22,000 Shares in Hexcel Corporation $HXL Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new position in shares of Hexcel Corporation (NYSE:HXL) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,000 shares of the aerospace company’s stock, valued at approximately $1,780,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Prosperity Bancshares Inc acquired a new position in shares of Hexcel in the 4th quarter worth $36,000. Transamerica Financial Advisors LLC lifted its holdings in shares of Hexcel by 181.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock valued at $37,000 after purchasing an additional 326 shares during the last quarter. Leonteq Securities AG purchased a new position in Hexcel in the 4th quarter worth about $38,000. Covestor Ltd increased its stake in Hexcel by 42.1% in the 4th quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 169 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings 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 buying an additional 441 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Price Performance

Shares of HXL opened at $100.11 on Wednesday. The firm has a market cap of $7.55 billion, a PE ratio of 65.86, a PEG ratio of 1.49 and a beta of 1.08. The firm’s 50 day moving average price is $92.38 and its 200 day moving average price is $85.90. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. Hexcel Corporation has a twelve month low of $56.20 and a twelve month high of $101.51.

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

Hexcel Dividend Announcement

The business also recently declared 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. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is 47.37%.

Analyst Upgrades and Downgrades

HXL has been the subject of several research analyst reports. KeyCorp started coverage on shares of Hexcel in a research report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Wells Fargo & Company assumed coverage on shares of Hexcel in a research report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $79.00 target price on shares of Hexcel in a research note on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 target price on shares of Hexcel in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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.