD increased its stake in shares of Hexcel by 18.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock valued at $377,196,000 after acquiring an additional 790,320 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Hexcel by 87.5% during the 4th quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock valued at $98,657,000 after acquiring an additional 623,032 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Hexcel by 122.3% during the 3rd quarter. UBS Group AG now owns 955,995 shares of the aerospace company’s stock worth $59,941,000 after acquiring an additional 525,900 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reissued a “hold” rating and issued a $110.00 target price on shares of Hexcel in a research report on Sunday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $100.00 price target on shares of Hexcel in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a report on Friday, July 17th. Wells Fargo & Company boosted their price objective on shares of Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, BMO Capital Markets upped their price objective on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Hexcel presently has a consensus rating of “Hold” and a consensus price target of $107.18.

Read Our Latest Stock Report on Hexcel

Hexcel Stock Up 2.0%

Shares of Hexcel stock opened at $104.35 on Wednesday. Hexcel Corporation has a twelve month low of $59.79 and a twelve month high of $111.74. The stock has a market cap of $7.89 billion, a price-to-earnings ratio of 52.44, a price-to-earnings-growth ratio of 1.50 and a beta of 1.06. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $98.79 and a 200 day moving average price of $90.64.

Hexcel (NYSE:HXLGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The firm’s revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts forecast that Hexcel Corporation will post 2.35 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, August 10th. Hexcel’s dividend payout ratio (DPR) is presently 36.18%.

About Hexcel

(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.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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