California State Teachers Retirement System Acquires 8,645,003 Shares of Hexcel Corporation $HXL

Key Points

• California State Teachers Retirement System increased its Hexcel stake by 9,332.2% in the second quarter, acquiring 8.65 million shares and bringing its ownership to approximately 11.55%.
• Institutional investors own 95.47% of Hexcel, while insiders recently sold shares. Analysts maintain a consensus “Hold” rating with an average price target of $107.18.
• Hexcel exceeded quarterly earnings expectations, reporting $0.66 in EPS on $529.3 million in revenue, while maintaining fiscal 2026 EPS guidance of $2.30–$2.40 and paying a quarterly dividend of $0.18.

California State Teachers Retirement System raised its stake in Hexcel Corporation (NYSE:HXL - Free Report) by 9,332.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,737,639 shares of the aerospace company's stock after purchasing an additional 8,645,003 shares during the period. California State Teachers Retirement System owned approximately 11.55% of Hexcel worth $874,288,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Hexcel in the 2nd quarter valued at about $1,422,742,000. Bank of America Corp DE acquired a new position in shares of Hexcel during the 2nd quarter worth approximately $216,948,000. Alliancebernstein L.P. raised its holdings in Hexcel by 1,918.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company's stock valued at $123,050,000 after acquiring an additional 2,070,366 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in Hexcel during the third quarter worth about $123,233,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in Hexcel by 18.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company's stock worth $377,196,000 after purchasing an additional 790,320 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Insider Activity at Hexcel

In other Hexcel news, insider Gail Lehman sold 13,829 shares of Hexcel stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total value of $1,273,650.90. Following the sale, the insider owned 20,148 shares of the company's stock, valued at $1,855,630.80. The trade was a 40.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Gina Fitzsimons sold 9,675 shares of Hexcel stock in a transaction dated Friday, August 14th. The stock was 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 approximately $795,415.68. This represents a 55.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.84% of the company's stock.

Analyst Upgrades and Downgrades

HXL has been the subject of several research analyst reports. Wolfe Research downgraded shares of Hexcel from an "outperform" rating to a "peer perform" rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $100.00 price target on shares of Hexcel in a research report on Tuesday, August 4th. Wells Fargo & Company increased their price target on Hexcel from $95.00 to $120.00 and gave the stock an "overweight" rating in a report on Tuesday, August 4th. The Goldman Sachs Group upped their price objective on shares of Hexcel from $88.00 to $97.00 and gave the company a "neutral" rating in a report on Tuesday, August 4th. Finally, Wall Street Zen downgraded shares of Hexcel from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 16th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $107.18.

Hexcel Stock Performance

Shares of HXL opened at $92.48 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. The firm has a market cap of $6.99 billion, a PE ratio of 46.47, a PEG ratio of 1.32 and a beta of 1.05. Hexcel Corporation has a 1 year low of $60.26 and a 1 year high of $111.74. The stock's fifty day moving average price is $99.68 and its two-hundred day moving average price is $92.85.

Hexcel (NYSE:HXL - Get Free Report) last released its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities research analysts forecast that Hexcel Corporation will post 2.36 EPS for the current year.

Hexcel Announces Dividend

The company 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. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 annualized dividend and a yield of 0.8%. Hexcel's dividend payout ratio is currently 36.18%.

Hexcel Company Profile

Hexcel Corporation NYSE: HXL develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.

The company's portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.

Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.

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