Y Intercept Hong Kong Ltd Boosts Stock Holdings in Hexcel Corporation $HXL

Y Intercept Hong Kong Ltd lifted its stake in shares of Hexcel Corporation (NYSE:HXL) by 264.1% during the first quarter, Holdings Channel reports. The fund owned 12,279 shares of the aerospace company’s stock after acquiring an additional 8,907 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Hexcel were worth $994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HXL. Royal Bank of Canada raised its position in Hexcel by 12.6% in the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock valued at $6,544,000 after purchasing an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after buying an additional 468 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Hexcel during the first quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Hexcel by 14.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock valued at $15,033,000 after acquiring an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 441 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on HXL. KeyCorp started coverage on shares of Hexcel in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 target price on shares of Hexcel in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $79.00 target price on shares of Hexcel in a report on Friday, April 24th. Finally, BMO Capital Markets lifted their price target on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $91.91.

Hexcel Stock Down 0.4%

Hexcel stock traded down $0.44 during mid-day trading on Friday, hitting $99.31. The company had a trading volume of 705,183 shares, compared to its average volume of 993,652. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 1 year low of $58.05 and a 1 year high of $102.47. The business has a fifty day moving average of $93.88 and a 200 day moving average of $87.28. The stock has a market cap of $7.49 billion, a price-to-earnings ratio of 65.34, a PEG ratio of 1.51 and a beta of 1.05.

Hexcel (NYSE:HXL) last issued its earnings results 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. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The business had revenue of $501.50 million during the quarter, compared to analysts’ expectations of $488.11 million. During the same quarter in the prior year, the business posted $0.37 EPS. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts expect that Hexcel Corporation will post 2.26 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, May 4th. Hexcel’s dividend payout ratio is presently 47.37%.

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.