Moore Capital Management LP Has $12.61 Million Holdings in Axalta Coating Systems Ltd. $AXTA

Moore Capital Management LP raised its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 224.5% in the third quarter, HoldingsChannel reports. The fund owned 440,676 shares of the specialty chemicals company’s stock after acquiring an additional 304,871 shares during the period. Moore Capital Management LP’s holdings in Axalta Coating Systems were worth $12,612,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Axalta Coating Systems by 12.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,641,269 shares of the specialty chemicals company’s stock worth $447,653,000 after purchasing an additional 1,773,038 shares during the period. Dimensional Fund Advisors LP boosted its stake in Axalta Coating Systems by 18.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,095,897 shares of the specialty chemicals company’s stock valued at $145,829,000 after purchasing an additional 778,222 shares during the period. Geode Capital Management LLC boosted its stake in Axalta Coating Systems by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,849,202 shares of the specialty chemicals company’s stock valued at $114,301,000 after purchasing an additional 11,749 shares during the period. AQR Capital Management LLC grew its holdings in Axalta Coating Systems by 64.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock valued at $107,739,000 after buying an additional 1,506,083 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in Axalta Coating Systems by 44.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company’s stock valued at $104,968,000 after buying an additional 1,085,466 shares in the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Analyst Upgrades and Downgrades

AXTA has been the subject of a number of research reports. Mizuho set a $39.00 target price on Axalta Coating Systems in a report on Wednesday, February 11th. Citigroup upped their price target on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Royal Bank Of Canada raised their price target on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. Finally, Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $36.56.

Axalta Coating Systems Stock Performance

NYSE:AXTA opened at $27.96 on Tuesday. The stock has a fifty day moving average price of $32.80 and a 200-day moving average price of $30.82. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 1.21 and a beta of 1.29. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.50 and a current ratio of 2.06. Axalta Coating Systems Ltd. has a fifty-two week low of $26.28 and a fifty-two week high of $35.72.

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

Axalta Coating Systems 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.