Econ Financial Services Corp Invests $1.46 Million in Hexcel Corporation $HXL

Econ Financial Services Corp bought a new stake in Hexcel Corporation (NYSE:HXL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,707 shares of the aerospace company’s stock, valued at approximately $1,456,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. MMA Asset Management LLC acquired a new position in Hexcel during the third quarter valued at approximately $35,000. Optiver Holding B.V. grew its stake in Hexcel by 469.3% in the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 474 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Hexcel by 8,671.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 607 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 441 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Hexcel by 57.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 786 shares of the aerospace company’s stock worth $44,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Price Performance

Shares of NYSE HXL opened at $80.98 on Wednesday. The firm has a market cap of $6.14 billion, a P/E ratio of 58.68, a price-to-earnings-growth ratio of 1.18 and a beta of 1.01. The business’s 50 day moving average is $85.22 and its 200-day moving average is $76.11. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 1-year low of $45.28 and a 1-year high of $95.22.

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

Hexcel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were given a dividend of $0.18 per share. This is a positive change from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, February 9th. Hexcel’s payout ratio is 52.17%.

Insider Buying and Selling

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of Hexcel stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the completion of the sale, the insider owned 1,979 shares in the company, valued at $183,651.20. The trade was a 43.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HXL shares. The Goldman Sachs Group raised their target price on shares of Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada upped their price target on shares of Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Truist Financial set a $94.00 price target on shares of Hexcel in a research note on Friday, January 30th. Jefferies Financial Group lifted their price objective on shares of Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Finally, Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $67.00 to $90.00 in a research note on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Hexcel currently has an average rating of “Hold” and a consensus price target of $83.45.

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.