American Century Companies Inc. Sells 198,972 Shares of Hexcel Corporation $HXL

American Century Companies Inc. trimmed its holdings in Hexcel Corporation (NYSE:HXL) by 7.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,560,701 shares of the aerospace company’s stock after selling 198,972 shares during the quarter. American Century Companies Inc.’s holdings in Hexcel were worth $160,556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Alliancebernstein L.P. lifted its stake in shares of Hexcel by 1,918.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after purchasing an additional 2,070,366 shares during the period. Norges Bank purchased a new position in Hexcel during the second quarter worth $57,697,000. Brandes Investment Partners LP increased its stake in Hexcel by 49.1% in the second quarter. Brandes Investment Partners LP now owns 2,440,242 shares of the aerospace company’s stock worth $137,850,000 after purchasing an additional 803,123 shares during the period. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Hexcel by 92.8% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,661,690 shares of the aerospace company’s stock worth $104,188,000 after buying an additional 799,695 shares during the period. Finally, Frontier Capital Management Co. LLC grew its stake in Hexcel by 88.6% in the second quarter. Frontier Capital Management Co. LLC now owns 909,967 shares of the aerospace company’s stock valued at $51,404,000 after purchasing an additional 427,354 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HXL has been the topic of several recent analyst reports. Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $60.00 to $95.00 in a report on Thursday, February 12th. Jefferies Financial Group raised their price target on shares of Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Truist Financial set a $94.00 target price on shares of Hexcel in a research report on Friday, January 30th. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $82.17.

Hexcel Trading Down 1.2%

HXL opened at $92.65 on Monday. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 52 week low of $45.28 and a 52 week high of $94.46. The business’s 50 day moving average is $83.06 and its two-hundred day moving average is $72.92. The firm has a market cap of $7.03 billion, a price-to-earnings ratio of 67.14, a price-to-earnings-growth ratio of 1.43 and a beta of 1.01.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts predict that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. This is a boost from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 9th. Hexcel’s dividend payout ratio is 52.17%.

Hexcel 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.