Earnest Partners 13F: Cuts Hexcel (HXL) Stake by $23M

Earnest Partners Trims Stake in Hexcel Corporation

Earnest Partners cut back its exposure to Hexcel Corporation HXL on the New York Stock Exchange, reducing its holdings by 4.7% during the period. According to its Form 13F filing with the Securities and Exchange Commission, the institutional investor sold off 230,397 shares of the aerospace supplier. Because 13F filings are backward-looking, the report reflects holdings as of the reporting date and may not represent the investor's current position today.

Reduction in Hexcel Corporation Holdings

The adjustment brought the fund's total down to 4,704,744 shares by the end of the reporting window. That remaining block carried a reported value of roughly $470.8 million based on the filing numbers. The trimming follows a pattern for the firm, which has recently made smaller reductions across several other industrial and specialty holdings.

Hexcel Corporation Stock Performance

Hexcel Corporation shares change hands around $100.06 on Sunday. The company carries a market capitalization of roughly $6.6 billion and a trailing P/E ratio of 43.9, alongside a forward P/E ratio of 27.8. Its shares have moved within a 52-week range spanning from $60.26 to $111.74.

Recent Earnings for Hexcel Corporation

For its recent financial period, Hexcel Corporation reported revenue of $1.98 billion, representing a revenue growth rate of 0.8%. The company posted earnings per share of $1.98, alongside a net margin of 7.8% and a return on equity of 10.8%. Investors can look toward the next earnings update on October 21, 2026, for further operational details.

Dividend Profile

Hexcel Corporation pays an annual dividend of $0.72 per share, translating to a dividend yield of 0.82%. That payout accounts for roughly 35.3% of the company's earnings.

Analysts Set New Price Targets

Wall Street firms continue to adjust their outlooks for the company. On October 15, 2026, RBC Capital maintained an Outperform rating while lowering its price target to $105.00 from $115.00. Seaport Global upgraded the stock to a Buy rating with a $104.00 target on October 12, 2026. TD Cowen maintained a Hold rating and lowered its target to $90.00 on October 9, 2026. Wells Fargo kept an Overweight rating with a $105.00 target on September 30, 2026, while Jefferies maintained a Hold rating with a $98.00 target on September 28, 2026. Guggenheim initiated coverage with a Buy rating and a $120.00 target on September 15, 2026. Goldman Sachs maintained a Neutral rating and raised its target to $97.00 on August 4, 2026. Overall, the company holds a consensus Buy recommendation from 14 analysts, with a mean price target of $110.64.

Inside Hexcel Corporation's Operations

Based in Stamford, Connecticut, Hexcel Corporation develops and manufactures advanced lightweight composite materials for commercial aerospace, space, and industrial applications. The company produces carbon fibers, reinforcements, and engineered structures used in aircraft components and defense systems. Institutional adjustments like the one from Earnest Partners highlight how large managers continuously rebalance their portfolios across the industrial sector.