Louisiana State Employees Retirement System Invests $1.78 Million in Hexcel Corporation $HXL

Louisiana State Employees Retirement System acquired a new position in shares of Hexcel Corporation (NYSE:HXLFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 22,000 shares of the aerospace company’s stock, valued at approximately $1,780,000.

Other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its position in Hexcel by 18.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after acquiring an additional 790,320 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of 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 purchasing an additional 2,671,682 shares during the last quarter. State Street Corp boosted its stake in Hexcel by 4.3% during 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 during the period. Brandes Investment Partners LP boosted its stake in Hexcel by 0.3% during the 4th quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock valued at $185,199,000 after purchasing an additional 7,371 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its holdings 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 buying an additional 428,541 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on HXL shares. 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 for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. KeyCorp assumed coverage on shares of Hexcel in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $105.00 price target on shares of Hexcel in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Hexcel presently has an average rating of “Hold” and an average target price of $91.00.

Read Our Latest Stock Report on HXL

Hexcel Price Performance

Shares of NYSE:HXL opened at $100.11 on Wednesday. The business’s 50 day moving average is $92.38 and its 200-day moving average is $85.90. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $7.55 billion, a PE ratio of 65.86, a PEG ratio of 1.49 and a beta of 1.08. Hexcel Corporation has a 1-year low of $56.20 and a 1-year high of $101.51.

Hexcel (NYSE:HXLGet Free Report) last issued its earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.42 by $0.17. The firm had revenue of $501.50 million during the quarter, compared to analysts’ expectations of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.Hexcel’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business earned $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Sell-side analysts predict that Hexcel Corporation will post 2.25 earnings per share for the current 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 given 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 payout ratio is 47.37%.

Hexcel Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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