Ceredex Value Advisors LLC Reduces Stock Position in Hexcel Corporation $HXL

Ceredex Value Advisors LLC lessened its holdings in Hexcel Corporation (NYSE:HXL) by 15.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 649,300 shares of the aerospace company’s stock after selling 120,552 shares during the quarter. Ceredex Value Advisors LLC owned approximately 0.82% of Hexcel worth $40,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Alliancebernstein L.P. grew its holdings in shares of Hexcel by 1,918.9% in the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after purchasing an additional 2,070,366 shares during the last quarter. American Century Companies Inc. grew its stake in Hexcel by 103.8% in the 2nd quarter. American Century Companies Inc. now owns 2,759,673 shares of the aerospace company’s stock worth $155,894,000 after acquiring an additional 1,405,538 shares in the last quarter. Norges Bank purchased a new position in shares of Hexcel during the second quarter worth approximately $57,697,000. Brandes Investment Partners LP raised its stake in shares of Hexcel by 49.1% during the second quarter. Brandes Investment Partners LP now owns 2,440,242 shares of the aerospace company’s stock valued at $137,850,000 after acquiring an additional 803,123 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its stake in shares of Hexcel by 92.8% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,661,690 shares of the aerospace company’s stock valued at $104,188,000 after acquiring an additional 799,695 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors.

Hexcel Stock Performance

Shares of NYSE:HXL opened at $87.02 on Tuesday. The firm has a 50 day moving average of $84.79 and a 200 day moving average of $74.14. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 63.06, a price-to-earnings-growth ratio of 1.36 and a beta of 1.01. Hexcel Corporation has a 52 week low of $45.28 and a 52 week high of $95.22.

Hexcel (NYSE:HXL) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The business had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts predict that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. This is a boost from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date was Monday, February 9th. Hexcel’s payout ratio is presently 52.17%.

Insider Buying and Selling

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the completion of the transaction, the insider directly owned 1,979 shares in the company, valued at approximately $183,651.20. The trade was a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HXL. Truist Financial set a $94.00 price objective on Hexcel in a research note on Friday, January 30th. Jefferies Financial Group lifted their target price on Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Royal Bank Of Canada increased their price target on Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Finally, Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $60.00 to $95.00 in a report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $82.17.

Hexcel 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.