The Manufacturers Life Insurance Company trimmed its stake in Hexcel Corporation (NYSE:HXL – Free Report) by 2.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 393,442 shares of the aerospace company’s stock after selling 10,122 shares during the period. The Manufacturers Life Insurance Company’s holdings in Hexcel were worth $31,841,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GHP Investment Advisors Inc. purchased a new stake in Hexcel in the first quarter valued at $28,000. Cedar Mountain Advisors LLC purchased a new position in shares of Hexcel during the first quarter worth about $37,000. Prosperity Bancshares Inc purchased a new position in shares of Hexcel during the fourth quarter worth about $36,000. Transamerica Financial Advisors LLC increased its position in shares of Hexcel by 181.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 326 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Hexcel during the fourth quarter worth about $38,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Hexcel Trading Up 0.2%
NYSE HXL opened at $103.08 on Friday. The firm’s fifty day moving average is $98.14 and its two-hundred day moving average is $90.29. Hexcel Corporation has a one year low of $58.20 and a one year high of $111.74. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. The firm has a market cap of $7.80 billion, a PE ratio of 51.80, a P/E/G ratio of 1.53 and a beta of 1.05.
Hexcel Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.72 annualized dividend and a yield of 0.7%. Hexcel’s dividend payout ratio is currently 36.18%.
Hexcel News Roundup
Here are the key news stories impacting Hexcel this week:
- Positive Sentiment: RBC raised its price target on Hexcel from $105 to $115 and upgraded the stock to “outperform,” implying approximately 11.6% upside from the referenced price. The move reflects confidence in the company’s aerospace recovery and earnings outlook. Benzinga analyst update
- Positive Sentiment: Q2 earnings exceeded expectations: adjusted EPS was $0.66, up from $0.50 a year earlier and above the roughly $0.57 consensus. Revenue rose 8% year over year to $529.3 million, slightly topping estimates, while gross margin improved to 26.1% from 22.8%. Q2 earnings report
- Positive Sentiment: Commercial Aerospace sales jumped 18.3% to $346.6 million, signaling continued recovery in aircraft production and demand for Hexcel’s lightweight composite materials. Management also raised adjusted 2026 EPS guidance to $2.30–$2.40 and sales guidance to approximately $2.025–$2.125 billion. Hexcel Q2 sales and guidance update
- Positive Sentiment: Hexcel declared a quarterly dividend of $0.18 per share, payable August 17 to shareholders of record August 10. The dividend provides modest income support and signals continued capital-return capacity.
- Neutral Sentiment: BMO also raised its price target, from $97 to $109, but retained a “market perform” rating, indicating analysts remain divided on how much of the recovery is already reflected in HXL’s valuation. BMO price target update
- Negative Sentiment: Defense, Space & Other sales declined 7.2% to $182.7 million, partly because of the divestiture of an Austrian industrial business. This offsets some of the commercial aerospace momentum and remains a consideration for investors.
Analysts Set New Price Targets
Several research firms have recently weighed in on HXL. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a report on Friday, July 17th. UBS Group raised their price target on Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday. Wolfe Research lowered Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday. Jefferies Financial Group boosted their price objective on Hexcel from $95.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Finally, BMO Capital Markets increased their price objective on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $99.18.
Get Our Latest Stock Report on Hexcel
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.
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