Hexcel (NYSE:HXL) Sets New 1-Year High – Here’s What Happened

Hexcel Corporation (NYSE:HXL) shares reached a new 52-week high on Friday . The company traded as high as $98.86 and last traded at $98.2540, with a volume of 1072 shares traded. The stock had previously closed at $97.36.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on HXL shares. BMO Capital Markets boosted their target price on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research note 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. Wells Fargo & Company started coverage on Hexcel in a report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price target on the stock. Jefferies Financial Group reissued a “hold” rating and issued a $95.00 price objective on shares of Hexcel in a research report on Sunday, April 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $79.00 price objective on shares of Hexcel in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $91.00.

Hexcel Price Performance

The firm has a market capitalization of $7.41 billion, a P/E ratio of 64.62, a price-to-earnings-growth ratio of 1.39 and a beta of 1.08. 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 has a 50 day simple moving average of $88.46 and a two-hundred day simple moving average of $83.89.

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

Hexcel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio (DPR) is presently 47.37%.

Institutional Trading of Hexcel

Several hedge funds and other institutional investors have recently made changes to their positions in HXL. GHP Investment Advisors Inc. purchased a new position in Hexcel during the first quarter valued at $28,000. Optiver Holding B.V. boosted its holdings in Hexcel by 469.3% in the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 474 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of Hexcel in the fourth quarter worth $36,000. Cedar Mountain Advisors LLC bought a new position in shares of Hexcel during the first quarter valued at $37,000. Finally, Transamerica Financial Advisors LLC increased its holdings in shares of Hexcel by 181.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 326 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.