Redwood Investment Management LLC Acquires Shares of 11,683 Hexcel Corporation $HXL

Redwood Investment Management LLC bought a new position in Hexcel Corporation (NYSE:HXL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,683 shares of the aerospace company’s stock, valued at approximately $1,169,000.

A number of other institutional investors have also recently made changes to their positions in HXL. Northwestern Mutual Wealth Management Co. grew its stake in shares of Hexcel by 3,435.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,920 shares of the aerospace company’s stock worth $3,172,000 after acquiring an additional 41,706 shares during the period. M&T Bank Corp bought a new stake in Hexcel in the 4th quarter valued at about $1,621,000. BlackRock Inc. purchased a new stake in Hexcel during the second quarter valued at about $1,422,742,000. 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. Finally, Amundi bought a new position in Hexcel during the first quarter worth about $5,025,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insider Transactions at Hexcel

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the transaction, the insider owned 7,712 shares of the company’s stock, valued at $795,415.68. The trade was a 55.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.84% of the stock is currently owned by insiders.

Hexcel Price Performance

Shares of NYSE HXL opened at $94.76 on Thursday. The firm has a market capitalization of $7.17 billion, a P/E ratio of 47.62, a P/E/G ratio of 1.34 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. The stock’s 50-day simple moving average is $101.03 and its two-hundred day simple moving average is $92.53. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74.

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

Hexcel Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $0.18 per share. The ex-dividend date was Monday, August 10th. This represents a $0.72 annualized dividend and a yield of 0.8%. Hexcel’s payout ratio is presently 36.18%.

Analysts Set New Price Targets

A number of analysts recently commented on HXL shares. Morgan Stanley upped their price target on shares of Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Wolfe Research cut shares of Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday, July 31st. Bank of America downgraded Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a research report on Monday, August 3rd. TD Cowen increased their target price on Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Finally, Royal Bank Of Canada lifted their price target on Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $107.18.

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.