Free Trial

Econ Financial Services Corp Takes Position in Hexcel Corporation $HXL

Hexcel logo with Aerospace background
Image from MarketBeat Media, LLC.

Key Points

  • Econ Financial Services opened a new Q4 position in Hexcel (NYSE:HXL), buying 19,707 shares worth about $1.456 million.
  • Institutional ownership is very high at 95.47%, with large increases from New York State Common Retirement Fund, Barclays, Fort Washington and Channing Capital among others.
  • Financials and outlook: Hexcel topped Q4 EPS estimates, set FY2026 guidance of $2.10–$2.30, raised its quarterly dividend to $0.18 (0.9% yield), and carries an analyst consensus "Hold" with a $83.45 target.
  • Five stocks to consider instead of Hexcel.

Econ Financial Services Corp purchased a new position in shares of Hexcel Corporation (NYSE:HXL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 19,707 shares of the aerospace company's stock, valued at approximately $1,456,000.

Other institutional investors and hedge funds have also modified their holdings of the company. New York State Common Retirement Fund raised its position in shares of Hexcel by 25.8% during the 3rd quarter. New York State Common Retirement Fund now owns 421,980 shares of the aerospace company's stock valued at $26,458,000 after acquiring an additional 86,625 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position 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 during the last quarter. Barclays PLC boosted its position 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 during the last quarter. Madison Asset Management LLC acquired a new stake in shares of Hexcel during the third quarter worth $1,410,000. Finally, Channing Capital Management LLC grew its stake in shares of Hexcel by 5.5% during the third quarter. Channing Capital Management LLC now owns 1,334,649 shares of the aerospace company's stock worth $83,682,000 after purchasing an additional 69,201 shares during the period. 95.47% of the stock is owned by institutional investors.

Hexcel Stock Performance

Shares of Hexcel stock opened at $80.98 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 58.68, a price-to-earnings-growth ratio of 1.18 and a beta of 1.01. The stock's 50-day moving average is $85.22 and its 200-day moving average is $76.11. Hexcel Corporation has a one year low of $45.28 and a one year high of $95.22.

Hexcel (NYSE:HXL - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The business had revenue of $491.30 million during the quarter, compared to the consensus estimate of $484.46 million. During the same period last year, the company earned $0.52 earnings per share. Hexcel's quarterly revenue was up 3.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts predict that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. This is an increase from Hexcel's previous quarterly dividend of $0.17. Hexcel's dividend payout ratio (DPR) is 52.17%.

Insider Activity

In other news, insider Amy S. Evans sold 1,500 shares of the business's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the sale, the insider owned 1,979 shares of the company's stock, valued at $183,651.20. The trade was a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

HXL has been the topic of several analyst reports. Royal Bank Of Canada increased their target price on Hexcel from $92.00 to $95.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. Jefferies Financial Group boosted their target price on Hexcel from $75.00 to $90.00 and gave the stock a "hold" rating in a research report on Sunday, February 1st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Hexcel in a research note on Thursday, January 22nd. Bank of America upgraded shares of Hexcel from an "underperform" rating to a "neutral" rating and increased their price target for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group lifted their price objective on shares of Hexcel from $67.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $83.45.

Read Our Latest Stock Report on HXL

About Hexcel

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding HXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hexcel Corporation (NYSE:HXL - Free Report).

Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Hexcel Right Now?

Before you consider Hexcel, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hexcel wasn't on the list.

While Hexcel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines