TimesSquare Capital Management LLC Has $22.75 Million Stake in Hexcel Corporation $HXL

TimesSquare Capital Management LLC trimmed its position in shares of Hexcel Corporation (NYSE:HXL) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 307,786 shares of the aerospace company’s stock after selling 27,926 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Hexcel were worth $22,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Gamco Investors INC. ET AL lifted its holdings in shares of Hexcel by 0.7% during the 4th quarter. Gamco Investors INC. ET AL now owns 263,792 shares of the aerospace company’s stock valued at $19,494,000 after buying an additional 1,756 shares during the last quarter. North Dakota State Investment Board acquired a new stake in shares of Hexcel during the 4th quarter valued at about $205,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hexcel by 3,435.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,920 shares of the aerospace company’s stock valued at $3,172,000 after acquiring an additional 41,706 shares in the last quarter. Madison Asset Management LLC lifted its holdings in Hexcel by 46.5% in the 4th quarter. Madison Asset Management LLC now owns 32,944 shares of the aerospace company’s stock worth $2,435,000 after purchasing an additional 10,461 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in Hexcel by 38.2% in the 4th quarter. Crossmark Global Holdings Inc. now owns 8,349 shares of the aerospace company’s stock worth $617,000 after purchasing an additional 2,308 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Hexcel Stock Performance

Shares of NYSE HXL opened at $88.34 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. The business’s 50 day moving average is $85.79 and its two-hundred day moving average is $81.61. The company has a market cap of $6.66 billion, a P/E ratio of 58.12, a P/E/G ratio of 1.35 and a beta of 1.11. Hexcel Corporation has a 12 month low of $50.54 and a 12 month high of $98.26.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.42 by $0.17. The company had revenue of $501.50 million for the quarter, compared to the consensus estimate of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities analysts expect that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s payout ratio is currently 47.37%.

Analyst Ratings Changes

Several research firms recently weighed in on HXL. BMO Capital Markets boosted their target price on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $60.00 to $95.00 in a report on Thursday, February 12th. Morgan Stanley upgraded Hexcel from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $67.00 to $90.00 in a report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $79.00 target price on shares of Hexcel in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $91.00.

Insider Buying and Selling

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of Hexcel stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $92.80, for a total value of $139,200.00. Following the transaction, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. The trade was a 43.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.84% of the stock is currently owned by corporate insiders.

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.