California State Teachers Retirement System Buys 17,233 Shares of Hexcel Corporation $HXL

California State Teachers Retirement System increased its holdings in Hexcel Corporation (NYSE:HXL) by 22.9% in the first quarter, Holdings Channel reports. The fund owned 92,636 shares of the aerospace company’s stock after purchasing an additional 17,233 shares during the quarter. California State Teachers Retirement System’s holdings in Hexcel were worth $7,497,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Alliancebernstein L.P. grew its position in shares of Hexcel by 1,918.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after buying an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Hexcel during the third quarter worth $123,233,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Hexcel by 18.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock valued at $377,196,000 after purchasing an additional 790,320 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Hexcel by 87.5% in the 4th quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock worth $98,657,000 after purchasing an additional 623,032 shares in the last quarter. Finally, UBS Group AG grew its stake in Hexcel by 122.3% during the 3rd quarter. UBS Group AG now owns 955,995 shares of the aerospace company’s stock worth $59,941,000 after buying an additional 525,900 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HXL. Jefferies Financial Group restated a “hold” rating and issued a $110.00 price objective on shares of Hexcel in a research note on Sunday. BMO Capital Markets lifted their price target on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price target on shares of Hexcel in a research report on Tuesday. The Goldman Sachs Group upped their price objective on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, 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 note on Friday. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $107.18.

Hexcel Stock Up 2.0%

NYSE:HXL opened at $104.35 on Wednesday. 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 fifty day moving average is $98.79 and its two-hundred day moving average is $90.64. Hexcel Corporation has a 52 week low of $59.79 and a 52 week high of $111.74. The stock has a market capitalization of $7.89 billion, a price-to-earnings ratio of 52.44, a price-to-earnings-growth ratio of 1.50 and a beta of 1.06.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The firm had revenue of $529.30 million during the quarter, compared to analysts’ expectations of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Research analysts anticipate that Hexcel Corporation will post 2.35 EPS for the current year.

Hexcel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. Hexcel’s dividend payout ratio (DPR) is presently 36.18%.

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.