AXQ Capital LP Decreases Stock Holdings in Hexcel Corporation $HXL

Key Points

• AXQ Capital cut its Hexcel stake by 46.5% in the second quarter, selling 14,440 shares and retaining 16,627 shares valued at approximately $1.66 million. Institutional investors collectively own 95.47% of HXL.
• Analyst sentiment remains mixed: five analysts rate Hexcel a Buy, nine a Hold, and one a Sell, with an average price target of $107.18 versus the stock’s reported $91.97 opening price.
• Hexcel exceeded quarterly earnings expectations, reporting $0.66 in EPS on $529.3 million in revenue, while revenue rose 8% year over year. The company also declared a quarterly dividend of $0.18, equal to a 0.8% annualized yield.

AXQ Capital LP lowered its position in shares of Hexcel Corporation (NYSE:HXL - Free Report) by 46.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,627 shares of the aerospace company's stock after selling 14,440 shares during the period. AXQ Capital LP's holdings in Hexcel were worth $1,664,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Nykredit A S acquired a new position in Hexcel in the second quarter valued at approximately $263,000. Rehmann Capital Advisory Group lifted its position in shares of Hexcel by 12.7% during the 2nd quarter. Rehmann Capital Advisory Group now owns 6,341 shares of the aerospace company's stock worth $635,000 after buying an additional 713 shares during the last quarter. Two Sigma Securities LLC acquired a new position in shares of Hexcel in the 2nd quarter valued at $319,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Hexcel by 14.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,600 shares of the aerospace company's stock valued at $360,000 after buying an additional 464 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Hexcel by 3.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 218,696 shares of the aerospace company's stock valued at $21,883,000 after buying an additional 6,718 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on HXL shares. Wolfe Research cut Hexcel from an "outperform" rating to a "peer perform" rating in a research report on Friday, July 31st. UBS Group boosted their target price on Hexcel from $113.00 to $126.00 and gave the company a "buy" rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $100.00 price objective on shares of Hexcel in a research report on Tuesday, August 4th. TD Cowen boosted 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. Finally, Wells Fargo & Company raised their target price on shares of Hexcel from $95.00 to $120.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $107.18.

Insider Buying and Selling

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of Hexcel stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the transaction, the insider directly owned 7,712 shares of the company's stock, valued at $795,415.68. The trade was a 55.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.84% of the company's stock.

Hexcel Stock Performance

NYSE HXL opened at $91.97 on Friday. The business's 50-day moving average price is $100.47 and its 200 day moving average price is $92.75. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74. The company has a market capitalization of $6.95 billion, a PE ratio of 46.22, a price-to-earnings-growth ratio of 1.32 and a beta of 1.05.

Hexcel (NYSE:HXL - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $529.30 million during the quarter, compared to analysts' expectations of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The firm's revenue was up 8.0% on a year-over-year basis. During the same quarter 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, research analysts predict that Hexcel Corporation will post 2.36 earnings per share for the current year.

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were issued a $0.18 dividend. The ex-dividend date was Monday, August 10th. This represents a $0.72 annualized dividend and a yield of 0.8%. Hexcel's dividend payout ratio (DPR) is presently 36.18%.

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.

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