Axalta Coating Systems Ltd. $AXTA Shares Bought by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership lifted its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA) by 189.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,273,955 shares of the specialty chemicals company’s stock after purchasing an additional 834,481 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Axalta Coating Systems were worth $36,461,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Westwood Holdings Group Inc. lifted its holdings in Axalta Coating Systems by 22.2% in the second quarter. Westwood Holdings Group Inc. now owns 717,059 shares of the specialty chemicals company’s stock worth $21,289,000 after purchasing an additional 130,347 shares during the period. CWM LLC increased its stake in Axalta Coating Systems by 211.8% during the 3rd quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company’s stock valued at $4,043,000 after buying an additional 95,950 shares during the period. Wedge Capital Management L L P NC raised its position in shares of Axalta Coating Systems by 23.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company’s stock worth $4,769,000 after buying an additional 32,196 shares in the last quarter. Locust Wood Capital Advisers LLC lifted its stake in shares of Axalta Coating Systems by 7.1% in the 3rd quarter. Locust Wood Capital Advisers LLC now owns 3,472,354 shares of the specialty chemicals company’s stock worth $99,379,000 after acquiring an additional 231,498 shares during the period. Finally, Schroder Investment Management Group boosted its holdings in shares of Axalta Coating Systems by 56.0% in the second quarter. Schroder Investment Management Group now owns 645,464 shares of the specialty chemicals company’s stock valued at $19,280,000 after acquiring an additional 231,721 shares in the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AXTA. Robert W. Baird set a $37.00 target price on Axalta Coating Systems in a report on Wednesday, February 11th. Citigroup boosted their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th. UBS Group reaffirmed a “neutral” rating and set a $36.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group boosted their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $36.56.

Axalta Coating Systems Stock Down 0.8%

Shares of Axalta Coating Systems stock opened at $33.35 on Friday. Axalta Coating Systems Ltd. has a 12-month low of $26.28 and a 12-month high of $36.82. The firm has a market capitalization of $7.12 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 1.47 and a beta of 1.29. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. The stock’s fifty day moving average is $33.44 and its 200-day moving average is $30.92.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. Axalta Coating Systems’s quarterly revenue was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Equities analysts anticipate that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current year.

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.