ELCO Management Co. LLC Sells 22,318 Shares of Hexcel Corporation $HXL

ELCO Management Co. LLC lowered its position in shares of Hexcel Corporation (NYSE:HXL) by 33.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,086 shares of the aerospace company’s stock after selling 22,318 shares during the quarter. Hexcel accounts for approximately 2.1% of ELCO Management Co. LLC’s investment portfolio, making the stock its 13th biggest holding. ELCO Management Co. LLC’s holdings in Hexcel were worth $3,332,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of HXL. Royal Bank of Canada lifted its position in shares of Hexcel by 12.6% during the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after buying an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Hexcel by 7.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP purchased a new stake in shares of Hexcel during the 1st quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Hexcel by 14.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock worth $15,033,000 after purchasing an additional 34,822 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 441 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on HXL shares. Wells Fargo & Company started coverage on shares of Hexcel in a research note on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price target for the company. The Goldman Sachs Group raised their price target on shares of Hexcel from $67.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Morgan Stanley upgraded 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. Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $60.00 to $95.00 in a research note on Thursday, February 12th. Finally, Truist Financial set a $94.00 price target on shares of Hexcel in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Hexcel has an average rating of “Hold” and an average target price of $91.00.

Hexcel Stock Down 1.4%

Hexcel stock opened at $93.99 on Tuesday. Hexcel Corporation has a 1-year low of $50.54 and a 1-year high of $98.26. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 61.84, a P/E/G ratio of 1.45 and a beta of 1.11. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79. The firm has a 50 day simple moving average of $85.90 and a 200 day simple moving average of $80.79.

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

Hexcel Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s payout ratio is 47.37%.

Insider Activity at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the business’s stock in a transaction 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 in the company, valued at $183,651.20. The trade was a 43.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.84% of the stock is owned by company insiders.

Hexcel Company 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.