Public Employees Retirement System of Ohio Takes Position in Hexcel Corporation $HXL

Public Employees Retirement System of Ohio purchased a new position in Hexcel Corporation (NYSE:HXL) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,126 shares of the aerospace company’s stock, valued at approximately $2,414,000.

Other large investors have also made changes to their positions in the company. GHP Investment Advisors Inc. acquired a new stake in shares of Hexcel in the first quarter worth $28,000. Group One Trading LLC acquired a new stake in Hexcel during the 2nd quarter worth about $36,000. Prosperity Bancshares Inc purchased a new position in shares of Hexcel during the 4th quarter valued at about $36,000. Cedar Mountain Advisors LLC acquired a new position in shares of Hexcel in the 1st quarter valued at about $37,000. Finally, Transamerica Financial Advisors LLC lifted its holdings in shares of Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after buying an additional 326 shares during the period. 95.47% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Gina Fitzsimons sold 9,675 shares of Hexcel stock in a transaction on Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the sale, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.84% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

HXL has been the topic of a number of recent research reports. Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. UBS Group boosted their price target on Hexcel from $113.00 to $126.00 and gave the company a “buy” rating in a report on Friday, July 31st. Morgan Stanley upped their price objective on Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Jefferies Financial Group reaffirmed a “hold” rating and set a $110.00 price objective on shares of Hexcel in a research note on Sunday, August 2nd. Finally, Royal Bank Of Canada lifted their target price on shares of Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Hexcel presently has a consensus rating of “Hold” and a consensus target price of $107.18.

Hexcel Price Performance

NYSE:HXL opened at $91.97 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. Hexcel Corporation has a 52 week low of $60.26 and a 52 week high of $111.74. The stock’s 50-day moving average price is $100.47 and its 200-day moving average price is $92.75. The stock has a market capitalization of $6.95 billion, a PE ratio of 46.22, a price-to-earnings-growth ratio of 1.31 and a beta of 1.05.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company had revenue of $529.30 million for the quarter, compared to the consensus estimate of $528.08 million. During the same quarter in the prior year, the business posted $0.50 earnings per share. Hexcel’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities analysts expect that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were given a dividend of $0.18 per share. The ex-dividend date was Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Hexcel’s dividend payout ratio (DPR) is 36.18%.

Hexcel Company 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.