Vaughan Nelson Investment Management L.P. Sells 537,255 Shares of Hexcel Corporation $HXL

Vaughan Nelson Investment Management L.P. decreased its holdings in Hexcel Corporation (NYSE:HXL) by 48.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 580,280 shares of the aerospace company’s stock after selling 537,255 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.77% of Hexcel worth $46,962,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Hexcel by 12.6% in the first quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock valued at $6,544,000 after buying an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after buying an additional 468 shares in the last quarter. Caxton Associates LLP acquired a new stake in Hexcel during the first quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in 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 acquiring an additional 34,822 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in 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 acquiring an additional 441 shares during the period. Institutional investors own 95.47% of the company’s stock.

Hexcel Stock Down 0.3%

Shares of HXL opened at $97.35 on Monday. Hexcel Corporation has a one year low of $53.87 and a one year high of $101.51. The company has a market cap of $7.34 billion, a P/E ratio of 64.05, a P/E/G ratio of 1.48 and a beta of 1.08. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37. The firm has a 50 day simple moving average of $90.57 and a two-hundred day simple moving average of $84.87.

Hexcel (NYSE:HXL) last issued its earnings results 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. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The firm had revenue of $501.50 million for the quarter, compared to the consensus estimate of $488.11 million. During the same quarter last year, the business posted $0.37 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Research analysts forecast that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.72 annualized dividend and a yield of 0.7%. Hexcel’s dividend payout ratio (DPR) is 47.37%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HXL. KeyCorp started coverage on Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. BMO Capital Markets raised their price target on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research report on Friday, April 24th. Wells Fargo & Company began coverage on Hexcel in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target for the company. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $95.00 price objective on shares of Hexcel in a research report on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $91.00.

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.