Kopion Asset Management LLC Has $5.90 Million Stock Position in Hexcel Corporation $HXL

Kopion Asset Management LLC cut its holdings in Hexcel Corporation (NYSE:HXL) by 9.3% during the third quarter, Holdings Channel.com reports. The firm owned 94,158 shares of the aerospace company’s stock after selling 9,618 shares during the quarter. Hexcel accounts for about 3.8% of Kopion Asset Management LLC’s portfolio, making the stock its 14th biggest position. Kopion Asset Management LLC’s holdings in Hexcel were worth $5,904,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Northern Trust Corp grew its position in Hexcel by 1.8% in the first quarter. Northern Trust Corp now owns 1,050,031 shares of the aerospace company’s stock valued at $57,500,000 after purchasing an additional 19,004 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Hexcel in the 1st quarter valued at about $12,038,000. Quantbot Technologies LP bought a new position in shares of Hexcel in the 1st quarter valued at about $251,000. Price T Rowe Associates Inc. MD increased its position in shares of Hexcel by 32.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,314,702 shares of the aerospace company’s stock valued at $181,514,000 after acquiring an additional 812,026 shares during the last quarter. Finally, AlphaQuest LLC raised its holdings in Hexcel by 169.0% during the first quarter. AlphaQuest LLC now owns 7,877 shares of the aerospace company’s stock worth $431,000 after acquiring an additional 4,949 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insider Activity at Hexcel

In other news, insider Lyndon John Smith sold 2,077 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $73.02, for a total transaction of $151,662.54. Following the completion of the sale, the insider owned 8,426 shares in the company, valued at $615,266.52. The trade was a 19.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Patrick Winterlich sold 3,413 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $73.34, for a total value of $250,309.42. Following the completion of the transaction, the executive vice president directly owned 40,357 shares in the company, valued at $2,959,782.38. The trade was a 7.80% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.03% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on HXL. TD Cowen raised their price target on Hexcel from $67.00 to $77.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Citigroup reissued a “reduce” rating on shares of Hexcel in a research note on Thursday, October 23rd. Zacks Research upgraded shares of Hexcel from a “strong sell” rating to a “hold” rating in a report on Thursday, September 4th. BMO Capital Markets increased their price target on shares of Hexcel from $67.00 to $77.00 and gave the company a “market perform” rating in a research note on Friday, October 24th. Finally, Royal Bank Of Canada lifted their price objective on shares of Hexcel from $70.00 to $83.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $73.33.

Hexcel Trading Up 1.9%

Shares of Hexcel stock opened at $75.98 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.75 and a quick ratio of 1.50. The business has a fifty day simple moving average of $71.37 and a two-hundred day simple moving average of $64.40. Hexcel Corporation has a 1 year low of $45.28 and a 1 year high of $79.20. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 89.39, a P/E/G ratio of 2.59 and a beta of 1.06.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Wednesday, October 22nd. The aerospace company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $456.20 million during the quarter, compared to analyst estimates of $449.99 million. Hexcel had a net margin of 3.67% and a return on equity of 9.25%. Hexcel’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 earnings per share. Hexcel has set its FY 2025 guidance at 1.700-1.800 EPS. Research analysts forecast that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, November 3rd. Hexcel’s dividend payout ratio is currently 80.00%.

Hexcel Company 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.