SEC Form SC 13G/A filed by Hexcel Corporation (Amendment)

2/14/23 8:49:08 AM ET

Major Chemicals

Industrials

Get the next $HXL alert in real time by email

SC 13G/A 1 hxl13g16th1222.txt HEXCEL CORPORATION - 12/31/2022 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No._16_) Hexcel Corporation ------------------------------------------------------------------------------- (Name of Issuer) Common Stock ------------------------------------------------------------------------------- (Title of Class of Securities) 428291108 ------------------------------ (CUSIP Number) 12/31/2022 ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP NO. 428291108 --------- ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). EARNEST Partners, LLC ------------------------------------------------------------------------------- 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 Delaware ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,589,336 NUMBER OF ----------------------------------------------------------------- SHARES BENEFICIALLY 6 SHARED VOTING POWER 8,681 OWNED BY ----------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER 5,152,535 PERSON WITH ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,152,535 ------------------------------------------------------------------------------- 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) 6.1% ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) ------------------------------------------------------------------------------- IA ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Item 1 (a) Name of Issuer Hexcel Corporation (b) Address of Issuer's Principal Executive Offices Two Stamford Plaza, 281 Tresser Boulevard, 16th Floor, Stamford, Connecticut 06901 Item 2 (a) Name of Person Filing EARNEST Partners, LLC (b) Address of Principal Business Office or, if none, Residence 1180 Peachtree Street NE, Suite 2300, Atlanta, Georgia 30309 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 428291108 Item 3. If this statement is filed pursuant to 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 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 (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 5,152,535 (b) Percent of class: 6.1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 3,589,336 (ii) Shared power to vote or to direct the vote 8,681 (iii) Sole power to dispose or to direct the disposition of 5,152,535 (iv) Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ] Item 6. Ownership of More than Five Percent on Behalf of Another Person. EARNEST Partners, LLC is filing as an investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). No client interest relates to more than five percent of the class. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of a Group Not Applicable Item 10. Certification (a) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b): 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. (b) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. 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. February 13, 2023 ---------------------------------- Date /s/ James M. Wilson ---------------------------------- Signature James M. Wilson Chief Compliance Officer ---------------------------------- Name/Title Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) ACN/Form 13G (C) 2006: Advisor Consultant Network, Inc.

Get the next $HXL alert in real time by email

Recent Analyst Ratings for

$HXL

Date	Price Target	Rating	Analyst
4/1/2026	$95.00	Overweight	Wells Fargo
3/25/2026		Sector Weight	KeyBanc Capital Markets
2/12/2026	$95.00	Underperform → Neutral	BofA Securities
1/30/2026	$90.00	Underweight → Equal-Weight	Morgan Stanley
9/2/2025	$80.00	Neutral → Buy	UBS
4/15/2025	$55.00	Overweight → Equal Weight	Wells Fargo
12/19/2024	$68.00 → $74.00	Sector Perform → Outperform	RBC Capital Mkts
10/10/2024	$65.00	Buy → Hold	Vertical Research

More analyst ratings

SEC Form SC 13G/A filed by Hexcel Corporation (Amendment)

2/14/23 8:49:08 AM ET

$HXL

Major Chemicals

Industrials

Get the next $HXL alert in real time by email

Recent Analyst Ratings for

$HXL

Date	Price Target	Rating	Analyst
4/1/2026	$95.00	Overweight	Wells Fargo
3/25/2026		Sector Weight	KeyBanc Capital Markets
2/12/2026	$95.00	Underperform → Neutral	BofA Securities
1/30/2026	$90.00	Underweight → Equal-Weight	Morgan Stanley
9/2/2025	$80.00	Neutral → Buy	UBS
4/15/2025	$55.00	Overweight → Equal Weight	Wells Fargo
12/19/2024	$68.00 → $74.00	Sector Perform → Outperform	RBC Capital Mkts
10/10/2024	$65.00	Buy → Hold	Vertical Research

More analyst ratings

SEC Form SC 13G/A filed by Hexcel Corporation (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$HXL

SEC Form SC 13G/A filed by Hexcel Corporation (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$HXL

$HXL
Insider Trading

SEC Form 4 filed by Li David H

SEC Form 4 filed by Hubbard Patricia

Officer Fitzsimons Gina covered exercise/tax liability with 4,551 shares and exercised 6,534 shares at a strike of $38.94, increasing direct ownership by 35% to 7,712 units (SEC Form 4)

$HXL
Analyst Ratings

Wells Fargo initiated coverage on Hexcel with a new price target

KeyBanc Capital Markets resumed coverage on Hexcel

Hexcel upgraded by BofA Securities with a new price target

$HXL
SEC Filings

SEC Form DEFA14A filed by Hexcel Corporation

SEC Form DEFA14A filed by Hexcel Corporation

SEC Form DEF 14A filed by Hexcel Corporation

$HXL
Insider Purchases

Suever Catherine A bought $27,332 worth of shares (400 units at $68.33) and converted options into 1,682 shares, increasing direct ownership by 14% to 17,430 units (SEC Form 4)

Gentile Tom bought $993,763 worth of shares (15,000 units at $66.25) (SEC Form 4)

Hachey Guy C bought $322,210 worth of shares (5,000 units at $64.44) (SEC Form 4)

$HXL
Press Releases

Hexcel Named Embraer Best Supplier of the Year for Second Consecutive Year

Hexcel Schedules First Quarter 2026 Earnings Release and Conference Call

Hexcel Names James Coogan as New Chief Financial Officer

$HXL
Financials

Hexcel Schedules First Quarter 2026 Earnings Release and Conference Call

Hexcel Declares Quarterly Dividend

Hexcel Reports 2025 Fourth Quarter and Full Year Results

$HXL
Large Ownership Changes