Hexcel Corporation $HXL Stock Holdings Cut by Kopion Asset Management LLC

Kopion Asset Management LLC decreased its position in Hexcel Corporation (NYSE:HXL) by 14.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,913 shares of the aerospace company’s stock after selling 6,943 shares during the quarter. Hexcel makes up approximately 2.2% of Kopion Asset Management LLC’s portfolio, making the stock its 17th largest position. Kopion Asset Management LLC owned about 0.05% of Hexcel worth $3,349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Hexcel during the second quarter worth about $1,422,742,000. Bank of America Corp DE purchased a new stake in Hexcel in the 2nd quarter valued at about $216,948,000. Bank of New York Mellon Corp bought a new position in shares of Hexcel during the 2nd quarter worth approximately $51,460,000. The Manufacturers Life Insurance Company purchased a new position in shares of Hexcel in the 2nd quarter worth approximately $39,649,000. Finally, Grandfield & Dodd LLC purchased a new position in shares of Hexcel in the 2nd quarter worth approximately $32,711,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insider Buying and Selling at Hexcel

In related news, insider Gail E. Lehman sold 13,829 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total value of $1,273,650.90. Following the sale, the insider owned 20,148 shares in the company, valued at approximately $1,855,630.80. This trade represents a 40.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 directly owned 7,712 shares of the company’s stock, valued at $795,415.68. This represents a 55.65% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.84% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HXL shares. Royal Bank Of Canada reiterated an “outperform” rating and set a $115.00 price target on shares of Hexcel in a report on Wednesday, September 23rd. Morgan Stanley raised their price objective on shares of Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Weiss Ratings upgraded Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. The Goldman Sachs Group upped their price target on Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Finally, TD Cowen cut their target price on shares of Hexcel from $115.00 to $90.00 and set a “hold” rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $105.17.

Hexcel Price Performance

NYSE HXL traded up $0.41 during trading hours on Friday, hitting $85.54. The company had a trading volume of 250,154 shares, compared to its average volume of 1,088,005. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 43.05, a PEG ratio of 1.20 and a beta of 1.10. Hexcel Corporation has a 52 week low of $60.82 and a 52 week high of $111.74. The firm has a 50 day simple moving average of $93.08 and a 200 day simple moving average of $92.84.

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

Hexcel Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were paid a $0.18 dividend. The ex-dividend date was Monday, August 10th. This represents a $0.72 annualized dividend and a yield of 0.8%. Hexcel’s dividend payout ratio is currently 36.18%.

Hexcel Company Profile

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to help customers reduce weight, improve performance, and increase fuel efficiency in aircraft and other demanding applications.

The company’s product portfolio includes carbon fiber, specialty reinforcements, prepreg materials, honeycomb cores, adhesives, and other composite technologies. Hexcel also produces engineered composite structures and components used in commercial aircraft, military aircraft, helicopters, launch vehicles, satellites, and various industrial applications, including wind energy and transportation.

Hexcel traces its roots to the development of lightweight honeycomb materials in the mid-20th century and has expanded through research, manufacturing, and acquisitions into a global composites supplier.