Sanctuary Advisors LLC acquired a new position in shares of Hexcel Corporation (NYSE:HXL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,327 shares of the aerospace company’s stock, valued at approximately $2,634,000.
Several other hedge funds also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Hexcel in the second quarter valued at about $2,577,000. Clear Harbor Asset Management LLC acquired a new position in Hexcel during the second quarter valued at approximately $10,978,000. Commerce Bank acquired a new position in Hexcel during the second quarter valued at approximately $378,000. Northwestern Mutual Wealth Management Co. bought a new position in Hexcel in the second quarter valued at approximately $360,000. Finally, Quantbot Technologies LP bought a new position in Hexcel in the second quarter valued at approximately $651,000. Institutional investors own 95.47% of the company’s stock.
Insider Activity at Hexcel
In other news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the transaction, the insider directly owned 7,712 shares of the company’s stock, valued at $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.84% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Hexcel
Hexcel Price Performance
NYSE:HXL opened at $93.76 on Wednesday. Hexcel Corporation has a 12-month low of $60.26 and a 12-month high of $111.74. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 47.12, a P/E/G ratio of 1.32 and a beta of 1.06. The stock’s 50 day moving average price is $101.14 and its two-hundred day moving average price is $92.45. 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 (NYSE:HXL – Get Free Report) last posted its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share 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 business had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. During the same period in the previous year, the firm earned $0.50 EPS. The firm’s revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, analysts anticipate that Hexcel Corporation will post 2.36 earnings per share for the current year.
Hexcel Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s payout ratio is currently 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.
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