Capital Fund Management S.A. Invests $6.93 Million in Hexcel Corporation $HXL

Key Points

• Capital Fund Management S.A. acquired a new stake in Hexcel Corporation, purchasing 126,473 shares valued at approximately $6.93 million, which represents a 0.16% ownership of the company.
• Hexcel recently reported a quarterly earnings per share (EPS) of $0.50, exceeding analyst expectations, with revenue of $489.9 million for the quarter, even though it marked a 2.1% decline year-over-year.
• The company announced a quarterly dividend of $0.17, translating to an annual yield of 1.1%, with a current payout ratio of 62.96%.

Capital Fund Management S.A. acquired a new position in Hexcel Corporation (NYSE:HXL - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 126,473 shares of the aerospace company's stock, valued at approximately $6,926,000. Capital Fund Management S.A. owned approximately 0.16% of Hexcel at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HXL. CANADA LIFE ASSURANCE Co grew its holdings in Hexcel by 1.3% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 56,890 shares of the aerospace company's stock worth $3,565,000 after buying an additional 720 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Hexcel by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,437,058 shares of the aerospace company's stock worth $90,104,000 after buying an additional 24,393 shares in the last quarter. MetLife Investment Management LLC grew its holdings in Hexcel by 8.1% in the 4th quarter. MetLife Investment Management LLC now owns 45,667 shares of the aerospace company's stock worth $2,863,000 after buying an additional 3,423 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Hexcel by 315.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,363 shares of the aerospace company's stock worth $462,000 after buying an additional 5,589 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in Hexcel by 995.9% in the fourth quarter. Hsbc Holdings PLC now owns 40,867 shares of the aerospace company's stock worth $2,567,000 after purchasing an additional 37,138 shares during the period. 95.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Morgan Stanley upped their target price on Hexcel from $50.00 to $55.00 and gave the stock an "underweight" rating in a research report on Thursday, July 17th. BMO Capital Markets upped their target price on Hexcel from $52.00 to $67.00 and gave the stock a "market perform" rating in a research report on Tuesday, July 29th. UBS Group upped their target price on Hexcel from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $70.00 target price (up from $65.00) on shares of Hexcel in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Hexcel currently has a consensus rating of "Hold" and a consensus target price of $63.33.

Hexcel Price Performance

Shares of NYSE:HXL traded up $0.15 on Wednesday, reaching $63.71. 401,802 shares of the company traded hands, compared to its average volume of 1,168,950. The company's 50 day moving average is $59.60 and its 200-day moving average is $56.87. The stock has a market capitalization of $5.07 billion, a PE ratio of 58.95, a P/E/G ratio of 2.07 and a beta of 1.36. Hexcel Corporation has a fifty-two week low of $45.28 and a fifty-two week high of $71.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.69 and a quick ratio of 1.50.

Hexcel (NYSE:HXL - Get Free Report) last released its earnings results on Thursday, July 24th. The aerospace company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.04. The company had revenue of $489.90 million during the quarter, compared to analyst estimates of $482.20 million. Hexcel had a return on equity of 9.76% and a net margin of 4.69%.The company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. Hexcel has set its FY 2025 guidance at 1.850-2.050 EPS. As a group, analysts anticipate that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 8th were issued a $0.17 dividend. The ex-dividend date was Friday, August 8th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. Hexcel's dividend payout ratio is presently 62.96%.

Hexcel Company Profile

Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products.