7,850 Shares in Hexcel Corporation $HXL Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC acquired a new stake in Hexcel Corporation (NYSE:HXL) during the 1st quarter, HoldingsChannel reports. The firm acquired 7,850 shares of the aerospace company’s stock, valued at approximately $635,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Themes Management Co LLC bought a new stake in shares of Hexcel in the first quarter valued at $310,000. Gabelli Funds LLC increased its holdings in Hexcel by 6.5% in the 1st quarter. Gabelli Funds LLC now owns 80,849 shares of the aerospace company’s stock worth $6,543,000 after acquiring an additional 4,945 shares during the last quarter. Walleye Capital LLC bought a new stake in Hexcel in the 1st quarter valued at about $272,000. Cetera Investment Advisers raised its stake in Hexcel by 8.4% in the 1st quarter. Cetera Investment Advisers now owns 52,800 shares of the aerospace company’s stock valued at $4,273,000 after acquiring an additional 4,076 shares during the period. Finally, First Trust Advisors LP lifted its holdings in Hexcel by 28.7% during the first quarter. First Trust Advisors LP now owns 235,425 shares of the aerospace company’s stock valued at $19,053,000 after purchasing an additional 52,506 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

Hexcel Stock Down 1.3%

HXL stock opened at $102.96 on Friday. The stock has a 50-day simple moving average of $99.35 and a two-hundred day simple moving average of $90.92. Hexcel Corporation has a twelve month low of $59.79 and a twelve month high of $111.74. The firm has a market capitalization of $7.79 billion, a PE ratio of 51.74, a PEG ratio of 1.49 and a beta of 1.06. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The company had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. Hexcel’s revenue was up 8.0% compared to the same quarter last year. During the same period last year, the business earned $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts predict that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, August 10th. Hexcel’s payout ratio is 36.18%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. UBS Group increased their target price on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets upped their price target on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Bank of America lowered shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price objective for the company. in a research note on Monday. Weiss Ratings raised shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Jefferies Financial Group restated a “hold” rating and set a $110.00 target price on shares of Hexcel in a research report on Sunday. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $107.18.

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.