Redwood Investment Management LLC Makes New Investment in Hexcel Corporation $HXL

Redwood Investment Management LLC acquired a new position in Hexcel Corporation (NYSE:HXL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,683 shares of the aerospace company’s stock, valued at approximately $1,169,000.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Hexcel during the 2nd quarter valued at about $1,422,742,000. Bank of America Corp DE purchased a new stake in Hexcel in the second quarter worth approximately $216,948,000. Alliancebernstein L.P. grew its position in Hexcel by 1,918.9% during the second quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock valued at $123,050,000 after acquiring an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. bought a new position in Hexcel during the third quarter valued at approximately $123,233,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Hexcel by 18.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after acquiring an additional 790,320 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors.

Hexcel Trading Up 1.2%

Shares of HXL opened at $94.76 on Thursday. The stock has a market capitalization of $7.17 billion, a P/E ratio of 47.62, a PEG ratio of 1.34 and a beta of 1.06. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The firm has a fifty day simple moving average of $101.03 and a two-hundred day simple moving average of $92.53.

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

Hexcel Announces Dividend

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

Insider Transactions at Hexcel

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $103.14, for a total transaction of $997,879.50. Following the completion of the transaction, the insider owned 7,712 shares of the company’s stock, valued at $795,415.68. This represents a 55.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.84% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HXL. The Goldman Sachs Group upped their price objective on shares of Hexcel from $88.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Morgan Stanley upped their price target on shares of Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. TD Cowen lifted their price objective on Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Finally, Wells Fargo & Company increased their target price on Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $107.18.

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.