Geode Capital Management LLC Boosts Holdings in Hexcel Corporation $HXL

Geode Capital Management LLC boosted its position in shares of Hexcel Corporation (NYSE:HXL) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,419,722 shares of the aerospace company’s stock after acquiring an additional 11,973 shares during the period. Geode Capital Management LLC owned 1.78% of Hexcel worth $104,943,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Leonteq Securities AG bought a new stake in Hexcel during the 4th quarter worth approximately $38,000. MMA Asset Management LLC bought a new stake in Hexcel during the 3rd quarter worth approximately $35,000. Covestor Ltd raised its stake in Hexcel by 42.1% during the 4th quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 169 shares during the period. Optiver Holding B.V. raised its stake in Hexcel by 469.3% during the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 474 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in Hexcel by 8,671.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock worth $38,000 after acquiring an additional 607 shares during the period. Institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. BMO Capital Markets raised their target price on shares of Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $79.00 target price on shares of Hexcel in a research note on Friday, April 24th. KeyCorp assumed coverage on shares of Hexcel in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Wall Street Zen upgraded shares of Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group restated a “hold” rating and set a $95.00 target price on shares of Hexcel in a research note on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have assigned a Hold rating and one has issued 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.

Hexcel Trading Down 0.4%

Hexcel stock opened at $89.26 on Friday. The stock has a market cap of $6.73 billion, a P/E ratio of 58.72, a PEG ratio of 1.35 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. Hexcel Corporation has a 1 year low of $53.87 and a 1 year high of $98.26. The firm’s 50 day moving average price is $87.40 and its 200-day moving average price is $83.20.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.17. The firm 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 company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities analysts predict that Hexcel Corporation will post 2.24 earnings per share for the current fiscal year.

Hexcel Announces Dividend

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

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.