Hexcel Corporation $HXL Stock Position Lowered by Comerica Bank

Key Points

• Comerica Bank cut its stake in Hexcel by 29.9% in Q4 to 51,085 shares (about $3.78M); institutional investors now own 95.47% of the company, while firms like AllianceBernstein materially increased their positions (up 122.7% to ~4.85M shares).
• Hexcel beat quarterly expectations with EPS of $0.59 vs. $0.42 expected and revenue of $501.5M, and set FY2026 guidance of 2.10–2.30 EPS (analysts project ~2.24).
• Wall Street’s consensus rating is a Hold with an average target of $91, and the company announced a $0.18 quarterly dividend (0.8% yield).

Comerica Bank lessened its position in Hexcel Corporation (NYSE:HXL - Free Report) by 29.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,085 shares of the aerospace company's stock after selling 21,770 shares during the quarter. Comerica Bank owned approximately 0.06% of Hexcel worth $3,775,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Alliancebernstein L.P. lifted its position in shares of Hexcel by 122.7% in the 3rd quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company's stock valued at $304,091,000 after acquiring an additional 2,671,682 shares in the last quarter. State Street Corp raised its holdings in Hexcel by 4.3% in the 2nd quarter. State Street Corp now owns 4,690,924 shares of the aerospace company's stock worth $264,990,000 after acquiring an additional 191,649 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Hexcel by 23.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company's stock worth $169,168,000 after acquiring an additional 428,541 shares during the period. Bank of America Corp DE grew its position in Hexcel by 5.9% in the 2nd quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company's stock worth $129,002,000 after purchasing an additional 126,338 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new stake in Hexcel in the 3rd quarter worth $123,233,000. Hedge funds and other institutional investors own 95.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HXL. Royal Bank Of Canada reiterated an "outperform" rating and set a $105.00 target price on shares of Hexcel in a research report on Friday, April 24th. The Goldman Sachs Group lifted their target price on shares of Hexcel from $67.00 to $75.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Wells Fargo & Company began coverage on shares of Hexcel in a research report on Wednesday, April 1st. They issued an "overweight" rating and a $95.00 price target on the stock. Truist Financial set a $94.00 price target on shares of Hexcel in a research report on Friday, January 30th. Finally, UBS Group set a $99.00 price target on shares of Hexcel in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Hexcel presently has an average rating of "Hold" and an average target price of $91.00.

Insider Buying and Selling at Hexcel

In other news, insider Amy S. Evans sold 1,500 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider owned 1,979 shares in the company, valued at $183,651.20. This represents a 43.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.84% of the stock is owned by company insiders.

Hexcel Stock Down 1.8%

Shares of NYSE HXL opened at $92.23 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45. Hexcel Corporation has a 52-week low of $48.71 and a 52-week high of $98.26. The firm has a 50 day moving average price of $85.61 and a 200 day moving average price of $79.53. The stock has a market cap of $6.96 billion, a P/E ratio of 60.67, a P/E/G ratio of 1.40 and a beta of 1.11.

Hexcel (NYSE:HXL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.17. The firm had revenue of $501.50 million for the quarter, compared to analyst estimates of $488.11 million. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The business's revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Analysts expect that Hexcel Corporation will post 2.24 EPS for the current year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, May 4th. Hexcel's dividend payout ratio is 47.37%.

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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