24,126 Shares in Hexcel Corporation $HXL Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in shares of Hexcel Corporation (NYSE:HXL) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 24,126 shares of the aerospace company’s stock, valued at approximately $2,414,000.

Other hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. bought a new stake in shares of Hexcel during the first quarter worth $28,000. Group One Trading LLC bought a new position in shares of Hexcel in the second quarter worth about $36,000. Prosperity Bancshares Inc bought a new position in shares of Hexcel in the fourth quarter worth about $36,000. Cedar Mountain Advisors LLC purchased a new position in Hexcel in the 1st quarter worth about $37,000. Finally, Transamerica Financial Advisors LLC increased its stake in Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after buying an additional 326 shares during the period. Institutional investors own 95.47% of the company’s stock.

Insider Buying and Selling at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the transaction, the insider owned 7,712 shares in the company, valued at $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.84% of the company’s stock.

Hexcel Trading Down 0.5%

NYSE:HXL opened at $91.97 on Friday. The firm has a 50-day simple moving average of $100.47 and a 200-day simple moving average of $92.75. Hexcel Corporation has a one year low of $60.26 and a one year high of $111.74. The firm has a market cap of $6.95 billion, a P/E ratio of 46.22, a P/E/G ratio of 1.31 and a beta of 1.05. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43.

Hexcel (NYSE:HXL) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. Hexcel’s revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts anticipate that Hexcel Corporation will post 2.36 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s dividend payout ratio (DPR) is currently 36.18%.

Analyst Upgrades and Downgrades

HXL has been the subject of several research reports. Weiss Ratings raised shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Jefferies Financial Group reaffirmed a “hold” rating and set a $110.00 target price on shares of Hexcel in a research report on Sunday, August 2nd. Royal Bank Of Canada boosted their price target on Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price objective on shares of Hexcel in a research note on Tuesday, August 4th. Finally, Wall Street Zen downgraded Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Hexcel currently has a consensus rating of “Hold” and a consensus target price of $107.18.

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.