5,639 Shares in Hexcel Corporation $HXL Bought by Storgate LLC

Storgate LLC acquired a new position in shares of Hexcel Corporation (NYSE:HXL) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,639 shares of the aerospace company’s stock, valued at approximately $417,000.

Several other hedge funds and other institutional investors have also modified their holdings of HXL. Alliancebernstein L.P. raised its holdings in shares of Hexcel by 122.7% during the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after acquiring an additional 2,671,682 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Hexcel during the third quarter worth $123,233,000. Jain Global LLC raised its holdings in shares of Hexcel by 248.3% during the third quarter. Jain Global LLC now owns 961,667 shares of the aerospace company’s stock worth $60,297,000 after acquiring an additional 685,528 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Hexcel by 87.5% during the fourth quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock worth $98,657,000 after acquiring an additional 623,032 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Hexcel by 122.3% during the third quarter. UBS Group AG now owns 955,995 shares of the aerospace company’s stock worth $59,941,000 after acquiring an additional 525,900 shares in the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Jefferies Financial Group reiterated a “hold” rating and set a $95.00 price objective on shares of Hexcel in a report on Sunday, April 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Hexcel in a research report on Friday, April 24th. KeyCorp assumed coverage on shares of Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Wells Fargo & Company assumed coverage on shares of Hexcel in a research report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Hexcel has an average rating of “Hold” and an average price target of $91.00.

Hexcel Trading Up 0.2%

Hexcel stock opened at $97.54 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37. The company has a market capitalization of $7.36 billion, a price-to-earnings ratio of 64.17, a PEG ratio of 1.47 and a beta of 1.08. Hexcel Corporation has a one year low of $53.87 and a one year high of $99.49. The company’s fifty day moving average price is $88.76 and its two-hundred day moving average price is $83.99.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.42 by $0.17. The firm had revenue of $501.50 million for the quarter, compared to the consensus estimate of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, analysts forecast that Hexcel Corporation will post 2.24 earnings per share for the current fiscal year.

Hexcel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s dividend payout ratio is presently 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.