Hexcel Corporation (NYSE:HXL) Receives $107.18 Consensus PT from Brokerages

Shares of Hexcel Corporation (NYSE:HXL) have received a consensus recommendation of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $108.25.

HXL has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated a “hold” rating and set a $110.00 target price on shares of Hexcel in a research note on Sunday, August 2nd. Wells Fargo & Company increased their price target on Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. The Goldman Sachs Group raised their price target on Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley lifted their price objective on Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st.

Insider Activity

In other news, insider Gail Lehman sold 13,829 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total value of $1,273,650.90. Following the transaction, the insider owned 20,148 shares in the company, valued at $1,855,630.80. This represents a 40.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the sale, the insider owned 7,712 shares of the company’s stock, valued at $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hexcel

A number of institutional investors have recently bought and sold shares of the stock. Amundi grew its stake in Hexcel by 124.4% in the second quarter. Amundi now owns 139,357 shares of the aerospace company’s stock worth $13,944,000 after purchasing an additional 77,268 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Hexcel by 3,435.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,920 shares of the aerospace company’s stock valued at $3,172,000 after purchasing an additional 41,706 shares in the last quarter. Redwood Investment Management LLC bought a new stake in Hexcel during the 1st quarter valued at $1,054,000. BlackRock Inc. purchased a new stake in shares of Hexcel in the 2nd quarter worth $1,422,742,000. Finally, First Trust Advisors LP lifted its holdings in shares of Hexcel by 28.7% in the 1st quarter. First Trust Advisors LP now owns 235,425 shares of the aerospace company’s stock worth $19,053,000 after buying an additional 52,506 shares during the period. 95.47% of the stock is owned by institutional investors.

Hexcel Price Performance

NYSE HXL opened at $90.97 on Friday. Hexcel has a one year low of $60.26 and a one year high of $111.74. The stock has a 50-day moving average of $99.47 and a 200 day moving average of $92.84. The company has a market capitalization of $6.88 billion, a price-to-earnings ratio of 45.71, a PEG ratio of 1.32 and a beta of 1.05. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) 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 business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. During the same quarter in the prior year, the business earned $0.50 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, sell-side analysts forecast that Hexcel will post 2.36 EPS for the current year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s payout ratio is currently 36.18%.

About Hexcel

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.

The company’s portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.

Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.