Dimensional Fund Advisors LP Acquires 754,098 Shares of Axalta Coating Systems Ltd. $AXTA

Dimensional Fund Advisors LP grew its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA) by 10.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,695,348 shares of the specialty chemicals company’s stock after purchasing an additional 754,098 shares during the period. Dimensional Fund Advisors LP’s holdings in Axalta Coating Systems were worth $213,143,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Covestor Ltd grew its position in Axalta Coating Systems by 197.7% in the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 603 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in Axalta Coating Systems during the 4th quarter worth about $30,000. Cedar Mountain Advisors LLC bought a new stake in Axalta Coating Systems during the 1st quarter worth about $30,000. Summit Securities Group LLC acquired a new position in shares of Axalta Coating Systems during the 4th quarter worth about $32,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of Axalta Coating Systems in the 4th quarter valued at about $35,000. Institutional investors own 98.28% of the company’s stock.

Analyst Ratings Changes

AXTA has been the topic of several analyst reports. UBS Group upped their target price on Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada boosted their price target on Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Tuesday, June 16th. Citigroup began coverage on Axalta Coating Systems in a report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price objective for the company. Finally, The Goldman Sachs Group set a $36.00 target price on shares of Axalta Coating Systems in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Axalta Coating Systems has an average rating of “Hold” and an average target price of $35.67.

Axalta Coating Systems Trading Up 3.4%

Axalta Coating Systems stock opened at $32.76 on Friday. Axalta Coating Systems Ltd. has a 52 week low of $24.94 and a 52 week high of $35.72. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 2.10. The stock has a market capitalization of $7.01 billion, a P/E ratio of 19.16, a PEG ratio of 1.55 and a beta of 1.24. The stock has a 50-day simple moving average of $32.35 and a 200 day simple moving average of $31.23.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $1.21 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Axalta Coating Systems Ltd. will post 2.59 earnings per share for the current 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.