SG Americas Securities LLC Buys 48,571 Shares of Hexcel Corporation $HXL

SG Americas Securities LLC lifted its stake in shares of Hexcel Corporation (NYSE:HXL) by 189.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 74,249 shares of the aerospace company’s stock after buying an additional 48,571 shares during the period. SG Americas Securities LLC owned about 0.09% of Hexcel worth $5,487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Alliancebernstein L.P. increased its stake in shares of Hexcel by 122.7% in the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock valued at $304,091,000 after buying an additional 2,671,682 shares during the period. State Street Corp grew its holdings in Hexcel by 4.3% during the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after acquiring an additional 191,649 shares during the period. Bank of America Corp DE increased its holdings in Hexcel by 5.9% in the second quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock worth $129,002,000 after purchasing an additional 126,338 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in shares of Hexcel in the 3rd quarter valued at $123,233,000. Finally, Vaughan Nelson Investment Management L.P. increased its stake in Hexcel by 92.8% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,661,690 shares of the aerospace company’s stock valued at $104,188,000 after purchasing an additional 799,695 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Insiders Place Their Bets

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

Hexcel Stock Performance

NYSE HXL opened at $82.67 on Thursday. Hexcel Corporation has a 1 year low of $45.28 and a 1 year high of $95.22. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25. The stock has a market capitalization of $6.27 billion, a PE ratio of 59.91, a P/E/G ratio of 1.24 and a beta of 1.05. The company’s 50 day simple moving average is $85.22 and its two-hundred day simple moving average is $76.15.

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

Hexcel Increases Dividend

The firm also recently announced 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. The ex-dividend date was Monday, February 9th. This is a positive change from Hexcel’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 0.9%. Hexcel’s dividend payout ratio (DPR) is presently 52.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a report on Thursday, January 22nd. Truist Financial set a $94.00 price objective on shares of Hexcel in a research note 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 note on Friday, January 30th. UBS Group set a $99.00 price target on shares of Hexcel in a report on Friday, January 30th. Finally, Bank of America raised shares of Hexcel from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $60.00 to $95.00 in a report on Thursday, February 12th. Four investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price 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.