Snyder Capital Management L P Increases Holdings in Hexcel Corporation $HXL

Snyder Capital Management L P boosted its position in Hexcel Corporation (NYSE:HXL) by 36.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 344,359 shares of the aerospace company’s stock after purchasing an additional 91,361 shares during the period. Snyder Capital Management L P owned about 0.43% of Hexcel worth $21,591,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HXL. State Street Corp raised its stake in shares of Hexcel by 4.3% during the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after buying an additional 191,649 shares during the last quarter. American Century Companies Inc. increased its holdings in Hexcel by 103.8% during the 2nd quarter. American Century Companies Inc. now owns 2,759,673 shares of the aerospace company’s stock valued at $155,894,000 after acquiring an additional 1,405,538 shares in the last quarter. Brandes Investment Partners LP raised its position in Hexcel by 49.1% during the second quarter. Brandes Investment Partners LP now owns 2,440,242 shares of the aerospace company’s stock worth $137,850,000 after acquiring an additional 803,123 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Hexcel by 5.9% in the second quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock valued at $129,002,000 after purchasing an additional 126,338 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Hexcel by 1,918.9% in the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock valued at $123,050,000 after purchasing an additional 2,070,366 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on HXL shares. Jefferies Financial Group lifted their price objective on Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a research report on Sunday, February 1st. UBS Group set a $99.00 price target on Hexcel in a report on Friday, January 30th. Wall Street Zen raised Hexcel from a “hold” rating to a “buy” rating in a research note on Monday. BMO Capital Markets reissued a “market perform” rating and issued a $85.00 target price on shares of Hexcel in a research note on Friday, January 30th. Finally, Morgan Stanley raised shares of Hexcel from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $67.00 to $90.00 in a research note on Friday, January 30th. Three 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $82.17.

Hexcel Stock Down 0.3%

Shares of NYSE:HXL opened at $91.64 on Thursday. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. The firm has a market cap of $6.95 billion, a price-to-earnings ratio of 66.41, a PEG ratio of 1.41 and a beta of 1.01. The stock’s 50-day moving average price is $84.05 and its two-hundred day moving average price is $73.49. Hexcel Corporation has a 12-month low of $45.28 and a 12-month high of $95.22.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.02. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The business had revenue of $491.30 million for the quarter, compared to analyst estimates of $484.46 million. During the same period in the prior year, the firm posted $0.52 EPS. The company’s revenue was up 3.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts forecast that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. This is a boost from Hexcel’s previous quarterly dividend of $0.17. Hexcel’s dividend payout ratio is presently 52.17%.

Insider Transactions at Hexcel

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the sale, the insider directly owned 1,979 shares in the company, valued at $183,651.20. This represents a 43.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.39% of the company’s stock.

About Hexcel

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.