Fort Washington Investment Advisors Inc. OH Sells 47,130 Shares of Hexcel Corporation $HXL

Fort Washington Investment Advisors Inc. OH lessened its stake in Hexcel Corporation (NYSE:HXL) by 16.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 247,514 shares of the aerospace company’s stock after selling 47,130 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Hexcel were worth $20,031,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC increased its stake in Hexcel by 18.2% in 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 during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Hexcel by 1.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock valued at $881,000 after purchasing an additional 128 shares during the period. Allworth Financial LP boosted its stake in shares of Hexcel by 14.5% during the third quarter. Allworth Financial LP now owns 1,135 shares of the aerospace company’s stock valued at $71,000 after purchasing an additional 144 shares during the period. Huntington National Bank grew its holdings in shares of Hexcel by 22.8% in the third quarter. Huntington National Bank now owns 867 shares of the aerospace company’s stock worth $54,000 after purchasing an additional 161 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Hexcel by 21.7% in the second quarter. Geneos Wealth Management Inc. now owns 924 shares of the aerospace company’s stock worth $52,000 after purchasing an additional 165 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

Hexcel Price Performance

Shares of Hexcel stock opened at $96.18 on Monday. The business has a 50 day moving average of $91.83 and a 200 day moving average of $85.58. Hexcel Corporation has a 52 week low of $56.20 and a 52 week high of $101.51. The company has a market cap of $7.25 billion, a PE ratio of 63.27, a P/E/G ratio of 1.46 and a beta of 1.08. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.17. The business had revenue of $501.50 million for the quarter, compared to analysts’ expectations of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, equities research analysts forecast that Hexcel Corporation will post 2.25 earnings per share for the current year.

Hexcel Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.7%. Hexcel’s payout ratio is presently 47.37%.

Analyst Upgrades and Downgrades

HXL has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $79.00 price target on shares of Hexcel in a report on Friday, April 24th. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price objective on shares of Hexcel in a research report on Friday, April 24th. Wells Fargo & Company began coverage on shares of Hexcel in a research note on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price objective for the company. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $95.00 target price on shares of Hexcel in a report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $91.00.

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.