OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Position in Axalta Coating Systems Ltd. $AXTA

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 64.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 140,600 shares of the specialty chemicals company’s stock after acquiring an additional 55,350 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Axalta Coating Systems were worth $4,543,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Artisan Partners Limited Partnership increased its stake in Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after purchasing an additional 11,301,977 shares during the last quarter. Millennium Management LLC grew its holdings in 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 buying an additional 6,475,786 shares during the period. Channing Capital Management LLC increased its stake in shares of Axalta Coating Systems by 672.6% during the 4th quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock valued at $98,157,000 after acquiring an additional 2,644,783 shares during the last quarter. Empyrean Capital Partners LP acquired a new position in shares of Axalta Coating Systems during the 4th quarter valued at about $66,236,000. Finally, UBS Group AG lifted its holdings in shares of Axalta Coating Systems by 207.4% during the 4th quarter. UBS Group AG now owns 2,902,507 shares of the specialty chemicals company’s stock worth $93,780,000 after acquiring an additional 1,958,395 shares during the period. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

Axalta Coating Systems stock opened at $34.85 on Friday. The stock’s 50-day moving average is $29.98 and its 200-day moving average is $30.84. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 20.38, a price-to-earnings-growth ratio of 1.82 and a beta of 1.25. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. Axalta Coating Systems Ltd. has a 12 month low of $24.94 and a 12 month high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $1.21 billion. During the same period in the previous year, the company posted $0.59 EPS. The company’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 analysts anticipate 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. Citigroup started coverage on shares of Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 target price on the stock. The Goldman Sachs Group set a $36.00 price target on shares of Axalta Coating Systems in a research report on Friday, May 1st. Wells Fargo & Company downgraded shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $39.00 to $30.00 in a research note on Friday, April 10th. 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 report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a report on Tuesday. 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 data from MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.