Hexcel Sees Unusually High Options Volume (NYSE:HXL)

Hexcel Corporation (NYSE:HXL) was the target of some unusual options trading on Tuesday. Investors acquired 5,252 call options on the stock. This is an increase of 1,633% compared to the typical volume of 303 call options.

Insider Transactions at Hexcel

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $92.80, for a total value of $139,200.00. Following the completion of the sale, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. This trade represents a 43.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.39% of the stock is owned by corporate insiders.

Institutional Trading of Hexcel

A number of hedge funds and other institutional investors have recently bought and sold shares of HXL. Rockefeller Capital Management L.P. boosted its stake in Hexcel by 15.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 15,173 shares of the aerospace company’s stock valued at $1,121,000 after buying an additional 2,077 shares during the period. PEAK6 LLC purchased a new position in Hexcel during the fourth quarter worth about $273,000. DUTCH ASSET Corp bought a new position in Hexcel in the 4th quarter worth about $236,000. Rehmann Capital Advisory Group raised its holdings in shares of Hexcel by 29.7% in the 4th quarter. Rehmann Capital Advisory Group now owns 5,340 shares of the aerospace company’s stock valued at $396,000 after acquiring an additional 1,223 shares in the last quarter. Finally, Chelsea Counsel Co. raised its holdings in shares of Hexcel by 2.3% in the 4th quarter. Chelsea Counsel Co. now owns 33,210 shares of the aerospace company’s stock valued at $2,454,000 after acquiring an additional 750 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Stock Performance

NYSE:HXL opened at $82.67 on Thursday. The business’s fifty day moving average is $85.22 and its 200 day moving average is $76.15. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 59.91, a PEG ratio of 1.24 and a beta of 1.05. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 2.26. Hexcel has a 52-week low of $45.28 and a 52-week high of $95.22.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The business had revenue of $491.30 million during the quarter, compared to analyst estimates of $484.46 million. During the same quarter in the previous year, the firm 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. Research analysts predict that Hexcel will post 2.14 EPS for the current year.

Hexcel Increases Dividend

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

Wall Street Analyst Weigh In

HXL has been the subject of several recent research reports. Truist Financial set a $94.00 price objective on Hexcel in a report on Friday, January 30th. BMO Capital Markets reiterated a “market perform” rating and set a $85.00 target price on shares of Hexcel in a research report on Friday, January 30th. Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $67.00 to $90.00 in a research note on Friday, January 30th. KeyCorp assumed coverage on shares of Hexcel in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Finally, The Goldman Sachs Group upped their price target 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. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $87.27.

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.