Hexcel Corporation $HXL Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of Hexcel Corporation (NYSE:HXL) by 3,435.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 42,920 shares of the aerospace company’s stock after acquiring an additional 41,706 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Hexcel were worth $3,172,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Alliancebernstein L.P. lifted its stake in Hexcel by 122.7% during the 3rd quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after acquiring an additional 2,671,682 shares in the last quarter. State Street Corp raised its position in Hexcel by 4.3% in the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after purchasing an additional 191,649 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Hexcel by 23.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock valued at $169,168,000 after purchasing an additional 428,541 shares in the last quarter. Bank of America Corp DE raised its position in Hexcel by 5.9% in the 2nd quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock valued at $129,002,000 after purchasing an additional 126,338 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new stake in Hexcel in the 3rd quarter valued at about $123,233,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

HXL has been the topic of a number of analyst reports. Wells Fargo & Company initiated coverage on Hexcel in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target on the stock. KeyCorp initiated coverage on Hexcel in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. BMO Capital Markets increased their price target on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and increased their price target for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. Finally, Truist Financial set a $94.00 price target on Hexcel in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $91.00.

Insider Activity at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction dated 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 owned 1,979 shares in the company, valued at approximately $183,651.20. This represents a 43.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.84% of the company’s stock.

Hexcel Trading Down 0.0%

HXL opened at $86.17 on Tuesday. Hexcel Corporation has a one year low of $50.54 and a one year high of $98.26. The company has a market cap of $6.50 billion, a P/E ratio of 56.69, a PEG ratio of 1.30 and a beta of 1.11. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. The business’s 50-day simple moving average is $85.83 and its 200-day simple moving average is $82.03.

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

Hexcel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a $0.18 dividend. The ex-dividend date was Monday, May 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Hexcel’s dividend payout ratio is presently 47.37%.

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.