Hexcel Corporation $HXL Stock Bought by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. lifted its holdings in shares of Hexcel Corporation (NYSE:HXL) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 115,713 shares of the aerospace company’s stock after buying an additional 6,286 shares during the period. Pinnacle Associates Ltd.’s holdings in Hexcel were worth $9,711,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HXL. Sequoia Financial Advisors LLC raised its position in shares of Hexcel by 2.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock worth $432,000 after purchasing an additional 119 shares during the period. Central Pacific Bank Trust Division lifted its holdings in shares of Hexcel by 7.1% in the 2nd quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock worth $180,000 after purchasing an additional 120 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of Hexcel by 3.9% in the 2nd quarter. Waverly Advisors LLC now owns 3,598 shares of the aerospace company’s stock worth $360,000 after purchasing an additional 134 shares during the last quarter. Parvin Asset Management LLC lifted its holdings in shares of Hexcel by 16.3% in the 1st quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock worth $84,000 after purchasing an additional 145 shares during the last quarter. Finally, Krilogy Financial LLC boosted its position in Hexcel by 3.0% during the 3rd quarter. Krilogy Financial LLC now owns 5,887 shares of the aerospace company’s stock valued at $500,000 after purchasing an additional 170 shares during the period. Institutional investors own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Bank of America downgraded Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price objective for the company. in a research note on Monday, August 3rd. Jefferies Financial Group cut their target price on Hexcel from $110.00 to $98.00 and set a “hold” rating on the stock in a research note on Monday, September 28th. TD Cowen cut their target price on Hexcel from $115.00 to $90.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. The Goldman Sachs Group boosted their price target on shares of Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price target on shares of Hexcel in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Hexcel presently has an average rating of “Hold” and a consensus target price of $103.25.

Hexcel Stock Performance

Shares of HXL stock opened at $89.95 on Thursday. Hexcel Corporation has a 12-month low of $63.21 and a 12-month high of $111.74. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 45.20, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10. The business has a 50 day simple moving average of $90.55 and a 200 day simple moving average of $93.37. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, October 21st. The aerospace company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The firm had revenue of $496.40 million for the quarter, compared to analysts’ expectations of $501.95 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm earned $0.37 EPS. On average, equities research analysts anticipate that Hexcel Corporation will post 2.37 EPS for the current year.

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Monday, November 2nd will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. Hexcel’s dividend payout ratio is presently 36.18%.

Key Stories Impacting Hexcel

Here are the key news stories impacting Hexcel this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.50, ahead of the $0.48–$0.49 analyst consensus and up from $0.37 a year earlier. Net income increased to $38.6 million, while operating income rose to $54.8 million. Hexcel Tops Q3 Earnings Estimates
• Positive Sentiment: Commercial Aerospace remained the primary growth driver, with sales up 20.5% to $330.3 million. Total revenue rose 8.8% year over year, and Hexcel increased its share-repurchase authorization to $750 million. Hexcel Boosts Buyback as Aerospace Drives Q3 Growth
• Neutral Sentiment: Hexcel reaffirmed 2026 guidance for sales of $2.025 billion to $2.125 billion and adjusted diluted EPS of $2.30 to $2.40. While maintaining the outlook provides stability, investors may have expected an upgrade following the aerospace-sector growth. Hexcel Q3 Sales Rise 8.8 Percent
• Negative Sentiment: Revenue of $496.4 million missed the roughly $502 million consensus estimate. Defense, Space & Other sales fell 8.7% to $166.1 million, partially offsetting commercial aerospace strength. Reports characterized the outlook as weak, driving the negative reaction despite the EPS beat. Hexcel Falls on Revenue Miss and Weak Guidance
• Negative Sentiment: Morgan Stanley reportedly cut its price target for Hexcel (HXL), adding pressure to investor sentiment after the earnings release. Hexcel Stock Price Target Cut by Morgan Stanley

Insider Buying and Selling at Hexcel

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

About Hexcel

Hexcel Corporation is an advanced materials company that develops and manufactures lightweight, high-performance composite materials and structural components. Its products are designed to improve strength, durability, fuel efficiency, and performance across demanding applications.

The company’s portfolio includes carbon fiber, fiberglass, specialty reinforcements, prepregs, adhesives, honeycomb materials, engineered core products, and composite structures. These materials and components are used in commercial aircraft, military and space systems, helicopters, wind turbine blades, and various industrial applications.

Hexcel serves customers worldwide through manufacturing, research, and distribution operations in North America, Europe, Asia, and other international markets.