Altfest L J 13F: Exits Hexcel (HXL) Stake
Key Points
- Altfest L J sold 14,023 shares of Hexcel Corporation, reducing its stake to zero, valued at about $1.1 million.
- The stock recently traded around $78.90, about equal to its closing price on the filing date.
- Hexcel Corporation has a market cap of approximately $6.0 billion and a P/E ratio of 35.9.
Get Hexcel text alerts
We text you when insiders, Congress, analysts or big funds move on $HXL.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Hexcel Corporation alert may contain errors. Disclosures
Altfest L J sold 14,023 shares of Hexcel Corporation (HXL), exiting its position in a filing on October 27, 2026. This move represents a complete sellout of their holdings in the company, which were valued at about $1.1 million at the time of the sale.
Where Hexcel Corporation Fits in Altfest L J's Portfolio
This sale marked a 100% decrease in Altfest L J's holdings of Hexcel Corporation, which previously accounted for a small portion of their overall investment portfolio valued at around $234.2 million.
Other Institutional Activity in Hexcel Corporation
Alta Capital Management LLC opened a new position in Hexcel Corporation, acquiring 41,530 shares worth about $3.5 million. Meanwhile, Brandes Investment Partners reduced its stake by 271,743 shares, leaving it with 2,234,325 shares valued at approximately $218.3 million. Earnest Partners also trimmed its holdings, selling 119,966 shares to hold 4,584,594 shares valued at about $361.7 million.
Hexcel Corporation Stock Down 0.9%
Hexcel Corporation's stock recently traded around $78.90, which is about equal to its closing price on October 27, 2026. However, it is trading below its 50-day and 200-day moving averages by about 11.7% and 13.0%, respectively. The stock is also 29.4% below its 52-week high of $111.74.
Recent Earnings
Hexcel Corporation reported trailing twelve-month revenue of approximately $2.02 billion, with a net margin of 8.5% and a return on equity of 11.9%. The company is set to announce its next earnings on January 27, 2027.
Dividend
Hexcel Corporation pays an annual dividend of $0.72 per share, which translates to a yield of about 0.9% based on recent trading prices. The dividend payout ratio stands at 32%.
Insider Buying and Selling at Hexcel Corporation
Several insiders sold shares recently, including Officer Amy S. Evans, who sold 1,500 shares on February 27, 2026, for about $139,200, and Officer Gina Fitzsimons, who sold 9,675 shares on August 14, 2026, valued at approximately $997,871.
Analysts Set New Price Targets
On October 15, 2026, RBC Capital maintained its Outperform rating on Hexcel Corporation with a price target of $105, down from $115. Morgan Stanley also maintained an Equal-Weight rating with a target of $97, lowered from $110. UBS continues to rate the stock as Buy with a target of $117, reduced from $123.
About Hexcel Corporation
Hexcel Corporation develops and manufactures advanced lightweight composite materials. The company operates in the aerospace and defense sectors, providing products like carbon fiber and honeycomb structures used in various applications. This recent sellout by Altfest L J could reflect a strategic shift as the company navigates a challenging market environment.
Bottom Line
Investors should keep an eye on Hexcel Corporation's upcoming earnings report on January 27, 2027, as well as further institutional filings to gauge market sentiment. Altfest L J's complete exit from the stock could signal a reevaluation of its potential in the current economic landscape.
Source: Altfest L J's 13F filing on $HXL (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts