Fort Washington Investment Advisors Inc. OH Lowers Holdings in Hexcel Corporation $HXL

Fort Washington Investment Advisors Inc. OH reduced its position in shares of Hexcel Corporation (NYSE:HXL) by 16.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 247,514 shares of the aerospace company’s stock after selling 47,130 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.33% of Hexcel worth $20,031,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HXL. Price T Rowe Associates Inc. MD grew its position in Hexcel by 18.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after buying an additional 790,320 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Hexcel by 122.7% in the 3rd quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock valued at $304,091,000 after acquiring an additional 2,671,682 shares in the last quarter. State Street Corp boosted its position in shares of Hexcel by 4.3% during the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after acquiring an additional 191,649 shares during the last quarter. Brandes Investment Partners LP grew its holdings in shares of Hexcel by 0.3% during the fourth quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock worth $185,199,000 after purchasing an additional 7,371 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Hexcel by 23.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock worth $169,168,000 after purchasing an additional 428,541 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Stock Down 0.4%

Shares of NYSE HXL opened at $96.18 on Monday. The stock has a market capitalization of $7.25 billion, a P/E ratio of 63.27, a PEG ratio of 1.46 and a beta of 1.08. Hexcel Corporation has a one year low of $56.20 and a one year high of $101.51. The firm’s 50 day simple moving average is $91.83 and its two-hundred day simple moving average is $85.58. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The firm had revenue of $501.50 million during the quarter, compared to analyst estimates of $488.11 million. During the same period in the previous year, the business posted $0.37 EPS. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, analysts expect that Hexcel Corporation will post 2.25 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio (DPR) is presently 47.37%.

Analyst Ratings Changes

A number of brokerages recently weighed in on HXL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. 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 report on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and set a $105.00 price objective on shares of Hexcel in a research report on Friday, April 24th. Finally, KeyCorp started coverage on shares of Hexcel in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $91.00.

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.