Regents Gate Capital LLP Buys 30,739 Shares of Axalta Coating Systems Ltd. $AXTA

Regents Gate Capital LLP increased its stake in Axalta Coating Systems Ltd. (NYSE:AXTA) by 18.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 194,060 shares of the specialty chemicals company’s stock after buying an additional 30,739 shares during the period. Axalta Coating Systems accounts for about 2.0% of Regents Gate Capital LLP’s holdings, making the stock its 21st largest holding. Regents Gate Capital LLP owned 0.09% of Axalta Coating Systems worth $5,554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Elo Mutual Pension Insurance Co grew its stake in shares of Axalta Coating Systems by 51.5% in the third quarter. Elo Mutual Pension Insurance Co now owns 45,872 shares of the specialty chemicals company’s stock worth $1,313,000 after acquiring an additional 15,603 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in Axalta Coating Systems by 189.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,273,955 shares of the specialty chemicals company’s stock worth $36,461,000 after purchasing an additional 834,481 shares in the last quarter. R Squared Ltd grew its position in Axalta Coating Systems by 9.9% during the 3rd quarter. R Squared Ltd now owns 10,270 shares of the specialty chemicals company’s stock valued at $294,000 after purchasing an additional 927 shares during the last quarter. Intech Investment Management LLC grew its position in Axalta Coating Systems by 277.3% during the 3rd quarter. Intech Investment Management LLC now owns 103,292 shares of the specialty chemicals company’s stock valued at $2,956,000 after purchasing an additional 75,915 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in Axalta Coating Systems during the 3rd quarter valued at about $1,269,000. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Trading Down 0.8%

NYSE:AXTA opened at $33.35 on Monday. The company has a market cap 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 current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.33. The company has a 50 day simple moving average of $33.44 and a two-hundred day simple moving average of $30.93. Axalta Coating Systems Ltd. has a 12 month low of $26.28 and a 12 month high of $36.82.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 12th. Citigroup boosted their price objective on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Vertical Research cut Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. BMO Capital Markets reissued a “market perform” rating and issued a $35.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $36.56.

About Axalta Coating Systems

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.