Hexcel (NYSE:HXL) Research Coverage Started at Wells Fargo & Company

Wells Fargo & Company initiated coverage on shares of Hexcel (NYSE:HXL) in a research report released on Wednesday, Marketbeat.com reports. The firm issued an overweight rating and a $95.00 price target on the aerospace company’s stock.

Several other brokerages have also issued reports on HXL. Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $67.00 to $90.00 in a research report on Friday, January 30th. KeyCorp began coverage on shares of Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $60.00 to $95.00 in a report on Thursday, February 12th. UBS Group set a $99.00 target price on shares of Hexcel in a research report on Friday, January 30th. Finally, Wall Street Zen raised Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Hexcel currently has a consensus rating of “Hold” and an average target price of $87.27.

Hexcel Price Performance

NYSE:HXL opened at $79.24 on Wednesday. Hexcel has a 52-week low of $45.28 and a 52-week high of $95.22. The stock has a fifty day moving average of $85.05 and a 200 day moving average of $76.29. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 2.26. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of 57.42, a P/E/G ratio of 1.22 and a beta of 1.05.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $491.30 million during the quarter, compared to the consensus estimate of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the company posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts expect that Hexcel will post 2.14 EPS for the current fiscal year.

Hexcel Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $0.18 dividend. This is an increase from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 9th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. Hexcel’s payout ratio is presently 52.17%.

Insiders Place Their Bets

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the business’s 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 completion of the sale, the insider owned 1,979 shares in the company, valued at approximately $183,651.20. The trade was a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.39% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HXL. Rockefeller Capital Management L.P. increased its stake in shares of Hexcel by 15.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 15,173 shares of the aerospace company’s stock worth $1,121,000 after buying an additional 2,077 shares during the period. PEAK6 LLC purchased a new stake in Hexcel during the 4th quarter valued at $273,000. DUTCH ASSET Corp purchased a new position in shares of Hexcel in the fourth quarter valued at about $236,000. Rehmann Capital Advisory Group increased its position in shares of Hexcel by 29.7% in the fourth quarter. Rehmann Capital Advisory Group now owns 5,340 shares of the aerospace company’s stock valued at $396,000 after acquiring an additional 1,223 shares during the period. Finally, Chelsea Counsel Co. raised its stake in shares of Hexcel by 2.3% during the fourth quarter. Chelsea Counsel Co. now owns 33,210 shares of the aerospace company’s stock valued at $2,454,000 after acquiring an additional 750 shares during the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

About Hexcel

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.