Aristotle Capital Boston LLC Decreases Stock Position in Axalta Coating Systems Ltd. $AXTA

Aristotle Capital Boston LLC lessened its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 446,093 shares of the specialty chemicals company’s stock after selling 45,728 shares during the period. Aristotle Capital Boston LLC’s holdings in Axalta Coating Systems were worth $14,413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Verdence Capital Advisors LLC raised its holdings in Axalta Coating Systems by 2.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,166 shares of the specialty chemicals company’s stock valued at $555,000 after buying an additional 330 shares during the period. GAMMA Investing LLC raised its holdings in Axalta Coating Systems by 42.9% during the 4th quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock valued at $54,000 after buying an additional 504 shares during the period. Principal Securities Inc. raised its holdings in Axalta Coating Systems by 7.5% during the 4th quarter. Principal Securities Inc. now owns 7,292 shares of the specialty chemicals company’s stock valued at $236,000 after buying an additional 511 shares during the period. Park Avenue Securities LLC grew its position in Axalta Coating Systems by 2.2% in the 4th quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company’s stock valued at $863,000 after acquiring an additional 576 shares during the last quarter. Finally, IFP Advisors Inc grew its position in Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after acquiring an additional 577 shares during the last quarter. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

Shares of Axalta Coating Systems stock opened at $33.97 on Thursday. Axalta Coating Systems Ltd. has a 52 week low of $24.94 and a 52 week high of $35.72. The company has a quick ratio of 1.53, a current ratio of 2.10 and a debt-to-equity ratio of 1.27. The stock’s fifty day moving average is $29.68 and its two-hundred day moving average is $30.78. The company has a market capitalization of $7.27 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 1.74 and a beta of 1.25.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly 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 return on equity of 22.37% and a net margin of 7.22%.The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company earned $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. As a group, analysts expect that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AXTA has been the topic of several research analyst reports. Wells Fargo & Company downgraded Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $39.00 to $30.00 in a research report on Friday, April 10th. The Goldman Sachs Group set a $36.00 price objective on Axalta Coating Systems in a research report on Friday, May 1st. Mizuho cut their price objective on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Royal Bank Of Canada cut their price objective on Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 5th. Finally, Citigroup initiated coverage on Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $34.31.

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.