Corient Private Wealth LP Acquires Shares of 32,578 Hexcel Corporation $HXL

Corient Private Wealth LP bought a new position in shares of Hexcel Corporation (NYSE:HXL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 32,578 shares of the aerospace company’s stock, valued at approximately $3,260,000.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in Hexcel in the second quarter valued at about $1,422,742,000. Bank of America Corp DE purchased a new stake in Hexcel during the 2nd quarter worth approximately $216,948,000. Alliancebernstein L.P. increased its holdings in Hexcel by 1,918.9% during the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after purchasing an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Hexcel in the 3rd quarter valued at approximately $123,233,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of 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 purchasing an additional 790,320 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HXL shares. Jefferies Financial Group reissued a “hold” rating and set a $110.00 price target on shares of Hexcel in a research report on Sunday, August 2nd. Wall Street Zen cut shares of Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. TD Cowen increased their price objective on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Royal Bank Of Canada raised their price objective on shares of Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Morgan Stanley boosted their target price on shares of Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $107.18.

Insider Buying and Selling at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the transaction, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.84% of the company’s stock.

Hexcel Trading Down 0.6%

NYSE:HXL opened at $92.08 on Wednesday. The company has a market cap of $6.96 billion, a PE ratio of 46.27, a P/E/G ratio of 1.32 and a beta of 1.05. The business’s 50 day moving average is $100.71 and its two-hundred day moving average is $92.72. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. Hexcel Corporation has a 52 week low of $60.26 and a 52 week high of $111.74.

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

Hexcel Announces Dividend

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

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.