Oppenheimer Asset Management Inc. Invests $2.48 Million in Hexcel Corporation $HXL

Oppenheimer Asset Management Inc. bought a new position in shares of Hexcel Corporation (NYSE:HXL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,840 shares of the aerospace company’s stock, valued at approximately $2,485,000.

Other large investors have also recently bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new stake in Hexcel during the 1st quarter worth about $28,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Hexcel during the 1st quarter worth about $37,000. Prosperity Bancshares Inc acquired a new stake in shares of Hexcel during the 4th quarter worth about $36,000. Transamerica Financial Advisors LLC lifted its stake in Hexcel by 181.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 326 shares during the last quarter. Finally, Leonteq Securities AG purchased a new stake in Hexcel during the fourth quarter worth approximately $38,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Stock Performance

Shares of HXL opened at $103.98 on Monday. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. The firm has a market cap of $7.86 billion, a PE ratio of 52.25, a price-to-earnings-growth ratio of 1.48 and a beta of 1.06. The company’s 50 day simple moving average is $100.93 and its 200-day simple moving average is $91.74. Hexcel Corporation has a 12-month low of $60.05 and a 12-month high of $111.74.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The firm had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. Hexcel’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities analysts predict that Hexcel Corporation will post 2.36 EPS for the current year.

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be issued 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 dividend payout ratio is presently 36.18%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Morgan Stanley increased their price target on shares of Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. The Goldman Sachs Group boosted their price objective on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. BMO Capital Markets upped their target price on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a report on Friday, April 24th. TD Cowen increased their target price on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Finally, UBS Group lifted their price target on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Hexcel presently has an average rating of “Hold” and an average price target of $107.18.

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.