HEXCEL CORP /DE/
In the published model solve dated 2026-Q2, anchored at $94.87, HEXCEL CORP /DE/ (HXL) is priced for today's economics sustained for ~8.5 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Hexcel makes the carbon-fiber and composite materials that go into aircraft wings and fuselages, and roughly 61% of its 2025 sales came from commercial aerospace, which ties its fortunes directly to Boeing and Airbus build rates [Source: Hexcel FY2025 10-K, accession 0001193125-26-046377]. • The defining risk is operating leverage cutting both ways: trailing operating margin is only 9.5% and net debt sits at about five times operating income, so the recovery is real but the balance sheet leave
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453 institutional managers reported holding HXL in 13F filings for the quarter ended 2026-03-31. 73 opened new positions that quarter. Held by BlackRock, Vanguard Group, T. Rowe Price, among others. On the short side, 4.7M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (6.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
HXL has cut its share count 9.8% over the past five years, spending $736.60M on repurchases. It pays a dividend, and has for 4 years running, raised 3 years straight; the current rate is $70.95 a share annually. Cash returned over the past three years: $138.00M in dividends and $736.60M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at HXL over the trailing three years: 2024: 8 buys totaling $3.21M. 14 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
HXL's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2021-10-19 | -4.4% | -13.4% |
| 2022-02-10 | -6.2% | +2.8% |
| 2022-04-26 | +1.2% | -7.1% |
| 2022-07-26 | +1.4% | -9.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
HXL's latest 8-K filings: 2026-07-29 (items 2.02, 7.01, 8.01, 9.01); 2026-05-28 (items 1.02); 2026-05-15 (items 5.02, 5.07, 8.01, 9.01); 2026-04-30 (items 8.01, 9.01); 2026-04-22 (items 2.02, 7.01, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.