Axalta Coating Systems Ltd. $AXTA Stock: Leeward Investments LLC MA Trims Stake

Leeward Investments LLC MA lowered its stake in Axalta Coating Systems Ltd. (NYSE:AXTA) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 683,289 shares of the specialty chemicals company’s stock after selling 28,119 shares during the quarter. Axalta Coating Systems comprises approximately 1.1% of Leeward Investments LLC MA’s holdings, making the stock its 24th largest holding. Leeward Investments LLC MA owned 0.32% of Axalta Coating Systems worth $21,975,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Inspire Investing LLC grew its position in shares of Axalta Coating Systems by 144.6% during the third quarter. Inspire Investing LLC now owns 31,467 shares of the specialty chemicals company’s stock valued at $1,012,000 after purchasing an additional 18,600 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Axalta Coating Systems in the third quarter worth about $33,000. Quadrant Capital Group LLC lifted its position in shares of Axalta Coating Systems by 10.3% in the third quarter. Quadrant Capital Group LLC now owns 11,219 shares of the specialty chemicals company’s stock worth $376,000 after buying an additional 1,050 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Axalta Coating Systems by 192.2% during the third quarter. State of Alaska Department of Revenue now owns 61,275 shares of the specialty chemicals company’s stock valued at $1,970,000 after buying an additional 40,305 shares during the last quarter. Finally, Formuepleje A S boosted its stake in Axalta Coating Systems by 0.5% during the third quarter. Formuepleje A S now owns 60,905 shares of the specialty chemicals company’s stock valued at $1,959,000 after buying an additional 321 shares during the last quarter. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Price Performance

Axalta Coating Systems stock opened at $34.16 on Monday. The firm has a 50-day moving average price of $34.16 and a 200-day moving average price of $32.73. The firm has a market capitalization of $7.31 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.85 and a beta of 1.26. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 0.99. Axalta Coating Systems Ltd. has a 12-month low of $24.94 and a 12-month high of $38.61.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 EPS. 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. As a group, equities research analysts forecast that Axalta Coating Systems Ltd. will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AXTA. Barclays initiated coverage on Axalta Coating Systems in a report on Monday, October 12th. They set an “overweight” rating and a $45.00 price target for the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $38.00 price objective on shares of Axalta Coating Systems in a report on Friday, October 9th. UBS Group lowered their target price on Axalta Coating Systems from $39.00 to $36.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Mizuho raised their target price on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Axalta Coating Systems in a report on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Axalta Coating Systems currently has a consensus rating of “Hold” and a consensus price target of $38.18.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. (NYSE: AXTA) develops, manufactures and sells coatings and coating technologies designed to protect, enhance and improve the appearance of vehicles, equipment and industrial products. Its offerings include liquid, powder and electrocoat products, along with related color-management tools, application technologies and technical services.

The company serves several markets, including automotive original equipment manufacturers, automotive refinish businesses, commercial transportation, industrial equipment, architecture and general manufacturing.