Hexcel Corporation (NYSE:HXL - Get Free Report) insider Gail Lehman sold 13,829 shares of the business's stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the sale, the insider directly owned 20,148 shares of the company's stock, valued at $1,855,630.80. This represents a 40.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Hexcel Trading Down 0.8%
HXL stock opened at $91.21 on Wednesday. The company has a market capitalization of $6.90 billion, a PE ratio of 45.83, a P/E/G ratio of 1.31 and a beta of 1.05. Hexcel Corporation has a 12 month low of $60.26 and a 12 month high of $111.74. The firm's 50-day moving average is $100.16 and its 200 day moving average is $92.82. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37.
Hexcel (NYSE:HXL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The company had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The firm's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, research analysts anticipate that Hexcel Corporation will post 2.36 EPS for the current year.
Hexcel Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel's payout ratio is currently 36.18%.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on HXL. Weiss Ratings upgraded Hexcel from a "hold (c)" rating to a "buy (b-)" rating in a report on Tuesday, August 4th. UBS Group raised their price objective on Hexcel from $113.00 to $126.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Morgan Stanley increased their price target on Hexcel from $97.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Friday, July 31st. Wolfe Research lowered Hexcel from an "outperform" rating to a "peer perform" rating in a research note on Friday, July 31st. Finally, Bank of America downgraded Hexcel from a "peer perform" rating to a "market perform" rating and set a $110.00 price objective for the company. in a report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $107.18.
Check Out Our Latest Research Report on HXL
Hedge Funds Weigh In On Hexcel
Institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Hexcel during the second quarter worth $1,422,742,000. California State Teachers Retirement System increased its holdings in shares of Hexcel by 9,332.2% in the 2nd quarter. California State Teachers Retirement System now owns 8,737,639 shares of the aerospace company's stock valued at $874,288,000 after acquiring an additional 8,645,003 shares during the period. Bank of America Corp DE bought a new position in shares of Hexcel in the 2nd quarter worth $216,948,000. Alliancebernstein L.P. raised its position in shares of Hexcel by 1,918.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company's stock worth $123,050,000 after acquiring an additional 2,070,366 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Hexcel during the 3rd quarter worth $123,233,000. 95.47% of the stock is owned by hedge funds and other institutional investors.
Hexcel Company Profile
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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.
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