Hardman Johnston Global Advisors LLC Sells 36,350 Shares of Hexcel Corporation $HXL

Key Points

• Hardman Johnston Global Advisors LLC trimmed its stake in Hexcel by 13.2%, selling 36,350 shares and now holds 239,547 shares (about 0.30% of the company) valued at roughly $17.7 million.
• Insider Amy S. Evans sold 1,500 shares at an average price of $92.80 (≈$139,200), cutting her position by 43.12% to 1,979 shares.
• Wall Street consensus is a “Hold” with an average price target of $86.36, though recent analyst moves include Morgan Stanley upgrading to equal weight and Wells Fargo initiating coverage at overweight with a $95 target.

Hardman Johnston Global Advisors LLC trimmed its holdings in shares of Hexcel Corporation (NYSE:HXL - Free Report) by 13.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 239,547 shares of the aerospace company's stock after selling 36,350 shares during the quarter. Hardman Johnston Global Advisors LLC owned 0.30% of Hexcel worth $17,703,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of HXL. MMA Asset Management LLC bought a new stake in Hexcel during the 3rd quarter worth approximately $35,000. Optiver Holding B.V. increased its stake in Hexcel by 469.3% during the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company's stock worth $36,000 after purchasing an additional 474 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Hexcel by 8,671.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company's stock worth $38,000 after purchasing an additional 607 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company's stock worth $42,000 after purchasing an additional 441 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Hexcel by 57.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 786 shares of the aerospace company's stock worth $44,000 after purchasing an additional 288 shares in the last quarter. 95.47% of the stock is owned by institutional investors.

Insider Activity at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $92.80, for a total value of $139,200.00. Following the completion of the sale, the insider owned 1,979 shares of the company's stock, valued at approximately $183,651.20. This represents a 43.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HXL shares. Morgan Stanley raised shares of Hexcel from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $67.00 to $90.00 in a research note on Friday, January 30th. Wells Fargo & Company started coverage on shares of Hexcel in a research note on Wednesday, April 1st. They set an "overweight" rating and a $95.00 price target for the company. UBS Group set a $99.00 price target on shares of Hexcel in a research note on Friday, January 30th. Jefferies Financial Group decreased their price target on shares of Hexcel from $90.00 to $80.00 and set a "hold" rating for the company in a research note on Monday, April 6th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Hexcel in a research note on Thursday, January 22nd. 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 given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $86.36.

Hexcel Trading Down 0.0%

NYSE HXL opened at $83.57 on Monday. The company has a market cap of $6.30 billion, a PE ratio of 60.56, a PEG ratio of 1.31 and a beta of 1.05. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 12 month low of $45.37 and a 12 month high of $95.22. The stock has a 50 day moving average of $85.04 and a 200-day moving average of $77.20.

Hexcel (NYSE:HXL - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $491.30 million during the quarter, compared to the consensus estimate of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities research analysts anticipate that Hexcel Corporation will post 2.14 EPS for the current fiscal year.

Hexcel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, February 9th. This is a boost from Hexcel's previous quarterly dividend of $0.17. Hexcel's payout ratio is currently 52.17%.

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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