Hexcel Corporation $HXL Shares Purchased by Gabelli Funds LLC

Gabelli Funds LLC increased its holdings in shares of Hexcel Corporation (NYSE:HXL) by 43.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,230 shares of the aerospace company’s stock after buying an additional 24,000 shares during the quarter. Gabelli Funds LLC’s holdings in Hexcel were worth $4,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in HXL. Barclays PLC raised its stake in Hexcel by 124.0% in the third quarter. Barclays PLC now owns 347,156 shares of the aerospace company’s stock valued at $21,767,000 after buying an additional 192,190 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Hexcel by 6.5% during the third quarter. Crossmark Global Holdings Inc. now owns 6,041 shares of the aerospace company’s stock worth $379,000 after acquiring an additional 371 shares during the last quarter. Snyder Capital Management L P increased its holdings in shares of Hexcel by 36.1% during the third quarter. Snyder Capital Management L P now owns 344,359 shares of the aerospace company’s stock valued at $21,591,000 after acquiring an additional 91,361 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Hexcel by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,507,115 shares of the aerospace company’s stock valued at $94,488,000 after purchasing an additional 3,920 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Hexcel by 3.6% in the 3rd quarter. Victory Capital Management Inc. now owns 23,045 shares of the aerospace company’s stock valued at $1,445,000 after purchasing an additional 792 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have weighed in on HXL shares. BMO Capital Markets reissued a “market perform” rating and set a $85.00 target price on shares of Hexcel in a research report on Friday, January 30th. Jefferies Financial Group lifted their price objective on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a research note on Sunday, February 1st. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and upped their target price for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. Finally, Truist Financial set a $94.00 target price on Hexcel in a research note on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Hexcel currently has an average rating of “Hold” and an average price target of $82.17.

Insiders Place Their Bets

In other Hexcel news, insider Amy S. Evans sold 1,500 shares of Hexcel stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider owned 1,979 shares in the company, valued at approximately $183,651.20. This trade represents a 43.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.03% of the company’s stock.

Hexcel Stock Performance

HXL opened at $87.02 on Tuesday. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 12-month low of $45.28 and a 12-month high of $95.22. The firm has a 50 day moving average of $84.79 and a two-hundred day moving average of $74.14. The firm has a market capitalization of $6.60 billion, a PE ratio of 63.06, a P/E/G ratio of 1.36 and a beta of 1.01.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The business had revenue of $491.30 million for the quarter, compared to the consensus estimate of $484.46 million. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, analysts anticipate that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given 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 yield of 0.8%. This is an increase from Hexcel’s previous quarterly dividend of $0.17. Hexcel’s payout ratio is 52.17%.

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.