21,931 Shares in Hexcel Corporation $HXL Bought by M&T Bank Corp

Key Points

• M&T Bank Corp established a new position in Hexcel (NYSE:HXL) in Q4, buying 21,931 shares valued at about $1.62 million.
• Hexcel beat quarterly expectations with $0.59 EPS versus a $0.42 consensus and $501.5M in revenue, and issued FY2026 guidance of $2.10–$2.30 EPS (analysts' consensus ~2.24).
• 95.47% institutional ownership remains high, with several large funds (e.g., New York State Common Retirement Fund, Barclays) increasing stakes, while an insider sold 1,500 shares leaving insiders with 1.84% ownership.

M&T Bank Corp bought a new position in Hexcel Corporation (NYSE:HXL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 21,931 shares of the aerospace company's stock, valued at approximately $1,621,000.

Other large investors also recently modified their holdings of the company. New York State Common Retirement Fund lifted its holdings in shares of 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 purchasing an additional 86,625 shares in the last quarter. Barclays PLC lifted its holdings 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 purchasing an additional 192,190 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Hexcel by 12.6% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 403,881 shares of the aerospace company's stock worth $25,323,000 after purchasing an additional 45,061 shares in the last quarter. Leeward Investments LLC MA lifted its holdings in shares of Hexcel by 33.4% in the 3rd 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. Finally, Madison Asset Management LLC bought a new position in shares of Hexcel in the 3rd quarter worth $1,410,000. 95.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on HXL shares. Jefferies Financial Group reiterated a "hold" rating and issued a $95.00 target price on shares of Hexcel in a report on Sunday. Wall Street Zen upgraded Hexcel from a "hold" rating to a "buy" rating in a report on Monday, March 2nd. Truist Financial set a $94.00 price objective on Hexcel in a research note on Friday, January 30th. Royal Bank Of Canada restated an "outperform" rating and set a $105.00 price objective on shares of Hexcel in a research note on Friday. Finally, UBS Group set a $99.00 price objective on Hexcel in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Hexcel has an average rating of "Hold" and an average price target of $91.00.

Insider Activity at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of Hexcel stock in a transaction 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 sale, the insider directly owned 1,979 shares in the company, valued at $183,651.20. The trade was a 43.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.84% of the stock is owned by insiders.

Hexcel Price Performance

Shares of NYSE:HXL opened at $92.97 on Wednesday. The company has a current ratio of 2.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.79. The stock's fifty day simple moving average is $85.42 and its two-hundred day simple moving average is $79.23. Hexcel Corporation has a 1-year low of $47.50 and a 1-year high of $98.26. The stock has a market cap of $7.01 billion, a PE ratio of 61.16, a price-to-earnings-growth ratio of 1.40 and a beta of 1.05.

Hexcel (NYSE:HXL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share 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 for the quarter, compared to analysts' expectations of $488.11 million. During the same period last year, the business earned $0.37 EPS. The business's revenue was up 7.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, analysts forecast that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, May 4th. Hexcel's payout ratio is presently 47.37%.

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.

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