Kopion Asset Management LLC reduced its position in Hexcel Corporation (NYSE:HXL – Free Report) by 13.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,856 shares of the aerospace company’s stock after selling 7,587 shares during the period. Hexcel comprises 3.0% of Kopion Asset Management LLC’s investment portfolio, making the stock its 15th biggest position. Kopion Asset Management LLC owned approximately 0.06% of Hexcel worth $4,688,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. acquired a new stake in Hexcel in the first quarter valued at $28,000. Prosperity Bancshares Inc acquired a new position in shares of Hexcel during the 4th quarter worth $36,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Hexcel in the 1st quarter worth about $37,000. Transamerica Financial Advisors LLC boosted its position in shares of Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after buying an additional 326 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in Hexcel in the 4th quarter valued at about $38,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HXL has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 target price on shares of Hexcel in a report on Tuesday. Wolfe Research downgraded shares of Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday. Bank of America lowered shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target on the stock. in a research report on Monday. Royal Bank Of Canada raised their price objective on shares of Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, BMO Capital Markets lifted their price objective on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Hexcel has a consensus rating of “Hold” and a consensus target price of $107.18.
Hexcel Stock Up 2.0%
HXL opened at $104.35 on Wednesday. The firm has a market cap of $7.89 billion, a P/E ratio of 52.44, a PEG ratio of 1.50 and a beta of 1.06. The business’s fifty day simple moving average is $98.79 and its 200 day simple moving average is $90.64. Hexcel Corporation has a 52 week low of $59.79 and a 52 week high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74.
Hexcel (NYSE:HXL – Get Free Report) last announced its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.09. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The firm had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. During the same quarter in the previous year, the company posted $0.50 EPS. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities research analysts anticipate that Hexcel Corporation will post 2.35 EPS for the current fiscal year.
Hexcel Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th. Hexcel’s payout ratio is currently 36.18%.
Hexcel Company 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.
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