Hexcel (HXL)

Company Profile

Hexcel Corporation is a leading advanced composites company. It develops, manufactures, and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs, and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defense, and industrial applications.

Company profile

Ticker

HXL

Exchange

NYSE

Website

www.hexcel.com

CEO

Nick Stanage

Incorporated

Delaware

Location

Connecticut

Fiscal year end

Dec 31

Sector

Manufacturing > Plastics Material and Resin Manufacturing

Industry (SIC)

Plastic Materials, Synth Resins & Nonvulcan Elastomers

DuPont de Nemours • Eastman Chemical • Dow • Albemarle • Hexion • Trinseo • Avient • Kraton • AdvanSix • Rogers ...

SEC CIK

0000717605

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

ACM Holdings LLC • ARC Technologies LLC • Hexcel LLC • Hexcel Pottsville Corporation • Hexcel Reinforcements Corp. • Hexcel Asia Pacific Trading Limited • Hexcel Composites GmbH • Hexcel Composites GmbH & Co. KG • Hexcel Composites Limited • Hexcel Composites Pension Trustees Limited ...

IRS number

941109521

HXL stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$68.25

Low target

$59.00

High target

$73.00

Latest filings (excl ownership)

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8 Feb 23

Hexcel Reports 2022 Fourth Quarter and Full Year Results

25 Jan 23

8-K

Regulation FD Disclosure

24 Oct 22

Hexcel Reports 2022 Third Quarter Results

25 Jul 22

Hexcel Reports 2022 Second Quarter Results

25 Jul 22

Conflict minerals disclosure

31 May 22

8-K

Submission of Matters to a Vote of Security Holders

6 May 22

DEFA14A

Additional proxy soliciting materials

29 Apr 22

Transcripts

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HXL

Earnings call transcript

2022 Q4

26 Jan 23

HXL

Earnings call transcript

2022 Q3

25 Oct 22

HXL

Earnings call transcript

2022 Q2

26 Jul 22

HXL

Earnings call transcript

2022 Q1

26 Apr 22

HXL

Earnings call transcript

2021 Q4

27 Jan 22

HXL

Earnings call transcript

2021 Q3

19 Oct 21

HXL

Earnings call transcript

2021 Q2

27 Jul 21

HXL

Earnings call transcript

2021 Q1

20 Apr 21

HXL

Earnings call transcript

2020 Q4

26 Jan 21

HXL

Earnings call transcript

2020 Q3

20 Oct 20

Latest ownership filings

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ALLIANCEBERNSTEIN L.P.

Financial summary

Financial statements Chart HXL financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	112.00 mm	112.00 mm	112.00 mm	112.00 mm	112.00 mm	112.00 mm
Cash burn (monthly)	(no burn)	1.31 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	3.60 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	108.40 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	82.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Hexcel earnings reports.

Institutional ownership, Q4 2022

HXL institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	361	365	-1.1%
Opened positions	45	39	+15.4%
Closed positions	49	47	+4.3%
Increased positions	123	124	-0.8%
Reduced positions	127	133	-4.5%

13F shares	Current	Prev Q	Change
Total value	4.80 tn	4.10 bn	+117021.5%
Total shares	83.35 mm	79.21 mm	+5.2%
Total puts	9.20 k	14.00 k	-34.3%
Total calls	19.60 k	32.20 k	-39.1%
Total put/call ratio	0.5	0.4	+8.0%

Largest owners	Shares	Value	Change
BLK Blackrock	9.06 mm	$533.13 bn	+6.0%
Vanguard	7.72 mm	$454.25 bn	+1.3%
MS Morgan Stanley	6.81 mm	$400.78 bn	+838.6%
Alliancebernstein	6.05 mm	$355.93 bn	-1.8%
Earnest Partners	5.15 mm	$303.23 bn	-0.5%
BAC Bank Of America	4.16 mm	$244.65 bn	-0.2%
Boston Partners	3.86 mm	$227.13 bn	+1.5%
STT State Street	3.32 mm	$195.48 bn	NEW
Victory Capital Management	1.99 mm	$116.99 bn	+4.5%
Wellington Management	1.77 mm	$104.19 bn	-7.6%

Largest transactions	Shares	Bought/sold	Change
MS Morgan Stanley	6.81 mm	+6.08 mm	+838.6%
Atlanta Capital Management Co L L C	0.00	-3.52 mm	EXIT
STT State Street	3.32 mm	+3.32 mm	NEW
Eaton Vance Management	0.00	-2.39 mm	EXIT
Norges Bank	964.12 k	+964.12 k	NEW
Balyasny Asset Management	469.95 k	-583.49 k	-55.4%
BLK Blackrock	9.06 mm	+512.16 k	+6.0%
Millennium Management	65.67 k	-367.20 k	-84.8%
Citadel Advisors	10.45 k	-290.94 k	-96.5%
Walleye Capital	308.32 k	+288.01 k	+1418.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HXL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Feb 23	Marilyn Minus	Common Stock	Sell	Dispose S	No	No	72.94	400	29.18 k	3,272
23 Feb 23	Merlot Thierry	Common Stock	Sell	Dispose S	No	No	72.66	1,000	72.66 k	37,010
22 Feb 23	Merlot Thierry	Common Stock	Sell	Dispose S	No	No	70.91	565	40.06 k	38,010
22 Feb 23	Marilyn Minus	Common Stock	Sell	Dispose S	No	No	71.31	700	49.92 k	3,672
6 Feb 23	Gina Fitzsimons	Common Stock	Payment of exercise	Dispose F	No	No	69.58	100	6.96 k	2,036
6 Feb 23	Gina Fitzsimons	Common Stock	Option exercise	Acquire M	No	No	0	188	0.00	2,136
6 Feb 23	Gina Fitzsimons	RSU Common Stock	Option exercise	Dispose M	No	No	0	188	0.00	0
6 Feb 23	Merlot Thierry	Common Stock	Option exercise	Acquire M	No	No	0	565	0.00	38,575
6 Feb 23	Merlot Thierry	RSU Common Stock	Option exercise	Dispose M	No	No	0	565	0.00	0