Leeward Investments LLC MA Has $24.51 Million Stock Holdings in Axalta Coating Systems Ltd. $AXTA

Leeward Investments LLC MA lifted its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 74.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 758,718 shares of the specialty chemicals company’s stock after purchasing an additional 323,314 shares during the period. Axalta Coating Systems accounts for 1.2% of Leeward Investments LLC MA’s portfolio, making the stock its 13th largest holding. Leeward Investments LLC MA owned 0.36% of Axalta Coating Systems worth $24,514,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AXTA. Allworth Financial LP grew its stake in Axalta Coating Systems by 31.9% in the 4th quarter. Allworth Financial LP now owns 3,173 shares of the specialty chemicals company’s stock valued at $103,000 after buying an additional 768 shares during the last quarter. Summit Wealth Group LLC Co. acquired a new position in Axalta Coating Systems in the 4th quarter valued at about $279,000. Sequoia Financial Advisors LLC grew its stake in Axalta Coating Systems by 14.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 13,472 shares of the specialty chemicals company’s stock valued at $435,000 after buying an additional 1,685 shares during the last quarter. Advisors Preferred LLC acquired a new position in Axalta Coating Systems in the 4th quarter valued at about $2,756,000. Finally, State of New Jersey Common Pension Fund D grew its stake in Axalta Coating Systems by 11.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 77,031 shares of the specialty chemicals company’s stock valued at $2,489,000 after buying an additional 7,903 shares during the last quarter. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AXTA. UBS Group upped their price target on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Wells Fargo & Company lowered shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $39.00 to $30.00 in a research note on Friday, April 10th. Finally, Royal Bank Of Canada decreased their price target 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $34.15.

Axalta Coating Systems Stock Performance

Shares of NYSE:AXTA opened at $28.19 on Friday. The company’s 50 day moving average price is $28.20 and its two-hundred day moving average price is $30.45. Axalta Coating Systems Ltd. has a 12-month low of $24.94 and a 12-month high of $35.72. The firm has a market cap of $6.03 billion, a PE ratio of 16.49, a PEG ratio of 1.46 and a beta of 1.24. The company has a quick ratio of 1.53, a current ratio of 2.10 and a debt-to-equity ratio of 1.27.

Axalta Coating Systems (NYSE:AXTA) last announced its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.21 billion. During the same quarter in the prior year, the business posted $0.59 EPS. The business’s revenue was down .6% compared to the same quarter last year. 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. Equities research analysts predict that Axalta Coating Systems Ltd. will post 2.58 earnings per share 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.