Jefferies Financial Group Cuts Hexcel (NYSE:HXL) Price Target to $80.00

Hexcel (NYSE:HXL) had its price target cut by Jefferies Financial Group from $90.00 to $80.00 in a report issued on Monday, MarketBeat reports. They currently have a hold rating on the aerospace company’s stock.

Several other equities analysts have also issued reports on HXL. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Wells Fargo & Company initiated coverage on shares of Hexcel in a report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target for the company. The Goldman Sachs Group boosted their price objective on shares of Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada increased their target price on Hexcel from $92.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $85.00 price target on shares of Hexcel in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $86.36.

Hexcel Price Performance

Shares of HXL stock opened at $83.37 on Monday. Hexcel has a 12-month low of $45.37 and a 12-month high of $95.22. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 60.41, a price-to-earnings-growth ratio of 1.22 and a beta of 1.05. The company has a quick ratio of 1.25, a current ratio of 2.26 and a debt-to-equity ratio of 0.79. The firm has a fifty day moving average of $85.03 and a 200-day moving average of $76.78.

Hexcel (NYSE:HXL) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating 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 company had revenue of $491.30 million during the quarter, compared to analyst estimates of $484.46 million. During the same quarter in the previous year, the business earned $0.52 EPS. The firm’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, equities research analysts forecast that Hexcel will post 2.14 earnings per share for the current year.

Hexcel Increases Dividend

The firm also recently declared 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 0.9%. This is an increase from Hexcel’s previous quarterly dividend of $0.17. Hexcel’s dividend payout ratio (DPR) is 52.17%.

Insider Buying and Selling at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. This trade represents a 43.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.39% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hexcel

Large investors have recently modified their holdings of the business. Prosperity Bancshares Inc acquired a new position in shares of Hexcel during the 4th quarter worth about $36,000. Transamerica Financial Advisors LLC boosted its stake in shares of Hexcel by 181.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after buying an additional 326 shares during the last quarter. Leonteq Securities AG acquired a new position in shares of Hexcel during the 4th quarter worth about $38,000. MMA Asset Management LLC acquired a new position in shares of Hexcel during the 3rd quarter worth about $35,000. Finally, Covestor Ltd boosted its stake in shares of Hexcel by 42.1% during the 4th quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock worth $42,000 after buying an additional 169 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.