OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 55,350 Shares of Axalta Coating Systems Ltd. $AXTA

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Axalta Coating Systems Ltd. (NYSE:AXTA) by 64.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 owned 0.07% of Axalta Coating Systems worth $4,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Covestor Ltd grew its stake in Axalta Coating Systems by 197.7% during the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 603 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in Axalta Coating Systems during the 4th quarter worth $30,000. Los Angeles Capital Management LLC purchased a new position in Axalta Coating Systems during the 4th quarter worth $35,000. IFP Advisors Inc grew its stake in Axalta Coating Systems by 65.9% during the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock worth $47,000 after buying an additional 577 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in Axalta Coating Systems by 2,174.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,615 shares of the specialty chemicals company’s stock worth $52,000 after buying an additional 1,544 shares during the last quarter. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Stock Up 2.1%

Shares of AXTA opened at $33.79 on Tuesday. 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 company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 1.73 and a beta of 1.25. The stock’s 50-day moving average price is $29.40 and its 200-day moving average price is $30.72.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results 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. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The firm 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 business earned $0.59 earnings per share. 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. On average, sell-side analysts predict that Axalta Coating Systems Ltd. will post 2.58 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Royal Bank Of Canada dropped their target price on 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. Mizuho dropped their target price on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. The Goldman Sachs Group set a $36.00 target price on Axalta Coating Systems in a research note on Friday, May 1st. UBS Group boosted their target price on Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Wells Fargo & Company downgraded Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $39.00 to $30.00 in a research note on Friday, April 10th. Four analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price 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.