AllianceBernstein L.P. Reduces Stake in Hexcel Corp to 4.5%

AllianceBernstein L.P. filed a Schedule 13G/A on May 18, 2026, disclosing a 4.5% ownership stake in Hexcel Corp (HXL). As of the event date on March 31, 2026, the investment adviser reported holding 3,402,409 shares of common stock. This filing represents an amendment to a previous position. Of the total shares held, AllianceBernstein possesses sole voting power over 3,051,939 shares and sole dispositive power over 3,337,187 shares, with shared dispositive power over an additional 65,222 shares. The filing indicates that the securities were acquired in the ordinary course of business for investment purposes on behalf of client discretionary accounts and not for the purpose of influencing or changing control of the issuer. Because the ownership level has fallen below the 5% threshold, the filer indicated that they now own 5% or less of the class of securities. AllianceBernstein is a majority-owned subsidiary of Equitable Holdings, Inc., though it operates and reports its beneficial ownership independently.