Mint Tower Capital Management B.V. Makes New $2.50 Million Investment in Axalta Coating Systems Ltd. $AXTA

Mint Tower Capital Management B.V. purchased a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 77,500 shares of the specialty chemicals company’s stock, valued at approximately $2,504,000.

Several other large investors also recently made changes to their positions in AXTA. Goldman Sachs Group Inc. boosted its stake in shares of Axalta Coating Systems by 4.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,161,682 shares of the specialty chemicals company’s stock worth $38,533,000 after acquiring an additional 51,130 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Axalta Coating Systems by 29.0% during the 1st quarter. Jane Street Group LLC now owns 156,122 shares of the specialty chemicals company’s stock worth $5,179,000 after acquiring an additional 35,092 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Axalta Coating Systems by 8.5% during the 2nd quarter. Invesco Ltd. now owns 406,511 shares of the specialty chemicals company’s stock worth $12,069,000 after acquiring an additional 31,759 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Axalta Coating Systems by 371.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the specialty chemicals company’s stock worth $104,000 after buying an additional 2,758 shares during the period. Finally, First Trust Advisors LP boosted its holdings in shares of Axalta Coating Systems by 22.0% during the 2nd quarter. First Trust Advisors LP now owns 318,122 shares of the specialty chemicals company’s stock worth $9,445,000 after buying an additional 57,440 shares during the period. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Price Performance

Shares of AXTA stock opened at $32.69 on Friday. The stock has a 50 day moving average of $29.15 and a two-hundred day moving average of $30.67. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27. Axalta Coating Systems Ltd. has a 12 month low of $24.94 and a 12 month high of $35.72. The company has a market capitalization of $7.00 billion, a P/E ratio of 19.12, a P/E/G ratio of 1.68 and a beta of 1.25.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm earned $0.59 EPS. 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 analysts expect that Axalta Coating Systems Ltd. will post 2.58 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AXTA. Royal Bank Of Canada decreased their price objective on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. UBS Group upped their price objective on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Mizuho decreased their price objective on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Wells Fargo & Company downgraded shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $39.00 to $30.00 in a report on Friday, April 10th. Finally, The Goldman Sachs Group set a $36.00 target price on Axalta Coating Systems in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Axalta Coating Systems presently has an average rating of “Hold” and a consensus price target of $34.31.

Axalta Coating Systems Company 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.