Hexcel Corporation (NYSE:HXL - Get Free Report) insider Gina Fitzsimons sold 9,675 shares of the business's 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 sale, the insider owned 7,712 shares in the company, valued at approximately $795,415.68. The trade was a 55.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Hexcel Stock Down 1.1%
Shares of HXL stock opened at $102.95 on Tuesday. Hexcel Corporation has a fifty-two week low of $60.05 and a fifty-two week high of $111.74. The firm has a market capitalization of $7.79 billion, a PE ratio of 51.73, a P/E/G ratio of 1.48 and a beta of 1.06. 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 stock's 50-day simple moving average is $101.21 and its 200-day simple moving average is $91.89.
Hexcel (NYSE:HXL - Get Free Report) last released its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.09. The firm had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts expect that Hexcel Corporation will post 2.36 earnings per share for the current year.
Hexcel Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $0.18 per share. 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 0.7%. Hexcel's dividend payout ratio (DPR) is currently 36.18%.
Analyst Upgrades and Downgrades
Several analysts have recently commented on HXL shares. Weiss Ratings raised shares of Hexcel from a "hold (c)" rating to a "buy (b-)" rating in a report on Tuesday, August 4th. 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 report on Monday, August 3rd. The Goldman Sachs Group boosted their target price on shares of Hexcel from $88.00 to $97.00 and gave the company a "neutral" rating in a research report on Tuesday, August 4th. Wells Fargo & Company increased their price target on Hexcel from $95.00 to $120.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $110.00 price target on shares of Hexcel in a research report on Sunday, August 2nd. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $107.18.
View Our Latest Stock Analysis on Hexcel
Institutional Investors Weigh In On Hexcel
A number of hedge funds and other institutional investors have recently made changes to their positions in HXL. Northwestern Mutual Wealth Management Co. boosted its holdings in Hexcel by 3,435.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 42,920 shares of the aerospace company's stock worth $3,172,000 after buying an additional 41,706 shares in the last quarter. M&T Bank Corp acquired a new stake in Hexcel during the fourth quarter valued at $1,621,000. Redwood Investment Management LLC purchased a new position in Hexcel in the first quarter valued at $1,054,000. Amundi acquired a new position in shares of Hexcel in the first quarter worth about $5,025,000. Finally, First Trust Advisors LP raised its position in shares of Hexcel by 28.7% in the first quarter. First Trust Advisors LP now owns 235,425 shares of the aerospace company's stock worth $19,053,000 after acquiring an additional 52,506 shares during the period. Institutional investors and hedge funds own 95.47% of the company's stock.
Hexcel Company Profile
(
Get 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
