Police & Firemen s Retirement System of New Jersey Purchases 3,736 Shares of Axalta Coating Systems Ltd. $AXTA

Police & Firemen s Retirement System of New Jersey grew its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 4.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 82,888 shares of the specialty chemicals company’s stock after acquiring an additional 3,736 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Axalta Coating Systems were worth $2,461,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Axalta Coating Systems by 3.2% during the first quarter. JPMorgan Chase & Co. now owns 11,637,025 shares of the specialty chemicals company’s stock valued at $386,000,000 after purchasing an additional 356,143 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in Axalta Coating Systems by 29.8% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 7,250,351 shares of the specialty chemicals company’s stock valued at $240,494,000 after buying an additional 1,663,261 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Axalta Coating Systems by 2.0% in the first quarter. Wellington Management Group LLP now owns 6,730,406 shares of the specialty chemicals company’s stock valued at $223,248,000 after acquiring an additional 132,234 shares during the period. Dimensional Fund Advisors LP increased its holdings in Axalta Coating Systems by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,140,945 shares of the specialty chemicals company’s stock worth $137,344,000 after acquiring an additional 266,907 shares during the period. Finally, Locust Wood Capital Advisers LLC boosted its holdings in Axalta Coating Systems by 15.4% in the 1st quarter. Locust Wood Capital Advisers LLC now owns 3,913,488 shares of the specialty chemicals company’s stock valued at $129,810,000 after purchasing an additional 520,844 shares during the period. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

Shares of AXTA opened at $28.00 on Wednesday. The company has a 50-day simple moving average of $28.74 and a two-hundred day simple moving average of $29.90. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.20 and a quick ratio of 1.59. The firm has a market capitalization of $5.97 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 1.11 and a beta of 1.31. Axalta Coating Systems Ltd. has a one year low of $26.28 and a one year high of $41.65.

Axalta Coating Systems (NYSE:AXTA) last announced its earnings results on Tuesday, October 28th. The specialty chemicals company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.03. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 8.81%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the company earned $0.59 EPS. The business’s revenue was down 2.4% compared to the same quarter last year. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS. FY 2025 guidance at 2.500-2.500 EPS. On average, analysts anticipate that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Mizuho decreased their target price on Axalta Coating Systems from $35.00 to $33.00 and set an “outperform” rating on the stock in a research note on Friday, October 3rd. KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a report on Wednesday, October 29th. Wells Fargo & Company increased their target price on Axalta Coating Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Vertical Research set a $37.00 price target on Axalta Coating Systems and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Evercore ISI reiterated an “in-line” rating and set a $32.00 price objective (down from $47.00) on shares of Axalta Coating Systems in a research report on Thursday, October 2nd. Eleven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.38.

Axalta Coating Systems Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.