Hexcel Corporation $HXL Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp raised its stake in shares of Hexcel Corporation (NYSE:HXL) by 121.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 236,792 shares of the aerospace company’s stock after purchasing an additional 129,961 shares during the period. Van ECK Associates Corp owned 0.30% of Hexcel worth $14,847,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. FourThought Financial Partners LLC purchased a new stake in shares of Hexcel during the 3rd quarter valued at $218,000. Legal & General Group Plc boosted its holdings in Hexcel by 2.3% in the third quarter. Legal & General Group Plc now owns 176,388 shares of the aerospace company’s stock valued at $11,060,000 after acquiring an additional 4,025 shares during the last quarter. Swiss National Bank grew its position in Hexcel by 1.6% during the third quarter. Swiss National Bank now owns 155,900 shares of the aerospace company’s stock valued at $9,775,000 after acquiring an additional 2,400 shares during the period. Russell Investments Group Ltd. increased its stake in Hexcel by 8.4% during the third quarter. Russell Investments Group Ltd. now owns 56,115 shares of the aerospace company’s stock worth $3,518,000 after acquiring an additional 4,364 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Hexcel during the third quarter worth about $633,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insiders Place Their Bets

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of Hexcel stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the sale, the insider directly owned 1,979 shares in the company, valued at $183,651.20. The trade was a 43.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.39% of the stock is currently owned by company insiders.

Hexcel Stock Down 5.6%

HXL traded down $4.63 during trading hours on Friday, reaching $78.03. 623,471 shares of the stock traded hands, compared to its average volume of 1,300,875. Hexcel Corporation has a fifty-two week low of $45.28 and a fifty-two week high of $95.22. The company has a market cap of $5.92 billion, a price-to-earnings ratio of 56.54, a PEG ratio of 1.30 and a beta of 1.01. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25. The firm’s fifty day simple moving average is $85.41 and its two-hundred day simple moving average is $74.43.

Hexcel (NYSE:HXL) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, analysts forecast that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a $0.18 dividend. This is an increase from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, February 9th. Hexcel’s dividend payout ratio (DPR) is currently 52.17%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Jefferies Financial Group lifted their price objective on Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. The Goldman Sachs Group raised their price target on shares of Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded shares of Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. Finally, Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and raised their target price for the company from $60.00 to $95.00 in a research note on Thursday, February 12th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $82.17.

About Hexcel

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.