Hexcel (HXL) declares $0.12 dividend
Hexcel announced on January 25, 2023 that its Board of Directors will regular quarterly dividend $0.12 per share ($0.50 annualized). Shareholders of record on February 9, 2023 will receive payment on February 17, 2023. Previously, the company paid him $0.10 per share.
At its most recent price of $67.75 / share, the stock had a dividend yield of 0.74%. Additionally, the company has a payout ratio of 0.33, indicating that it retains a high percentage of earnings to reinvest in growth opportunities.
The company’s three-year dividend growth rate is -0.26%.
Analyst Price Forecast Suggests 6.75% Decline
Average 1 year as of January 30, 2023 price target $63.18 for Hexcel. Forecasts range from a low of $45.45 to a high of $77.70. The average price target represents a decline of 6.75% from the latest reported closing price of $67.75.
Hexcel’s projected annual revenue is $1,773 million, an increase of 12.38%.Expected year EPS At $1.84, an increase of 23.10%.
there is 754 funds or institutions reporting positions in hexels. This is an increase of 8 owners or 1.07%.
Portfolio average weight of all funds US Only: HXL was 0.2593%, a decrease of 3.6987%. The total number of shares owned by the institution increased by 2.76% to 103,418K shares over the past three months.
What are the major shareholders doing?
alliance bernstein It holds 6,160,587 shares representing a 7.32% ownership interest in the company. In previous filings, the company reported that it owned 3,897,335 of his shares. will increase 36.74%.office gain Portfolio allocation at HXL increased 65.67% last quarter.
serious partner holds 5,176,206 shares representing a 6.15% ownership interest in the company. In previous filings, the company reported that it owned 5,068,832 of his shares. will increase of 2.07%.office gain Portfolio allocation at HXL increased 1.82% last quarter.
bank of america holds 4,165,002 shares representing 4.95% ownership of the company. In previous filings, the company reported that it owned 4,271,490 of his shares. Decrease of 2.56%.office gain Portfolio allocation at HXL was up 1.27% last quarter.
Boston Partners holds 3,799,982 shares representing a 4.51% ownership interest in the company. In previous filings, the company reported he owned 3,301,521 shares. will increase 13.12%.office gain Portfolio allocation in HXL increased 19.14% last quarter.
Atlanta Capital Management Company holds 3,522,352 shares representing a 4.18% ownership interest in the company. In previous filings, the company reported he owned 3,842,817 shares. Decrease 9.10%.office decreased Portfolio allocation at HXL increased 6.30% last quarter.
Hexel background information
(This description is provided by the company.)
Hexcel Corporation is a leading manufacturer of advanced composite materials. Lightweight, high performance structural materials including carbon fiber, specialty reinforcements, prepregs and other fiber reinforced matrix materials, honeycombs, adhesives, engineered cores and composite structures for commercial aerospace, space and defense applications. We develop, manufacture and sell. and industrial applications.
This story was originally Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/hexcel-hxl-declares-$0.12-dividend Hexcel (HXL) declares $0.12 dividend