Vaughan Nelson Investment Management L.P. cut its stake in shares of Hexcel Corporation (NYSE:HXL – Free Report) by 48.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 580,280 shares of the aerospace company’s stock after selling 537,255 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Hexcel were worth $46,962,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in Hexcel by 18.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock valued at $377,196,000 after purchasing an additional 790,320 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Hexcel by 122.7% during the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after buying an additional 2,671,682 shares during the last quarter. State Street Corp increased its holdings in shares of Hexcel by 4.3% during the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after buying an additional 191,649 shares in the last quarter. Brandes Investment Partners LP increased its holdings in shares of Hexcel by 0.3% during the fourth quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock worth $185,199,000 after buying an additional 7,371 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Hexcel by 23.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock worth $169,168,000 after buying an additional 428,541 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms recently weighed in on HXL. Wells Fargo & Company initiated coverage on Hexcel in a report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price objective on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $95.00 target price on shares of Hexcel in a report on Sunday, April 26th. BMO Capital Markets upped 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 reiterated a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $79.00 price target on shares of Hexcel in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $91.00.
Hexcel Trading Down 0.3%
Shares of NYSE HXL opened at $97.35 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. Hexcel Corporation has a 52-week low of $53.87 and a 52-week high of $101.51. The firm has a 50 day moving average price of $90.57 and a two-hundred day moving average price of $84.87. The stock has a market cap of $7.34 billion, a P/E ratio of 64.05, a price-to-earnings-growth ratio of 1.48 and a beta of 1.08.
Hexcel (NYSE:HXL – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.17. The company had revenue of $501.50 million for 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%. Hexcel’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts forecast that Hexcel Corporation will post 2.24 EPS for the current year.
Hexcel Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s dividend payout ratio (DPR) is currently 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.
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