T. Rowe Price (HXL) discloses 6.4% ownership in Hexcel common stock

Rhea-AI Filing Summary

T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 5,104,153 shares of Hexcel Corp common stock, representing 6.4% of the class as of December 31, 2025. The firm has sole voting power over 5,086,482 shares and sole dispositive power over 5,104,121 shares, with no shared voting or dispositive power. It states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Hexcel, and it expressly denies beneficial ownership of the securities.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

HEXCEL CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

428291108

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 428291108

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,086,482.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,104,121.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,104,153.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HEXCEL CORP
(b)	Address of issuer's principal executive offices: TWO STAMFORD PLAZA, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD, CT, 06901
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 428291108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5104153
(b)	Percent of class: 6.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5086482
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 5104121
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	02/17/2026

FAQ

What does Hexcel (HXL) Schedule 13G/A from T. Rowe Price report?

The filing reports that T. Rowe Price Associates, Inc. beneficially owns 5,104,153 Hexcel common shares, representing 6.4% of the class. The position reflects ownership as of December 31, 2025, and is reported on an amended Schedule 13G.

How large is T. Rowe Price’s ownership stake in Hexcel (HXL)?

T. Rowe Price Associates, Inc. reports beneficial ownership of 5,104,153 Hexcel common shares, equal to 6.4% of the outstanding class. This level of ownership requires a Schedule 13G filing as a significant institutional holder under SEC rules.

What voting and dispositive powers does T. Rowe Price have over Hexcel (HXL) shares?

T. Rowe Price Associates, Inc. reports sole voting power over 5,086,482 Hexcel shares and sole dispositive power over 5,104,121 shares. It reports zero shared voting power and zero shared dispositive power over Hexcel common stock in this Schedule 13G/A.

Does T. Rowe Price intend to influence control of Hexcel (HXL)?

The filing states the Hexcel securities were acquired and are held in the ordinary course of business and not to change or influence control of the issuer. It also notes they are not held in connection with any transaction having that control-related purpose or effect.

On what date is T. Rowe Price’s Hexcel (HXL) ownership measured?

The ownership information in this Schedule 13G/A is measured as of December 31, 2025, which is listed as the date of the event requiring the filing. The percentage and share figures relate to Hexcel common stock outstanding on that date.

How does T. Rowe Price characterize its beneficial ownership of Hexcel (HXL)?

T. Rowe Price Associates, Inc. reports beneficial ownership for Schedule 13G purposes but expressly denies being the beneficial owner of the Hexcel securities. It emphasizes that the holdings are maintained in the ordinary course of business as an investment adviser.