Hexcel Corporation (HXL) to Issue Quarterly Dividend of $0.18 on May 11th

Hexcel Corporation (NYSE:HXL) declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, May 4th will be given a dividend of 0.18 per share by the aerospace company on Monday, May 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, May 4th.

Hexcel has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 3 consecutive years. Hexcel has a dividend payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Hexcel to earn $3.37 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 21.4%.

Hexcel Stock Performance

Shares of NYSE HXL opened at $92.23 on Friday. The stock has a market cap of $6.96 billion, a PE ratio of 60.67, a price-to-earnings-growth ratio of 1.42 and a beta of 1.11. Hexcel has a 1 year low of $48.71 and a 1 year high of $98.26. The firm has a fifty day moving average price of $85.61 and a 200-day moving average price of $79.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last released its earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.17. The company had revenue of $501.50 million for the quarter, compared to analysts’ expectations of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. Hexcel’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.37 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts anticipate that Hexcel will post 2.24 earnings per share for the current fiscal year.

Insider Transactions at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the transaction, the insider directly owned 1,979 shares in the company, valued at approximately $183,651.20. This represents a 43.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.84% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hexcel

Several institutional investors have recently modified their holdings of the stock. New York State Common Retirement Fund grew its stake in Hexcel by 25.8% in the 3rd quarter. New York State Common Retirement Fund now owns 421,980 shares of the aerospace company’s stock worth $26,458,000 after acquiring an additional 86,625 shares in the last quarter. Barclays PLC raised its position in shares of Hexcel by 124.0% in the 3rd quarter. Barclays PLC now owns 347,156 shares of the aerospace company’s stock worth $21,767,000 after acquiring an additional 192,190 shares in the last quarter. Leeward Investments LLC MA raised its holdings in Hexcel by 33.4% in the third quarter. Leeward Investments LLC MA now owns 371,161 shares of the aerospace company’s stock worth $23,272,000 after purchasing an additional 92,892 shares in the last quarter. Altfest L J & Co. Inc. purchased a new stake in Hexcel during the fourth quarter valued at approximately $914,000. Finally, Madison Asset Management LLC purchased a new stake in shares of Hexcel during the 3rd quarter valued at $1,410,000. 95.47% of the stock is owned by institutional investors.

About Hexcel

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.