Madison Asset Management LLC Purchases 10,461 Shares of Hexcel Corporation $HXL

Madison Asset Management LLC lifted its position in shares of Hexcel Corporation (NYSE:HXL) by 46.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,944 shares of the aerospace company’s stock after acquiring an additional 10,461 shares during the quarter. Madison Asset Management LLC’s holdings in Hexcel were worth $2,435,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HXL. Alliancebernstein L.P. increased its holdings in Hexcel by 122.7% in the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock valued at $304,091,000 after purchasing an additional 2,671,682 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Hexcel in the third quarter valued at about $123,233,000. Jain Global LLC increased its holdings in Hexcel by 248.3% in the third quarter. Jain Global LLC now owns 961,667 shares of the aerospace company’s stock valued at $60,297,000 after purchasing an additional 685,528 shares during the last quarter. Jennison Associates LLC increased its holdings in Hexcel by 87.5% in the fourth quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock valued at $98,657,000 after purchasing an additional 623,032 shares during the last quarter. Finally, UBS Group AG increased its holdings in Hexcel by 122.3% in the third quarter. UBS Group AG now owns 955,995 shares of the aerospace company’s stock valued at $59,941,000 after purchasing an additional 525,900 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Stock Up 0.1%

HXL stock opened at $92.56 on Thursday. 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 stock has a market capitalization of $6.98 billion, a P/E ratio of 60.89, a P/E/G ratio of 1.40 and a beta of 1.11. The business has a 50-day moving average of $85.85 and a 200-day moving average of $81.14. Hexcel Corporation has a fifty-two week low of $50.54 and a fifty-two week high of $98.26.

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

Hexcel Dividend Announcement

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

Analyst Ratings Changes

HXL has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $60.00 to $95.00 in a report on Thursday, February 12th. KeyCorp initiated coverage on Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $79.00 price objective on shares of Hexcel in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $91.00.

Insider Buying and Selling

In related news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction that occurred on 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 directly owned 1,979 shares of the company’s stock, valued at approximately $183,651.20. This represents a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.84% of the company’s stock.

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.