Castleark Management LLC Acquires New Shares in Hexcel Corporation $HXL

Castleark Management LLC bought a new position in shares of Hexcel Corporation (NYSE:HXL) during the second quarter, HoldingsChannel.com reports. The firm bought 106,050 shares of the aerospace company’s stock, valued at approximately $10,611,000.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Hexcel by 12.6% during the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after buying an additional 13,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Hexcel by 7.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after buying an additional 468 shares in the last quarter. Caxton Associates LLP acquired a new stake in Hexcel in the 1st quarter valued at about $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Hexcel by 14.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock valued at $15,033,000 after acquiring an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock valued at $42,000 after acquiring an additional 441 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insider Buying and Selling

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 7,712 shares in the company, valued at $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.84% of the stock is owned by corporate insiders.

Hexcel Stock Performance

Hexcel stock opened at $93.76 on Wednesday. The stock has a fifty day moving average price of $101.14 and a 200 day moving average price of $92.45. Hexcel Corporation has a 52 week low of $60.26 and a 52 week high of $111.74. The firm has a market capitalization of $7.09 billion, a P/E ratio of 47.12, a PEG ratio of 1.32 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.

Hexcel (NYSE:HXL) last released its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The firm 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 period in the previous year, the firm earned $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts anticipate that Hexcel Corporation will post 2.36 earnings per share for the current year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s payout ratio is 36.18%.

Analysts Set New Price Targets

HXL has been the topic of several recent research reports. Bank of America downgraded shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target on the stock. in a report on Monday, August 3rd. UBS Group raised their price objective on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. TD Cowen increased their target price on Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group raised their price target on Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $107.18.

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.