Fisher Asset Management LLC Sells 17,479 Shares of Hexcel Corporation $HXL

Fisher Asset Management LLC lowered its position in Hexcel Corporation (NYSE:HXL) by 18.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,526 shares of the aerospace company’s stock after selling 17,479 shares during the period. Fisher Asset Management LLC’s holdings in Hexcel were worth $5,581,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HXL. MMA Asset Management LLC bought a new position in shares of Hexcel in the 3rd quarter worth approximately $35,000. Optiver Holding B.V. grew its stake in shares of Hexcel by 469.3% in the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after buying an additional 474 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Hexcel by 8,671.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock worth $38,000 after buying an additional 607 shares during the last quarter. Leonteq Securities AG purchased a new stake in shares of Hexcel in the 4th quarter worth approximately $38,000. Finally, Covestor Ltd grew its stake in shares of Hexcel by 42.1% in the 4th quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock worth $42,000 after buying an additional 169 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Truist Financial set a $94.00 price target on Hexcel in a research note on Friday, January 30th. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Wells Fargo & Company initiated coverage on Hexcel in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price target for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research report on Friday, April 24th. Finally, Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $60.00 to $95.00 in a research report on Thursday, February 12th. One 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’s stock. According to data from MarketBeat, Hexcel has an average rating of “Hold” and a consensus price target of $91.00.

Hexcel Stock Performance

NYSE:HXL opened at $91.09 on Friday. The stock has a 50-day simple moving average of $86.34 and a two-hundred day simple moving average of $82.44. Hexcel Corporation has a 52-week low of $51.59 and a 52-week high of $98.26. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. The firm has a market capitalization of $6.87 billion, a PE ratio of 59.93, a P/E/G ratio of 1.33 and a beta of 1.11.

Hexcel (NYSE:HXL) last released its quarterly 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 return on equity of 11.08% and a net margin of 6.07%.The business had revenue of $501.50 million during the quarter, compared to analyst estimates of $488.11 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. Hexcel’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. Analysts forecast that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s 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.