Brandes Investment Partners LP Boosts Stake in Hexcel Corporation $HXL

Brandes Investment Partners LP grew its stake in Hexcel Corporation (NYSE:HXLFree Report) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,506,068 shares of the aerospace company’s stock after buying an additional 7,371 shares during the period. Hexcel makes up 1.4% of Brandes Investment Partners LP’s investment portfolio, making the stock its 21st largest position. Brandes Investment Partners LP’s holdings in Hexcel were worth $185,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HXL. Royal Bank of Canada raised its holdings in shares of Hexcel by 12.6% in the first quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after buying an additional 13,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Hexcel by 7.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after buying an additional 468 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Hexcel in the first quarter worth $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Hexcel by 14.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock worth $15,033,000 after buying an additional 34,822 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after buying an additional 441 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HXL shares. Wells Fargo & Company assumed coverage on shares of Hexcel in a report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target for the company. Wall Street Zen upgraded shares of Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $60.00 to $95.00 in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $105.00 price objective on shares of Hexcel in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Hexcel presently has an average rating of “Hold” and an average target price of $91.00.

Read Our Latest Research Report on Hexcel

Hexcel Stock Up 4.3%

HXL stock opened at $93.00 on Wednesday. The firm has a market cap of $7.01 billion, a PE ratio of 61.18, a P/E/G ratio of 1.35 and a beta of 1.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. The firm’s fifty day moving average is $87.84 and its 200 day moving average is $83.57. Hexcel Corporation has a one year low of $53.87 and a one year high of $98.26.

Hexcel (NYSE:HXLGet Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.42 by $0.17. The company had revenue of $501.50 million for the quarter, compared to analyst estimates of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts forecast that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio (DPR) is currently 47.37%.

About Hexcel

(Free Report)

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.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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