Axalta Coating Systems Ltd. $AXTA Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its stake in Axalta Coating Systems Ltd. (NYSE:AXTA) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 319,386 shares of the specialty chemicals company’s stock after purchasing an additional 51,187 shares during the quarter. Natixis Advisors LLC’s holdings in Axalta Coating Systems were worth $10,319,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AXTA. Millennium Management LLC boosted its holdings in shares of Axalta Coating Systems by 475.3% in the 3rd quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock valued at $224,327,000 after purchasing an additional 6,475,786 shares during the last quarter. UBS Group AG boosted its holdings in shares of Axalta Coating Systems by 207.4% in the 4th quarter. UBS Group AG now owns 2,902,507 shares of the specialty chemicals company’s stock valued at $93,780,000 after purchasing an additional 1,958,395 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Axalta Coating Systems by 12.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,641,269 shares of the specialty chemicals company’s stock valued at $447,653,000 after purchasing an additional 1,773,038 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Axalta Coating Systems by 301.6% in the 2nd quarter. AQR Capital Management LLC now owns 2,319,863 shares of the specialty chemicals company’s stock valued at $68,877,000 after purchasing an additional 1,742,203 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in shares of Axalta Coating Systems by 817.7% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,464,564 shares of the specialty chemicals company’s stock valued at $41,916,000 after purchasing an additional 1,304,973 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Citigroup assumed coverage on shares of Axalta Coating Systems in a report on Thursday. They issued a “buy” rating and a $44.00 price target on the stock. The Goldman Sachs Group set a $36.00 target price on shares of Axalta Coating Systems in a research note on Friday, May 1st. KeyCorp reissued a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Mizuho cut their target price on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Finally, Royal Bank Of Canada cut their target price on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $34.31.

Axalta Coating Systems Stock Performance

Shares of AXTA stock opened at $32.20 on Friday. The company’s fifty day simple moving average is $28.73 and its 200-day simple moving average is $30.55. Axalta Coating Systems Ltd. has a 52 week low of $24.94 and a 52 week high of $35.72. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27. The company has a market cap of $6.89 billion, a PE ratio of 18.83, a P/E/G ratio of 1.68 and a beta of 1.25.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. As a group, equities research analysts anticipate that Axalta Coating Systems Ltd. will post 2.58 EPS for the current year.

Axalta Coating Systems Profile

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company’s product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.