TimesSquare Capital Management LLC Makes New $23.11 Million Investment in Hexcel Corporation $HXL

TimesSquare Capital Management LLC bought a new position in Hexcel Corporation (NYSE:HXL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 230,947 shares of the aerospace company’s stock, valued at approximately $23,109,000.

A number of other large investors have also made changes to their positions in HXL. Sequoia Financial Advisors LLC lifted its position in shares of Hexcel by 2.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after acquiring an additional 119 shares in the last quarter. Central Pacific Bank Trust Division boosted its stake in Hexcel by 7.1% in the 2nd quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock worth $180,000 after purchasing an additional 120 shares during the period. Clearstead Advisors LLC grew its position in Hexcel by 18.2% during the 4th quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock worth $60,000 after purchasing an additional 126 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Hexcel by 1.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock worth $881,000 after purchasing an additional 128 shares in the last quarter. Finally, Parvin Asset Management LLC raised its stake in Hexcel by 16.3% during the 1st quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock valued at $84,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analysts Set New Price Targets

HXL has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “hold” rating and issued a $110.00 target price on shares of Hexcel in a report on Sunday, August 2nd. Bank of America downgraded Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target on the stock. in a report on Monday, August 3rd. Wolfe Research lowered Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday, July 31st. Wall Street Zen cut Hexcel from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Finally, Weiss Ratings upgraded Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 4th. Five investment 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $107.18.

Insiders Place Their Bets

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

Hexcel Trading Down 1.1%

Hexcel stock opened at $102.95 on Tuesday. The company’s fifty day simple moving average is $101.21 and its 200-day simple moving average is $91.89. 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 Corporation has a 12 month low of $60.05 and a 12 month high of $111.74. The stock has a market cap of $7.79 billion, a P/E ratio of 51.73, a P/E/G ratio of 1.48 and a beta of 1.06.

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

Hexcel Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s dividend payout ratio 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.