Axalta Coating Systems (NYSE:AXTA) Updates FY 2026 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.550-2.700 for the period, compared to the consensus earnings per share estimate of 2.590. The company issued revenue guidance of -. Axalta Coating Systems also updated its Q3 2026 guidance to 0.700-0.700 EPS.

Analysts Set New Price Targets

A number of brokerages have recently commented on AXTA. Wall Street Zen raised shares of Axalta Coating Systems to a “buy” rating in a research report on Saturday, July 25th. Wells Fargo & Company cut shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $39.00 to $30.00 in a report on Friday, April 10th. The Goldman Sachs Group set a $36.00 target price on shares of Axalta Coating Systems in a research note on Friday, May 1st. Mizuho boosted their price target on Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Finally, Robert W. Baird upped their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Axalta Coating Systems has an average rating of “Hold” and a consensus price target of $36.00.

Axalta Coating Systems Stock Down 1.7%

Shares of AXTA opened at $34.83 on Thursday. The firm has a market cap of $7.45 billion, a P/E ratio of 21.50, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.53 and a current ratio of 1.53. Axalta Coating Systems has a 52 week low of $24.94 and a 52 week high of $35.98. The firm’s 50-day simple moving average is $32.75 and its 200 day simple moving average is $31.26.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. On average, analysts forecast that Axalta Coating Systems will post 2.61 earnings per share for the current year.

Institutional Trading of Axalta Coating Systems

A number of institutional investors have recently bought and sold shares of AXTA. Channing Capital Management LLC increased its holdings in shares of Axalta Coating Systems by 672.6% during the fourth quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock worth $98,157,000 after purchasing an additional 2,644,783 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Axalta Coating Systems by 36.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,941,250 shares of the specialty chemicals company’s stock valued at $224,282,000 after buying an additional 1,845,353 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in Axalta Coating Systems by 11.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock worth $564,035,000 after buying an additional 1,815,715 shares in the last quarter. AQR Capital Management LLC grew its position in Axalta Coating Systems by 301.6% during the second quarter. AQR Capital Management LLC now owns 2,319,863 shares of the specialty chemicals company’s stock worth $68,877,000 after buying an additional 1,742,203 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC increased its stake in Axalta Coating Systems by 817.7% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,464,564 shares of the specialty chemicals company’s stock worth $41,916,000 after acquiring an additional 1,304,973 shares during the period. Institutional investors own 98.28% of the company’s stock.

About Axalta Coating Systems

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.