SG Americas Securities LLC decreased its position in Hexcel Corporation (NYSE:HXL – Free Report) by 65.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 25,587 shares of the aerospace company’s stock after selling 48,662 shares during the quarter. SG Americas Securities LLC’s holdings in Hexcel were worth $2,071,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Prosperity Bancshares Inc acquired a new position in Hexcel in the fourth quarter valued at about $36,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after acquiring an additional 326 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Hexcel in the 4th quarter worth approximately $38,000. Covestor Ltd grew its position in Hexcel by 42.1% during the 4th quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 169 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in 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 acquiring an additional 441 shares during the last quarter. 95.47% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
HXL has been the subject of several research analyst reports. BMO Capital Markets lifted their price objective on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Jefferies Financial Group restated a “hold” rating and issued a $95.00 target price on shares of Hexcel in a research note on Sunday, April 26th. Wells Fargo & Company assumed coverage on Hexcel in a report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target for the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Hexcel in a research report on Friday, April 24th. Finally, KeyCorp assumed coverage on shares of Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. One 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $91.00.
Hexcel Price Performance
Hexcel stock opened at $98.25 on Thursday. The business’s 50-day simple moving average is $92.55 and its 200 day simple moving average is $86.08. The stock has a market cap of $7.41 billion, a price-to-earnings ratio of 64.64, a P/E/G ratio of 1.51 and a beta of 1.05. Hexcel Corporation has a 12-month low of $56.57 and a 12-month high of $101.51. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79.
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.17. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The firm had revenue of $501.50 million during the quarter, compared to analysts’ expectations of $488.11 million. During the same period in the previous year, the business posted $0.37 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, research analysts anticipate that Hexcel Corporation will post 2.25 earnings per share for the current year.
Hexcel Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is currently 47.37%.
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.
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