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On its third quarter of 2026 earnings call, held on Oct. 22, 2026, Hexcel (HXL -9.54%) reaffirmed its full-year 2026 guidance, expecting net sales between $2.025 billion and $2.150 billion. Higher commercial aircraft production is driving demand for advanced lightweight composite materials, prompting management to restart idle lines and recruit staff ahead of schedule. Three things management said stand out.

1. Production Ramps Position the Business for 18% Operating MarginsRestarting idle manufacturing lines and onboarding assembly workers creates temporary cost pressure, but running higher production volumes through existing factories improves fixed-cost absorption. Leadership expects price increases on renewed contracts and continuous operational improvements to expand profitability over time.

Combined with pricing increases, as contracts renew, productivity improvements and disciplined cost control, the production ramp provides a path to approximately 18% adjusted operating margins before the end of the decade.
-- Thomas C. Gentile, Chairman, CEO and President2. Aircraft Production Rates Support $500 Million in Incremental SalesCommercial aircraft manufacturing is expanding across major jet platforms, boosting demand for lightweight carbon fiber composite structures. As aircraft builders reach peak production rates, long-term supply agreements generate substantial revenue growth.

As Airbus and Boeing reach their publicly announced peak production rates, we expect approximately $500 million in incremental commercial aerospace sales annually from our existing contracts compared to fiscal year 2020 sales.
-- Thomas C. Gentile, Chairman, CEO and PresidentDebt reduction remains on track to hit targeted leverage ratios of 1.5 to 2.0 times net debt to adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) during the fourth quarter. Cash flow generation has enabled the board of directors to nearly double the size of its stock repurchase program.

Reflecting confidence in Hexcel's growth and cash generation potential, our board has increased the share repurchase authorization to $750 million from the $381 million remaining as of September 30 of this year.
-- Thomas C. Gentile, Chairman, CEO and PresidentLooking AheadCommercial aircraft output is accelerating across major manufacturing programs, and leadership isn't hiding its eagerness to ramp up production lines. Proprietary composite technology and deep customer relationships anchor its competitive advantage, while leadership watches pricing discipline and onboarding efficiency.

Customer demand continues to increase, and we are restarting idle lines early. And investing now in hiring people to prepare Hexcel for higher production levels in 2027 and beyond.
-- Thomas C. Gentile, Chairman, CEO and PresidentIntegrated manufacturing scales with rising delivery rates, creating a clear runway for long-term shareholder value.

Our differentiated portfolio, technical capabilities and strong customer positions, we are confident in Hexcel's ability to convert this growth into stronger margins, cash generation and long term value for our stockholders.
-- Thomas C. Gentile, Chairman, CEO and PresidentThe Motley Fool recommends Hexcel. The Motley Fool has a disclosure policy.

As The Magnificent 7 Stumble, Pivot to These 3 Growth StocksHexcel NYSE: HXL reported third-quarter 2026 sales of $496 million, up 9% from a year earlier, as commercial aerospace demand increased across its major aircraft programs. Adjusted operating margin rose to 11% from 9.8%, while adjusted diluted earnings per share increased to $0.50 from $0.37 in the prior-year quarter.

Chairman, CEO and President Tom Gentile said the quarter reflected customary summer seasonality, including extended European holiday periods, while the company continued restarting idle manufacturing lines and hiring employees to support higher expected production rates. Those actions pressure margins in the near term but are intended to position Hexcel for greater operating leverage as volumes rise, he said.

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Commercial aerospace drives quarterly growth
Commercial aerospace sales totaled $330 million, rising 21% year over year and representing about 67% of quarterly revenue. Hexcel cited volume growth on the Airbus A350 and A320neo as well as the Boeing 787 and 737 MAX.

Gentile emphasized that Hexcel supplies materials several months before final aircraft assembly, meaning its shipments are based on customer production demand and purchase orders rather than reported aircraft deliveries. The company said orders received through year-end support its expectation of at least 80 A350 shipsets in 2026.

For 2027, Hexcel said current demand signals point to approximately 100 A350 shipsets, a roughly 25% increase from its 2026 outlook. Gentile said the company has not seen evidence suggesting a potential A350 inventory reduction next year, citing Airbus production plans, customer schedules, supplier surveys and initial purchase orders for early 2027.

In the question-and-answer session, Gentile said Hexcel believes it has enough installed production capacity to support Airbus’ stated target of 12 A350 aircraft per month by 2028. Additional carbon-fiber capacity could be needed in the early 2030s if rates rise beyond that level, he said.

Defense and space sales decline amid temporary softness
Defense, space and other sales were $166 million, down 9% from a year ago and accounting for approximately 33% of revenue. The decline reflected the divestiture of Hexcel’s non-core industrial business in Austria, the winding down of industrial operations at its Leicester, U.K., site, lower U.S. space-launcher and rocket-motor volume, and timing-related softness in the F-35 and Rafale programs.

Gentile described the weaker space-launcher demand as temporary, noting that launch activity among some customers that use more composite materials had slowed following operational issues. The company expects activity in that area to begin improving, if not in the fourth quarter, then during 2027.

Management said defense and space remain strategic growth priorities despite the quarter’s decline. Gentile pointed to Hexcel’s positions on rotorcraft, fixed-wing and other defense platforms, including the CH-53K and Black Hawk. He also said the company sees potential opportunity from Boeing’s sixth-generation fighter awards, though production material decisions have yet to be finalized.

Margins improve, with further expansion targeted
Chief Financial Officer Jamie Coogan said third-quarter gross margin increased to 23.3% from 21.9%, aided by improved operating leverage and price realization. Adjusted operating income was $54 million, or 11% of sales, compared with $45 million, or 9.8% of sales, a year earlier.

Composite Materials, Hexcel’s larger segment, generated a 14.6% adjusted operating margin, up from 11.2% in the prior-year period. Engineered Products posted an 11.8% adjusted operating margin, down from 15.5% a year earlier.

Coogan said foreign exchange reduced third-quarter operating margin by about 30 basis points because of a weaker dollar. He also said higher oil prices have had a muted near-term effect because of hedges and procurement contracts. Acrylonitrile, a petroleum-derived input used in carbon fiber production, represents only a low-single-digit percentage of sales, management said.

Hexcel is pursuing a multiyear margin-expansion effort centered on price realization, cost control, continuous improvement, manufacturing yields and general-and-administrative efficiency. Management said the company sees a path to approximately 18% adjusted operating margin before the end of the decade as volumes move through existing capacity. Coogan said further pricing and operational improvements could create an opportunity to approach 20% margins.

The company added about 525 employees through the end of September, exceeding its earlier expectation to hire 400 during 2026, and expects to add more workers before year-end. Management said onboarding and training costs will continue to create some pressure, including into the first half of 2027, before higher production volumes improve absorption.

Guidance and capital allocation
Hexcel reaffirmed its full-year 2026 outlook for revenue of $2.025 billion to $2.15 billion, diluted earnings per share of $2.30 to $2.40, and free cash flow greater than $195 million. The company said it expects fourth-quarter revenue to reflect its typical mix of roughly 65% commercial aerospace and 35% defense, space and other markets.

For the first nine months of 2026, free cash flow rose to $103 million from $50 million a year earlier. Net debt to trailing-12-month adjusted EBITDA was about 2.1 times at Sept. 30, compared with just under 2.7 times at year-end 2025. Hexcel said it remains on track to return to its target leverage range of 1.5 times to 2 times during the fourth quarter.

The board increased the company’s share-repurchase authorization to $750 million from the $381 million remaining as of Sept. 30. Hexcel said it expects to consider restarting buybacks once it reaches its targeted leverage range. The board also declared a quarterly dividend of $0.18 per share, payable Nov. 9 to shareholders of record on Nov. 2.

About Hexcel (NYSE:HXL)Hexcel Corporation is an advanced materials company that develops and manufactures lightweight, high-performance composite materials and structural components. Its products are designed to improve strength, durability, fuel efficiency, and performance across demanding applications.

The company's portfolio includes carbon fiber, fiberglass, specialty reinforcements, prepregs, adhesives, honeycomb materials, engineered core products, and composite structures. These materials and components are used in commercial aircraft, military and space systems, helicopters, wind turbine blades, and various industrial applications.

Hexcel serves customers worldwide through manufacturing, research, and distribution operations in North America, Europe, Asia, and other international markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Hexcel Corp (HXL -11.65%) stock tumbled 11.8% through 10:20 a.m. ET Thursday after reporting earnings last night.

Heading into the company's Q3 report, analysts predicted the company, which manufactures carbon fiber composite materials and even entire airplane parts, would earn $0.49 per share on $501.8 million in sales. Hexcel beat the earnings forecast by a penny, earning $0.50 per share, but its sales came up short at $496.4 million.

Image source: Getty Images.

Sales "missed estimates," but Hexcel still grew its sales 8.8%. Commercial aerospace sales soared 20.5% while defense sales headed the other way, declining 8.7% after Hexcel divested one "non-core Austrian-based industrial business" and closed another, in the U.K.

Offsetting the revenue hit, Hexcel improved its gross profit margin by 140 basis points, earning more on the sales it did make. Net profit per share nearly doubled year over year.

HXL Hexcel$79.37-$10.47 (-11.65%)

NYSE · As of 11:39 AM ET 10/22/26

What's next for Hexcel stockAll things considered, these seem pretty good results. So why are investors selling Hexcel stock?

Guidance is probably the answer. As StreetInsider.com points out, Hexcel's forecast of $2.30 to $2.40 per share in non-GAAP diluted earnings per share this year implies a fair chance Hexcel will miss analyst forecasts for Hexcel to earn "$2.40," period. Management similarly forecast full-year sales between $2.025 billion and $2.125 billion -- so about $2.075 billion at the midpoint, which is also below analyst forecasts.

Granted, these are the same numbers Hexcel was guiding toward before reporting earnings this week. (Hexcel hasn't changed its forecast at all.) Problem is, Hexcel stock currently costs more than 33 times its earnings forecast. Investors were probably hoping the company would raise the forecast a bit, and thus lower its P/E, making the stock a bit cheaper to buy.

That didn't happen, and so now investors are punishing Hexcel stock.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends Hexcel. The Motley Fool has a disclosure policy.

Hexcel (HXL - Free Report) reported $496.4 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 8.8%. EPS of $0.50 for the same period compares to $0.37 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $500.2 million, representing a surprise of -0.76%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $0.48.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Hexcel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Composite Materials: $416.8 million versus $398.41 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.Net Sales- Engineered products: $107.7 million versus the three-analyst average estimate of $101.17 million. The reported number represents a year-over-year change of +14.1%.Net Sales- Commercial Aerospace- Engineered Products: $55.2 million versus $48.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +26.6% change.Net Sales- Commercial Aerospace- Total: $330.3 million versus the two-analyst average estimate of $320.12 million. The reported number represents a year-over-year change of +20.5%.Net Sales- Defense, Space & Other- Total: $166.1 million compared to the $173.21 million average estimate based on two analysts. The reported number represents a change of -8.7% year over year.Net Sales- Defense, Space & Other- Composite Materials: $115.2 million compared to the $134.4 million average estimate based on two analysts. The reported number represents a change of -13.1% year over year.Net Sales- Commercial Aerospace- Composite Materials: $275.1 million compared to the $272.42 million average estimate based on two analysts. The reported number represents a change of +19.3% year over year.Net Sales- Defense, Space & Other- Engineered Products: $50.9 million versus the two-analyst average estimate of $52.83 million. The reported number represents a year-over-year change of +3%.Operating income- Composite Materials: $61.1 million versus the three-analyst average estimate of $60.39 million.Operating income- Corporate & Other: $-19 million versus the three-analyst average estimate of $-15.5 million.Operating income- Engineered Products: $12.7 million versus the three-analyst average estimate of $13.29 million.View all Key Company Metrics for Hexcel here>>>

Shares of Hexcel have returned +6.2% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.18 per share on the common stock of Hexcel, payable to stockholders of record as of November 2, 2026, with a payment date of November 9, 2026. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We provide innovative, high-performance material solutions that are lighter, stronger,.

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Stock to Watch: Hexcel (HXL - Free Report) Delaware-based Hexcel Corporation develops, manufactures and distributes lightweight, high-performance structural materials for use in the Commercial Aerospace, Space & Defense and Industrial markets. Hexcel Corporation, founded in 1946, was incorporated in California in 1948, and reincorporated in Delaware in 1983. The company's products are used in a wide variety of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive and other complex industrial applications. The company serves international markets through manufacturing facilities located in the United States, Asia Pacific, Europe, Russia and Africa.

HXL is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Aerospace stock. HXL has a Momentum Style Score of A, and shares are up 2.1% over the past four weeks.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $2.36 per share. HXL boasts an average earnings surprise of +14.9%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, HXL should be on investors' short list.

The market expects Hexcel (HXL - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 21. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis maker of lightweight composite materials is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +29.7%.

Revenues are expected to be $502.33 million, up 10.1% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Hexcel?For Hexcel, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.79%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Hexcel will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Hexcel would post earnings of $0.56 per share when it actually produced earnings of $0.66, delivering a surprise of +17.86%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Hexcel doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its third quarter of 2026 on Wednesday, October 21 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Thursday, October 22 at 9:30 a.m. ET. The call will be hosted by Chairman, CEO and President Tom Gentile and Chief Financial Officer Jamie Coogan. The event will be webcast via the Investor Relations.

Bank of America Corp DE bought a new stake in Hexcel Corporation (NYSE:HXL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,168,182 shares of the aerospace company’s stock, valued at approximately $216,948,000. Bank of America Corp DE owned approximately 2.87% of Hexcel as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. Jupiter Topco LLC acquired a new position in Hexcel during the 2nd quarter worth $3,480,000. Hsbc Holdings PLC acquired a new position in shares of Hexcel in the 2nd quarter valued at $318,000. Castleark Management LLC bought a new position in shares of Hexcel in the 2nd quarter worth $10,611,000. Legal & General Group Plc acquired a new stake in shares of Hexcel during the second quarter worth $10,625,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Hexcel in the second quarter valued at about $39,649,000. 95.47% of the stock is owned by institutional investors.

Insider Activity In other news, insider Gina Fitzsimons sold 9,675 shares of the 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 completion of the transaction, the insider directly owned 7,712 shares in the company, valued at $795,415.68. This represents a 55.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Gail Lehman sold 13,829 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total value of $1,273,650.90. Following the completion of the transaction, the insider owned 20,148 shares of the company’s stock, valued at $1,855,630.80. The trade was a 40.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.84% of the company’s stock.

Wall Street Analyst Weigh In Several equities analysts have recently issued reports on HXL shares. Guggenheim initiated coverage on Hexcel in a research report on Monday. They set a “buy” rating and a $120.00 target price for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 price target on shares of Hexcel in a research report on Tuesday, August 4th. Royal Bank Of Canada boosted their price objective on shares of Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, July 31st. TD Cowen upped their target price on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, The Goldman Sachs Group increased their target price on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $108.25. Read Our Latest Stock Report on HXL

Hexcel Stock Performance Shares of Hexcel stock opened at $91.11 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 45.78, a price-to-earnings-growth ratio of 1.31 and a beta of 1.05. The stock’s 50-day moving average is $99.15 and its 200-day moving average is $92.81. Hexcel Corporation has a one year low of $60.26 and a one year high of $111.74.

Hexcel (NYSE:HXL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (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 business had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. During the same period last year, the company earned $0.50 earnings per share. Hexcel’s quarterly revenue was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts predict that Hexcel Corporation will post 2.36 earnings per share for the current fiscal year.

Hexcel Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s payout ratio is presently 36.18%.

About Hexcel (Free Report)

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.

The company’s portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.

Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.

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Hexcel Corporation (HXL) Jefferies Global Industrials Conference 2026 September 9, 2026 1:30 PM EDT

Company Participants

Thomas Gentile - CEO, President & Chairman

Conference Call Participants

Kyle Wenclawiak - Jefferies LLC, Research Division

Presentation

Kyle Wenclawiak
Jefferies LLC, Research Division

All right. Good afternoon, everyone. My name is Kyle Wenclawiak. I work on the U.S. aerospace, defense and airlines equity research team with Sheila.

We're very happy to have Tom Gentile here of Hexcel Corporation, who served in the President and CEO role since May 2024 and as Chairman of the Board since December 2024. Prior to that, of course, spent time at Spirit AeroSystems as CEO. And prior to that, a series of President, CEO, COO roles across the GE enterprise, including Capital, Healthcare and Aviation Services.

He also holds a number of Board seats and is very involved in the community across the U.S. Chamber of Commerce, RPM International, the Board of Governors for the Wings Club and a number of other community actions, including the Smithsonian National Air and Space Museum, the Wichita State University's Business School Board, as well as the Aerospace Industries Association.

Question-and-Answer Session

Kyle Wenclawiak
Jefferies LLC, Research Division

So with that, Tom, I think a good starting point is, obviously, the first half of the year has been quite strong. You have several of the aerospace programs at pretty close to peak rates that were achieved back in 2019. Margins have made a ton of headway over the past, call it, 1.5 years. So maybe when you think over the back half of this year and into 2027, where you're spending most of your time, where you're most excited about? And what are kind of the upside drivers as you think about the kind of forward years?

Thomas Gentile
CEO, President & Chairman

Key Takeaways Hexcel expanded long-term supply agreements with Boeing across commercial, defense and space programs.New Boeing deals cover composite materials and engineered core requirements for engine applications.Hexcel will supply advanced composites for Deutsche Aircraft's D328eco under a long-term partnership. Hexcel Corporation (HXL - Free Report) is strengthening its long-term growth prospects through new and extended supply agreements with leading aerospace companies. As aircraft production rates rise and the aerospace industry increasingly adopts lightweight and advanced composite materials, such long-term agreements are expected to provide Hexcel with better revenue visibility and support sustained demand for its products.

In July 2026, Hexcel announced a series of new and extended long-term agreements with Boeing, reinforcing the companies’ collaboration across commercial, defense and space programs.

The agreements include a broad enterprise-level framework for the supply of composite materials, as well as a contract extension to support Boeing's advanced acoustic engineered core requirements for engine applications. These deals should enable Hexcel to support Boeing's current production priorities while strengthening its presence across critical aerospace systems.

Earlier, in June 2026, Hexcel signed a long-term industrial partnership and supply agreement with Deutsche Aircraft to provide advanced composite solutions for the D328eco, a next-generation regional turboprop aircraft.

Under the agreement, Hexcel will collaborate with Deutsche Aircraft to integrate advanced composites into the aircraft's airframe. These materials are designed to meet stringent mechanical, weight and environmental requirements, supporting the D328eco's performance and sustainability objectives.

Overall, these long-term agreements highlight strong demand for Hexcel's advanced composite solutions and strengthen its position in the aerospace supply chain. With rising aircraft production and growing demand for lightweight materials, such agreements should provide greater visibility into Hexcel's future revenue opportunities and support its long-term growth.

Other Companies Benefiting From Long-Term AgreementsApart from Hexcel, other aerospace companies are also benefiting from long-term agreements that provide greater revenue visibility and strengthen customer relationships. These companies are discussed below:

Howmet Aerospace Inc. (HWM - Free Report) secures long-term agreements with major aerospace customers to supply engineered components for aircraft engines and other critical systems. Its long-term customer relationships support steady demand and provide visibility into future growth.

TransDigm Group Incorporated (TDG - Free Report) also benefits from long-term relationships with aircraft manufacturers and defense customers. Its broad portfolio of highly engineered aerospace components helps generate recurring demand across commercial and military aircraft programs.

The Zacks Rundown for HXLShares of HXL have surged 48% in the past year compared with the industry’s 3% growth.

Image Source: Zacks Investment Research

The company shares are trading at a discount on a relative basis, with its forward 12-month Price/Sales being 3.09X compared with its industry’s average of 8.08X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for HXL’s 2026 and 2027 earnings has moved north over the past 60 days.

Image Source: Zacks Investment Research

HXL stock currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

BlackRock Inc. bought a new stake in Hexcel Corporation (NYSE:HXL – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 14,218,892 shares of the aerospace company’s stock, valued at approximately $1,422,742,000. BlackRock Inc. owned about 18.80% of Hexcel at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of HXL. Alliancebernstein L.P. grew its holdings in Hexcel by 1,918.9% in the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock valued at $123,050,000 after buying an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in Hexcel in the 3rd quarter worth $123,233,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Hexcel by 18.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after purchasing an additional 790,320 shares during the period. Jennison Associates LLC raised its position in shares of Hexcel by 87.5% during the fourth quarter. Jennison Associates LLC now owns 1,335,002 shares of the aerospace company’s stock valued at $98,657,000 after buying an additional 623,032 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of Hexcel by 122.3% in the third quarter. UBS Group AG now owns 955,995 shares of the aerospace company’s stock valued at $59,941,000 after buying an additional 525,900 shares during the period. Institutional investors own 95.47% of the company’s stock.

Key Stories Impacting Hexcel Here are the key news stories impacting Hexcel this week:

Positive Sentiment: Long-term earnings outlook improved: Zacks Research raised its FY2028 EPS estimate to $4.02 from $3.88 and lifted its FY2026 forecast to $2.34 from $2.23. Analysts also increased estimates for Q2 2027 and Q1/Q2 2028, suggesting expectations for stronger aerospace demand and earnings growth over time. Hexcel analyst estimates Neutral Sentiment: Overall earnings expectations remain broadly intact: Zacks projects FY2027 EPS of $2.99 and the current-year consensus remains $2.36, indicating that the revisions have not materially changed the broader earnings narrative. However, the stock’s elevated valuation—approximately 47 times earnings based on the provided background—leaves less room for disappointing updates. Negative Sentiment: Several near-term estimates were reduced: Zacks cut its Q4 2026 EPS forecast to $0.62 from $0.64, Q1 2027 to $0.61 from $0.62, Q3 2027 to $0.71 from $0.72, and FY2027 to $2.99 from $3.02. Q4 2027 was also lowered to $0.94 from $0.96. These reductions may signal caution about the pace of near-term recovery or execution. Neutral Sentiment: Aerospace-sector context: A separate report compares Woodward’s second-quarter results with other aerospace companies, including Hexcel, but the supplied headline does not provide specific Hexcel operating or earnings information. Q2 earnings highlights: Woodward versus aerospace stocks Insider Transactions at Hexcel In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the sale, the insider directly owned 7,712 shares in the company, valued at $795,415.68. This represents a 55.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.84% of the company’s stock. Hexcel Stock Down 3.7% Shares of NYSE:HXL opened at $94.18 on Friday. Hexcel Corporation has a 52 week low of $60.26 and a 52 week high of $111.74. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. The company has a market capitalization of $7.12 billion, a PE ratio of 47.33, a PEG ratio of 1.40 and a beta of 1.06. The company has a 50 day moving average price of $101.43 and a two-hundred day moving average price of $92.22.

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

Hexcel Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Hexcel’s payout ratio is presently 36.18%.

Analyst Ratings Changes HXL has been the topic of several recent research reports. Wolfe Research lowered Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday, July 31st. BMO Capital Markets increased their target price on shares of Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a research report on Friday, April 24th. Jefferies Financial Group reaffirmed a “hold” rating and set a $110.00 price target on shares of Hexcel in a report on Sunday, August 2nd. The Goldman Sachs Group upped their price target on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada increased their price objective on shares of Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $107.18.

View Our Latest Analysis on Hexcel

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.

Further Reading Five stocks we like better than Hexcel 3 Energy Stocks Raising Dividends as the Sector Surges 5 Reasons the S&P 500 Could Keep Rallying Through Year-End Walmart’s Post-Earnings Drop Could Be a Buying Opportunity The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future

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Hexcel Corporation delivered Q2 2026 non-GAAP EPS of $0.66, beating estimates by $0.08, with revenue up 8% year-over-year to $529.3M. Demand recovery in the Commercial Aerospace portion of the business led to revenue growth of almost 20%. Hexcel is hiring more employees and ramping up production at a previously idle facility, which could lead to margin pressures during H2 of 2026.

Hexcel Corporation (HXL) Q2 2026 Earnings Call July 30, 2026 9:30 AM EDT

Company Participants

Kurt Goddard - Vice President of Investor Relations
Thomas Gentile - CEO, President & Chairman
James Coogan - Executive VP & CFO

Conference Call Participants

Gavin Parsons - UBS Investment Bank, Research Division
Kenneth Herbert - RBC Capital Markets, Research Division
Sheila Kahyaoglu - Jefferies LLC, Research Division
Joshua Korn - Wells Fargo Securities, LLC, Research Division
Richard Safran - Seaport Research Partners
Myles Walton - Wolfe Research, LLC
Scott Mikus - Melius Research LLC
Kristine Liwag - Morgan Stanley, Research Division
Mariana Perez Mora - BofA Securities, Research Division
Anton Rinnert - TD Cowen, Research Division

Presentation

Operator

Thank you for standing by, and welcome to Hexcel's Second Quarter 2026 Earnings Call. [Operator Instructions] I would now like to turn the call over to Kurt Goddard, Vice President, Investor Relations. Sir, please go ahead.

Kurt Goddard
Vice President of Investor Relations

Hello, everyone. Welcome to Hexcel Corporation's Second Quarter Earnings Conference Call. Before beginning, let me cover the formality. I would like to remind everyone about the safe harbor provisions related to any forward-looking statements we may make during the course of this call. Certain statements contained in this call may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. They involve estimates, assumptions, judgments and uncertainties caused by a variety of factors that could cause future results or outcomes to differ materially from our forward-looking statements today.

Such factors are detailed in the company's SEC filings and earnings release. A replay of this call will be available on the Investor Relations page of our website.

Lastly, this call is being recorded by Hexcel Corporation and is copyrighted material. It cannot be recorded or rebroadcast without our express permission. Your participation on this call constitutes your consent to that request.

Hexcel (HXL - Free Report) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.5 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +17.86%. A quarter ago, it was expected that this maker of lightweight composite materials would post earnings of $0.42 per share when it actually produced earnings of $0.59, delivering a surprise of +40.48%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Hexcel, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $529.3 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $489.9 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Hexcel shares have added about 48.9% since the beginning of the year versus the S&P 500's gain of 8.5%.

What's Next for Hexcel?While Hexcel has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Hexcel was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.47 on $505.71 million in revenues for the coming quarter and $2.26 on $2.08 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Curtiss-Wright (CW - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.

This engineering firm is expected to post quarterly earnings of $3.62 per share in its upcoming report, which represents a year-over-year change of +12.1%. The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level.

Curtiss-Wright's revenues are expected to be $930.6 million, up 6.2% from the year-ago quarter.

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL): Q2 2026 GAAP diluted EPS of $0.64 compared to Q2 2025 GAAP diluted EPS of $0.17. Q2 2026 adjusted diluted EPS of $0.66, compared to Q2 2025 adjusted diluted EPS of $0.50. Q2 2026 Sales were $529 million, an increase of 8.0% over Q2 2025 sales of $490 million (8.1% increase in constant currency). FY 2026 sales guidance increased to $2.025 billion to $2.125 billion, previously $2.0 billion to $2.1 billion. Adjusted EPS increased to.

Key Takeaways Hexcel's Q2 earnings estimate of 56 cents per share implies year-over-year growth of 12%.Higher Airbus, Boeing, business jet and defense demand may have supported Hexcel's results.Increased R&D spending and restructuring costs likely pressured Hexcel's bottom-line performance. Hexcel Corporation (HXL - Free Report) is scheduled to release second-quarter 2026 results on July 29, after market close. The company delivered an earnings surprise of 40.48% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors That Might Have Impacted HXL's Q2 EarningsHexcel’s second-quarter 2026 earnings are likely to have benefited from improving commercial aerospace demand, driven by higher production rates across major Airbus and Boeing programs. Higher demand from business and regional jets, along with steady demand across defense programs, is also expected to have contributed to the company’s quarterly performance.

HXL’s earnings are anticipated to have gained from improving operating leverage, aided by higher production volumes and better capacity utilization. A robust commercial aircraft backlog, coupled with growing adoption of lightweight composite materials, is likely to have further supported quarterly performance.

However, higher operating expenses, primarily due to increased research and development spending and restructuring-related costs, are likely to have weighed on the company's bottom-line performance.

Q2 Expectations for HXLThe Zacks Consensus Estimate for earnings is pegged at 56 cents per share, which indicates year-over-year growth of 12%.

The Zacks Consensus Estimate for revenues is pinned at $521.7 million, which suggests a year-over-year rise of 6.5%.

What Our Quantitative Model Predicts for HXLOur proven model predicts an earnings beat for Hexcel this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Other Stocks to ConsiderInvestors may consider the following players from the same industry, as these also have the right combination of elements to post an earnings beat this reporting cycle.

Woodward, Inc. (WWD - Free Report) is expected to report its fiscal third-quarter 2026 earnings on July 29, after market close. It has an Earnings ESP of +5.10% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for WWD’s earnings is pegged at $2.39 per share, indicating year-over-year growth of 35.8%. The consensus estimate for its sales stands at $1.11 billion, calling for a year-over-year increase of 21.7%.

Curtiss-Wright Corporation (CW - Free Report) is set to report second-quarter 2026 earnings on Aug. 5, after market close. It has an Earnings ESP of +0.36% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for CW’s earnings is pegged at $3.62 per share, suggesting a year-over-year rise of 12.1%. The consensus estimate for its sales stands at $930.6 million, implying a year-over-year increase of 6.2%.

ATI Inc. (ATI - Free Report) is expected to report its second-quarter 2026 earnings on Aug. 6, before market open. It has an Earnings ESP of +1.32% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for ATI’s earnings is pegged at $1.03 per share, suggesting year-over-year growth of 39.2%. The consensus estimate for its sales stands at $1.22 billion, calling for a year-over-year jump of 7%.

FARNBOROUGH, England--(BUSINESS WIRE)--Hexcel Corp. (NYSE: HXL), a global leader in advanced composites, has completed qualification of its HexPly® M91 carbon fiber-reinforced epoxy prepreg system through the National Center for Advanced Materials Performance (NCAMP), an initiative of the National Institute for Aviation Research (NIAR) at Wichita State University.The qualification includes both unidirectional tape and plain weave fabric forms, establishing a fully characterized material system f.

FARNBOROUGH, England--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL), a global leader in advanced lightweight composites technology, announced a series of new and extended long-term agreements with The Boeing Company, reinforcing the companies' collaboration across commercial, defense and space programs. “These agreements reflect the strength of our partnership with Boeing and our shared commitment to advancing composite technology in aerospace applications,” said Lyndon Smith, President, Amer.

Hexcel Corporation (NYSE: HXL), a global leader in advanced lightweight composites technology, today announced its participation in the upcoming [url="]Farnbor

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STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its second quarter of 2026 on Wednesday, July 29 after the market close.

The company will host a webcast and conference call to discuss highlights of its financial results on Thursday, July 30 at 9:30 a.m. ET. The call will be hosted by Chairman, CEO and President Tom Gentile and Chief Financial Officer Jamie Coogan.

The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after the conclusion of the call.

About Hexcel

Hexcel Corporation is a global leader in advanced lightweight composites technology. We provide innovative, high-performance material solutions that are lighter, stronger and tougher, shaping a world that moves farther, smarter and more efficiently. Our broad and unrivaled product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core, and composite structures for use in commercial aerospace, defense and space, and industrial applications.

More News From Hexcel Corporation

Back to Newsroom

Posted by Defense World Staff on Apr 13th, 2026

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.

Check Out Our Latest Stock Report on HXL

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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STAMFORD, Conn.--(BUSINESS WIRE)--Embraer awarded Hexcel Corporation (NYSE: HXL), a global leader in advanced composite materials, with the Embraer Best Suppliers Award in the Standards & Materials Category for the second consecutive year, recognizing the company's outstanding performance across quality, delivery, collaboration, and operational excellence. “This recognition is a testament to the dedication of our global teams and the strength of our long‑standing partnership with Embraer,”.

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.18 per share on the common stock of Hexcel, payable to stockholders of record as of May 4, 2026, with a payment date of May 11, 2026. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We provide innovative, high-performance material solutions that are lighter, stronger and tough.

Hexcel (HXL - Free Report) reported $501.5 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 9.9%. EPS of $0.59 for the same period compares to $0.37 a year ago.

The reported revenue represents a surprise of +2.98% over the Zacks Consensus Estimate of $486.97 million. With the consensus EPS estimate being $0.42, the EPS surprise was +40.61%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Hexcel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Composite Materials: $427.2 million versus the two-analyst average estimate of $389.62 million. The reported number represents a year-over-year change of +10.9%.Net Sales- Engineered products: $104.3 million versus $98.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14% change.Net Sales- Defense, Space & Other- Engineered Products: $51.2 million versus $56.21 million estimated by two analysts on average.Net Sales- Commercial Aerospace- Engineered Products: $51.5 million versus the two-analyst average estimate of $42.58 million. The reported number represents a year-over-year change of +34.5%.Net Sales- Defense, Space & Other- Composite Materials: $117.6 million versus the two-analyst average estimate of $130.15 million.Net Sales- Commercial Aerospace- Composite Materials: $281.2 million compared to the $259.47 million average estimate based on two analysts. The reported number represents a change of +16.3% year over year.Operating income- Composite Materials: $69.7 million versus the two-analyst average estimate of $65.92 million.Operating income- Corporate & Other: $-27.3 million versus the two-analyst average estimate of $-17.86 million.Operating income- Engineered Products: $15.2 million versus the two-analyst average estimate of $6.16 million.View all Key Company Metrics for Hexcel here>>>

Shares of Hexcel have returned +7.7% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.