SG Americas Securities LLC Increases Stock Position in Hexcel Corporation $HXL

SG Americas Securities LLC raised its stake in shares of Hexcel Corporation (NYSE:HXL) by 189.2% in the 4th quarter, HoldingsChannel reports. The firm owned 74,249 shares of the aerospace company’s stock after purchasing an additional 48,571 shares during the period. SG Americas Securities LLC’s holdings in Hexcel were worth $5,487,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MMA Asset Management LLC bought a new position in shares of Hexcel in the 3rd quarter worth $35,000. Optiver Holding B.V. grew its position in Hexcel by 469.3% in the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 474 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Hexcel by 8,671.4% in the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 607 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock valued at $42,000 after acquiring an additional 441 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Hexcel by 57.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 786 shares of the aerospace company’s stock valued at $44,000 after purchasing an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HXL. KeyCorp began coverage on Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. UBS Group set a $99.00 target price on Hexcel in a research report on Friday, January 30th. Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $60.00 to $95.00 in a research note on Thursday, February 12th. Truist Financial set a $94.00 price target on shares of Hexcel in a research report on Friday, January 30th. Finally, Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $67.00 to $90.00 in a report on Friday, January 30th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Hexcel currently has a consensus rating of “Hold” and a consensus price target of $87.27.

Hexcel Stock Up 2.1%

HXL opened at $82.67 on Thursday. The company has a market cap of $6.27 billion, a P/E ratio of 59.91, a P/E/G ratio of 1.24 and a beta of 1.05. The business’s 50-day moving average price is $85.22 and its 200-day moving average price is $76.15. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 12 month low of $45.28 and a 12 month high of $95.22.

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

Hexcel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 9th. Hexcel’s payout ratio is currently 52.17%.

Insider Buying and Selling at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the transaction, the insider owned 1,979 shares in the company, valued at approximately $183,651.20. This trade represents a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.39% of the company’s stock.

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.