Hexcel Corporation (NYSE:HXL) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Hexcel Corporation (NYSE:HXL) have been given a consensus recommendation of “Hold” by the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $105.17.

A number of analysts recently issued reports on HXL shares. Guggenheim assumed coverage on Hexcel in a research note on Monday, September 14th. They set a “buy” rating and a $120.00 price objective on the stock. Seaport Research Partners raised Hexcel from a “neutral” rating to a “buy” rating and set a $104.00 price objective on the stock in a report on Sunday. Wells Fargo & Company cut their target price on Hexcel from $120.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. Weiss Ratings raised Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $115.00 target price on shares of Hexcel in a report on Wednesday, September 23rd.

Hexcel Trading Up 1.5%

Shares of HXL stock opened at $86.24 on Wednesday. The company’s fifty day simple moving average is $92.01 and its two-hundred day simple moving average is $92.94. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. Hexcel has a 1 year low of $60.82 and a 1 year high of $111.74. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 43.34, a PEG ratio of 1.21 and a beta of 1.10.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%. The firm had revenue of $529.30 million for the quarter, compared to the consensus estimate of $528.08 million. During the same quarter in the prior year, the business posted $0.50 earnings per share. The business’s quarterly revenue was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, analysts anticipate that Hexcel 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. Stockholders of record on Monday, August 10th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s dividend payout ratio is presently 36.18%.

Insider Buying and Selling

In related news, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the completion of the transaction, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. The trade was a 55.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gail Lehman sold 13,829 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the sale, the insider directly owned 20,148 shares in the company, valued at $1,855,630.80. This trade represents a 40.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.84% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hexcel

A number of institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC grew its stake in shares of Hexcel by 2.3% during the first quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after buying an additional 119 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in shares of Hexcel by 7.1% during the 2nd quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock worth $180,000 after acquiring an additional 120 shares during the last quarter. Waverly Advisors LLC lifted its stake in shares of Hexcel by 3.9% during the 2nd quarter. Waverly Advisors LLC now owns 3,598 shares of the aerospace company’s stock worth $360,000 after acquiring an additional 134 shares during the last quarter. Parvin Asset Management LLC boosted its holdings in Hexcel by 16.3% during the 1st quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock valued at $84,000 after acquiring an additional 145 shares during the period. Finally, Krilogy Financial LLC boosted its holdings in Hexcel by 3.0% during the 3rd quarter. Krilogy Financial LLC now owns 5,887 shares of the aerospace company’s stock valued at $500,000 after acquiring an additional 170 shares during the period. 95.47% of the stock is currently owned by institutional investors.

About Hexcel

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to help customers reduce weight, improve performance, and increase fuel efficiency in aircraft and other demanding applications.

The company’s product portfolio includes carbon fiber, specialty reinforcements, prepreg materials, honeycomb cores, adhesives, and other composite technologies. Hexcel also produces engineered composite structures and components used in commercial aircraft, military aircraft, helicopters, launch vehicles, satellites, and various industrial applications, including wind energy and transportation.

Hexcel traces its roots to the development of lightweight honeycomb materials in the mid-20th century and has expanded through research, manufacturing, and acquisitions into a global composites supplier.