Natixis Advisors LLC Trims Stock Holdings in Hexcel Corporation $HXL

Natixis Advisors LLC lowered its stake in shares of Hexcel Corporation (NYSE:HXLFree Report) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 539,410 shares of the aerospace company’s stock after selling 66,256 shares during the period. Natixis Advisors LLC’s holdings in Hexcel were worth $39,863,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HXL. MMA Asset Management LLC purchased a new position in Hexcel in the 3rd quarter valued at about $35,000. Optiver Holding B.V. grew its holdings in shares of Hexcel by 469.3% during the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after buying an additional 474 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Hexcel by 8,671.4% during the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock worth $38,000 after buying an additional 607 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Hexcel in the fourth quarter valued at approximately $38,000. Finally, Covestor Ltd lifted its stake in shares of Hexcel by 42.1% during the fourth quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock valued at $42,000 after buying an additional 169 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analysts Set New Price Targets

HXL has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 price target on shares of Hexcel in a research note on Friday, April 24th. KeyCorp initiated coverage on Hexcel in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Wells Fargo & Company started coverage on Hexcel in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price objective for the company. Finally, Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and upped their target price for the company from $60.00 to $95.00 in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $91.00.

Get Our Latest Stock Analysis on Hexcel

Hexcel Trading Up 0.3%

NYSE HXL opened at $88.29 on Thursday. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 58.08, a PEG ratio of 1.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. Hexcel Corporation has a one year low of $53.87 and a one year high of $98.26. The company’s 50 day moving average price is $87.07 and its 200 day moving average price is $83.01.

Hexcel (NYSE:HXLGet Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The company had revenue of $501.50 million during the quarter, compared to the consensus estimate of $488.11 million. During the same period in the previous year, the firm earned $0.37 earnings per share. Hexcel’s revenue for the quarter was up 7.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts predict that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is currently 47.37%.

About Hexcel

(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.

See Also

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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