Gabelli Funds LLC Buys 4,945 Shares of Hexcel Corporation $HXL

Gabelli Funds LLC lifted its stake in shares of Hexcel Corporation (NYSE:HXL) by 6.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 80,849 shares of the aerospace company’s stock after buying an additional 4,945 shares during the quarter. Gabelli Funds LLC owned about 0.11% of Hexcel worth $6,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HXL. GHP Investment Advisors Inc. purchased a new position in shares of Hexcel during the 1st quarter worth approximately $28,000. Prosperity Bancshares Inc purchased a new position in shares of Hexcel in the 4th quarter valued at approximately $36,000. Transamerica Financial Advisors LLC lifted its stake 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 valued at $37,000 after purchasing an additional 326 shares during the period. Cedar Mountain Advisors LLC bought a new stake in shares of Hexcel during the first quarter valued at approximately $37,000. Finally, Leonteq Securities AG bought a new stake in shares of Hexcel during the fourth quarter valued at approximately $38,000. 95.47% of the stock is owned by institutional investors.

Hexcel Stock Down 0.6%

HXL stock opened at $109.64 on Tuesday. Hexcel Corporation has a twelve month low of $58.20 and a twelve month high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. The firm has a market cap of $8.27 billion, a PE ratio of 72.13, a price-to-earnings-growth ratio of 1.69 and a beta of 1.05. The business has a 50 day moving average of $96.61 and a 200 day moving average of $89.64.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wells Fargo & Company started coverage on Hexcel in a report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price objective for the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $79.00 target price on shares of Hexcel in a report on Friday, April 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research report on Friday, July 17th. BMO Capital Markets increased their price target on shares of Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group lifted their price target on shares of Hexcel from $95.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $94.00.

About Hexcel

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.