Hexcel (NYSE:HXL – Get Free Report) was upgraded by equities research analysts at Wells Fargo & Company to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.
Other analysts also recently issued reports about the stock. Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. BMO Capital Markets reiterated a “market perform” rating and issued a $85.00 price objective on shares of Hexcel in a research report on Friday, January 30th. The Goldman Sachs Group increased their target price on shares of Hexcel from $67.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Morgan Stanley upgraded Hexcel from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $67.00 to $90.00 in a research report on Friday, January 30th. Finally, Royal Bank Of Canada lifted their price target on Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. One research 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. According to MarketBeat.com, Hexcel presently has an average rating of “Hold” and an average target price of $87.27.
View Our Latest Stock Report on Hexcel
Hexcel Stock Up 2.1%
Hexcel (NYSE:HXL – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The business had revenue of $491.30 million for the quarter, compared to analyst estimates of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts expect that Hexcel will post 2.14 EPS for the current year.
Insider Transactions at Hexcel
In other Hexcel news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $92.80, for a total transaction of $139,200.00. Following the transaction, the insider directly owned 1,979 shares of the company’s stock, valued at $183,651.20. This trade represents a 43.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.39% of the stock is currently owned by insiders.
Institutional Trading of Hexcel
Institutional investors and hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD lifted its stake in Hexcel by 18.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock valued at $377,196,000 after buying an additional 790,320 shares in the last quarter. Alliancebernstein L.P. increased its stake in Hexcel by 122.7% during the 3rd quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after buying an additional 2,671,682 shares in the last quarter. State Street Corp raised its holdings in shares of Hexcel by 4.3% during the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock valued at $264,990,000 after acquiring an additional 191,649 shares during the last quarter. Brandes Investment Partners LP lifted its position in shares of Hexcel by 0.3% in the fourth quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock valued at $185,199,000 after acquiring an additional 7,371 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Hexcel by 23.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock valued at $169,168,000 after acquiring an additional 428,541 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.
Hexcel Company 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.
Further Reading
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