Nissay Asset Management Corp Japan Buys New Shares in Hexcel Corporation $HXL

by · The Markets Daily

Nissay Asset Management Corp Japan bought a new position in Hexcel Corporation (NYSE:HXL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 126,508 shares of the aerospace company’s stock, valued at approximately $12,658,000.

Other institutional investors have also bought and sold shares of the company. Sequoia Financial Advisors LLC raised its holdings in Hexcel by 2.3% during the first quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after acquiring an additional 119 shares during the period. Central Pacific Bank Trust Division lifted its position in shares of Hexcel by 7.1% in the second quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock valued at $180,000 after acquiring an additional 120 shares in the last quarter. Clearstead Advisors LLC boosted its stake in shares of Hexcel by 18.2% in the fourth quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock worth $60,000 after acquiring an additional 126 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Hexcel by 1.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock worth $881,000 after acquiring an additional 128 shares during the period. Finally, Parvin Asset Management LLC grew its position in shares of Hexcel by 16.3% during the first quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock worth $84,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Royal Bank Of Canada lifted their target price on Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. The Goldman Sachs Group upped their price target on Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Morgan Stanley increased their price objective on shares of 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 objective on shares of Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Bank of America downgraded shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Hexcel currently has an average rating of “Hold” and a consensus target price of $107.18.

Get Our Latest Stock Report on HXL

Hexcel Trading Up 0.4%

Shares of Hexcel stock opened at $95.05 on Friday. Hexcel Corporation has a twelve month low of $60.26 and a twelve month high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $100.93 and a 200-day moving average price of $92.61. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 47.76, a PEG ratio of 1.36 and a beta of 1.06.

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

Hexcel Announces Dividend

The company 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s dividend payout ratio is 36.18%.

Insider Activity

In other news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $103.14, for a total transaction of $997,879.50. Following the completion of the transaction, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This represents a 55.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.84% of the stock is owned by company insiders.

Hexcel Company Profile

(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.

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