Insider Selling: Hexcel (NYSE:HXL) Insider Sells $997,879.50 in Stock

Hexcel Corporation (NYSE:HXL) insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction 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 directly owned 7,712 shares in the company, valued at $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Hexcel Stock Performance

Shares of NYSE HXL opened at $97.82 on Thursday. The company has a market capitalization of $7.40 billion, a P/E ratio of 49.16, a price-to-earnings-growth ratio of 1.44 and a beta of 1.06. The business’s 50-day moving average price is $101.50 and its two-hundred day moving average price is $92.14. Hexcel Corporation has a one year low of $60.05 and a one year high of $111.74. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37.

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

Hexcel Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, August 10th. Hexcel’s payout ratio is 36.18%.

Institutional Trading of Hexcel

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its position in Hexcel by 12.6% in the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock valued at $6,544,000 after purchasing an additional 13,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock worth $348,000 after purchasing an additional 468 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Hexcel in the first quarter valued at $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Hexcel by 14.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock valued at $15,033,000 after buying an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock valued at $42,000 after buying an additional 441 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HXL shares. Bank of America lowered shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a research note on Monday, August 3rd. TD Cowen boosted their target price on shares of Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Jefferies Financial Group restated a “hold” rating and set a $110.00 price target on shares of Hexcel in a report on Sunday, August 2nd. Wall Street Zen downgraded Hexcel from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Weiss Ratings upgraded Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $107.18.

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.