Brandes Investment Partners 13F: Cuts Hexcel (HXL) Stake by $27M

Brandes Investment Partners Lowers Hexcel Holdings

Brandes Investment Partners filed a Form 13F with the SEC revealing a reduced stake in Hexcel Corporation NYSE:HXL. The firm cut its position by 271,743 shares during the reporting period, bringing its total down to 2,234,325 shares. Based on the spot price, this remaining stake carries a value of about $218.3 million.

Position Trim Details

The reduction represents a 10.8% decrease from the 2,506,068 shares held previously. Institutional filings like this one look backward at quarter-end holdings and may not reflect current trading activity by the firm.

Hexcel Stock Performance

Hexcel shares trade around $97.71, sitting close to its 50-day moving average of $98.62. The stock has traded between a 52-week low of $60.26 and a 52-week high of $111.74. The company has a forward P/E ratio of 27.8.

Recent Earnings and Dividend

Hexcel posted an EPS of $1.98 on revenue of $1.98 billion over the trailing period, alongside a net margin of 7.8% and a return on equity of 10.8%. The company next reports earnings on October 21, 2026. Hexcel also pays an annual dividend of $0.72 per share, giving it a dividend yield of 0.8% with a payout ratio of 35.3%.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on Hexcel recently. On October 15, 2026, RBC Capital maintains its Outperform rating while lowering its price target to $105.00 from $115.00. On October 12, 2026, Seaport Global upgraded the stock to a Buy rating with a $104.00 price target. TD Cowen maintains a Hold rating with a target cut to $90.00 on October 9, 2026, while Wells Fargo maintains an Overweight rating with a $105.00 target on September 30, 2026. Jefferies maintains a Hold rating with a target of $98.00 on September 28, 2026, and Guggenheim initiated coverage with a Buy rating and a $120.00 target on September 15, 2026. The stock carries a consensus buy recommendation with a mean price target of $110.64 across 14 analysts.

About Hexcel Corporation

Hexcel Corporation develops and manufactures advanced lightweight composite materials for commercial aerospace, space, defense, and industrial uses. Its products include carbon fibers, structural adhesives, and engineered honeycomb structures used in aircraft wings, rotorcraft blades, and engine components.

What to Watch at HXL

Investors will want to monitor upcoming SEC filings from institutional holders and keep an eye on Hexcel's next earnings report in October. As always, 13F reports offer a historical snapshot of fund activity rather than real-time indicators.