85,256 Shares in Hexcel Corporation $HXL Purchased by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. purchased a new position in shares of Hexcel Corporation (NYSE:HXL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,256 shares of the aerospace company’s stock, valued at approximately $7,155,000. Contravisory Investment Management Inc. owned about 0.11% of Hexcel at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wedmont Private Capital lifted its holdings in shares of Hexcel by 18.8% during the third quarter. Wedmont Private Capital now owns 2,657 shares of the aerospace company’s stock worth $226,000 after purchasing an additional 420 shares during the period. GAMMA Investing LLC increased its stake in Hexcel by 45.9% in the 3rd quarter. GAMMA Investing LLC now owns 5,060 shares of the aerospace company’s stock valued at $425,000 after buying an additional 1,593 shares during the period. Vista Investment Partners LLC purchased a new position in Hexcel during the 3rd quarter worth $311,000. MassMutual Private Wealth & Trust FSB raised its position in Hexcel by 10.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 4,469 shares of the aerospace company’s stock worth $375,000 after buying an additional 409 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in Hexcel by 11.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,942 shares of the aerospace company’s stock worth $595,000 after buying an additional 602 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Price Performance

Hexcel stock traded up $1.29 during midday trading on Tuesday, reaching $86.24. The company’s stock had a trading volume of 878,125 shares, compared to its average volume of 1,087,701. The firm has a market capitalization of $6.52 billion, a PE ratio of 43.34, a P/E/G ratio of 1.21 and a beta of 1.10. Hexcel Corporation has a fifty-two week low of $60.82 and a fifty-two week high of $111.74. The stock’s 50 day simple moving average is $92.38 and its 200 day simple moving average is $92.91. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43.

Hexcel (NYSE:HXL) last posted its quarterly 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. The business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities research analysts forecast that Hexcel Corporation will post 2.36 earnings per share for the current year.

Hexcel Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently commented on HXL. Bank of America cut shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price for the company. in a research note on Monday, August 3rd. Seaport Research Partners upgraded shares of Hexcel from a “neutral” rating to a “buy” rating and set a $104.00 price target on the stock in a research note on Sunday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price target on shares of Hexcel in a report on Tuesday, August 4th. Wells Fargo & Company reduced their price objective on shares of Hexcel from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, September 30th. Finally, Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. One equities research 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’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $105.17.

Insider Transactions at Hexcel

In related news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was 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 in the company, valued at $795,415.68. This represents a 55.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gail E. Lehman sold 13,829 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total value of $1,273,650.90. Following the completion of the transaction, the insider directly owned 20,148 shares of the company’s stock, valued at $1,855,630.80. The trade was a 40.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.84% of the company’s stock.

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.