Massachusetts Financial Services Co. MA Purchases 428,541 Shares of Hexcel Corporation $HXL

Key Points

• Massachusetts Financial Services Co. MA boosted its stake in Hexcel by 23%, buying 428,541 shares to hold 2,289,145 shares (about 2.88% of the company) worth roughly $169.2 million.
• Hexcel topped Q4 estimates with $0.52 EPS (vs. $0.50) and $491.3M revenue, set FY2026 guidance of 2.10–2.30 EPS, and analysts' consensus EPS for the year is about 2.14.
• The company increased its quarterly dividend to $0.18 (annualized $0.72), implying a ~0.9% yield and a payout ratio near 52%.

Massachusetts Financial Services Co. MA boosted its position in shares of Hexcel Corporation (NYSE:HXL - Free Report) by 23.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,289,145 shares of the aerospace company's stock after purchasing an additional 428,541 shares during the quarter. Massachusetts Financial Services Co. MA owned about 2.88% of Hexcel worth $169,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund raised its holdings in 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 worth $26,458,000 after purchasing an additional 86,625 shares during the last quarter. Barclays PLC raised its holdings in Hexcel by 124.0% during 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. Fort Washington Investment Advisors Inc. OH raised its holdings in Hexcel by 12.6% during 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. Madison Asset Management LLC bought a new stake in Hexcel during the 3rd quarter worth about $1,410,000. Finally, Leeward Investments LLC MA raised its holdings in Hexcel by 33.4% during the 3rd quarter. Leeward Investments LLC MA now owns 371,161 shares of the aerospace company's stock worth $23,272,000 after purchasing an additional 92,892 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

Hexcel Price Performance

Hexcel stock opened at $83.57 on Monday. The firm has a market capitalization of $6.30 billion, a P/E ratio of 60.56, a PEG ratio of 1.31 and a beta of 1.05. Hexcel Corporation has a 1 year low of $45.37 and a 1 year high of $95.22. The business has a 50-day moving average of $85.04 and a 200-day moving average of $77.20. 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 (NYSE:HXL - Get Free Report) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The company had revenue of $491.30 million during the quarter, compared to analyst estimates of $484.46 million. During the same period in the previous year, the company earned $0.52 EPS. The company's revenue for the quarter was up 3.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities analysts anticipate that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Increases Dividend

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

Insider Activity

In related news, insider Amy S. Evans sold 1,500 shares of the business's 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 transaction, the insider directly owned 1,979 shares in the company, valued at approximately $183,651.20. The trade was a 43.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.84% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on HXL. Jefferies Financial Group dropped their price objective on Hexcel from $90.00 to $80.00 and set a "hold" rating for the company in a report on Monday, April 6th. BMO Capital Markets restated a "market perform" rating and set a $85.00 target price on shares of Hexcel in a research report on Friday, January 30th. Weiss Ratings restated a "hold (c)" rating on shares of Hexcel in a research report on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on Hexcel from $92.00 to $95.00 and gave the stock an "outperform" rating in a research report on Friday, January 30th. Finally, The Goldman Sachs Group boosted their target price on Hexcel from $67.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 20th. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat, Hexcel presently has an average rating of "Hold" and an average price target of $86.36.

Hexcel Company Profile

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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