The Manufacturers Life Insurance Company Makes New $39.65 Million Investment in Hexcel Corporation $HXL

Key Points

• The Manufacturers Life Insurance Company acquired 396,252 Hexcel shares worth approximately $39.65 million, giving it a 0.52% stake. Institutional investors and hedge funds collectively own 95.47% of the company.
• Analyst sentiment remains mixed, with five Buy, ten Hold and one Sell rating; the consensus price target is $107.18, compared with shares recently opening at $94.76.
• Hexcel exceeded quarterly earnings expectations with $0.66 EPS and $529.3 million in revenue, while maintaining 2026 EPS guidance of $2.30–$2.40 and paying a quarterly dividend of $0.18 per share.

The Manufacturers Life Insurance Company purchased a new stake in Hexcel Corporation (NYSE:HXL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 396,252 shares of the aerospace company's stock, valued at approximately $39,649,000. The Manufacturers Life Insurance Company owned 0.52% of Hexcel as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HXL. GHP Investment Advisors Inc. bought a new stake in shares of Hexcel during the 1st quarter worth $28,000. Group One Trading LLC bought a new position in Hexcel in the 2nd quarter worth $36,000. Prosperity Bancshares Inc acquired a new position in Hexcel during the 4th quarter worth $36,000. Cedar Mountain Advisors LLC bought a new stake in Hexcel during the first quarter valued at about $37,000. Finally, Transamerica Financial Advisors LLC boosted its holdings in Hexcel by 181.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company's stock valued at $37,000 after acquiring an additional 326 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hexcel

In other news, insider Gina Fitzsimons sold 9,675 shares of Hexcel stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the sale, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. The trade was a 55.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.84% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Weiss Ratings raised Hexcel from a "hold (c)" rating to a "buy (b-)" rating in a research report on Tuesday, August 4th. Morgan Stanley raised their target price on Hexcel from $97.00 to $110.00 and gave the company an "equal weight" rating in a report on Friday, July 31st. Wells Fargo & Company lifted their price target on Hexcel from $95.00 to $120.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Royal Bank Of Canada upped their price target on Hexcel from $105.00 to $115.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Finally, TD Cowen raised their price objective on shares of Hexcel from $85.00 to $100.00 and gave the stock a "hold" rating in a research note on Monday, July 13th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $107.18.

Hexcel Price Performance

Shares of HXL stock opened at $94.76 on Thursday. Hexcel Corporation has a 12 month low of $60.26 and a 12 month high of $111.74. The company has a market capitalization of $7.17 billion, a P/E ratio of 47.62, a P/E/G ratio of 1.34 and a beta of 1.06. The stock has a 50 day moving average of $101.03 and a two-hundred day moving average of $92.53. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74.

Hexcel (NYSE:HXL - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The business had revenue of $529.30 million for the quarter, compared to analysts' expectations of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.Hexcel's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities analysts expect that Hexcel Corporation will post 2.36 EPS for the current year.

Hexcel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel's dividend payout ratio (DPR) is presently 36.18%.

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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