Geode Capital Management LLC Purchases 11,973 Shares of Hexcel Corporation $HXL

Geode Capital Management LLC lifted its position in Hexcel Corporation (NYSE:HXL) by 0.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,419,722 shares of the aerospace company’s stock after acquiring an additional 11,973 shares during the period. Geode Capital Management LLC’s holdings in Hexcel were worth $104,943,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HXL. MMA Asset Management LLC purchased a new stake in shares of Hexcel during the third quarter valued at $35,000. Optiver Holding B.V. boosted its stake in shares of Hexcel by 469.3% during the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 474 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Hexcel by 8,671.4% during the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 607 shares during the period. Leonteq Securities AG purchased a new stake in shares of Hexcel during the fourth quarter valued at $38,000. Finally, Covestor Ltd boosted its stake in shares of Hexcel by 42.1% during the fourth quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock valued at $42,000 after purchasing an additional 169 shares during the period. Institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $60.00 to $95.00 in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Hexcel in a research report on Friday, April 24th. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. Finally, Wells Fargo & Company initiated coverage on shares of Hexcel in a research report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $91.00.

Hexcel Trading Down 0.4%

NYSE HXL opened at $89.26 on Friday. 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 company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 58.72, a price-to-earnings-growth ratio of 1.35 and a beta of 1.08. The company’s 50-day simple moving average is $87.40 and its two-hundred day simple moving average is $83.20. Hexcel Corporation has a one year low of $53.87 and a one year high of $98.26.

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

Hexcel Dividend Announcement

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

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.