Axalta Coating Systems Ltd. $AXTA Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 14.5% in the second quarter, HoldingsChannel.com reports. The fund owned 70,737 shares of the specialty chemicals company’s stock after buying an additional 8,944 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Axalta Coating Systems were worth $2,100,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Westwood Holdings Group Inc. boosted its position in Axalta Coating Systems by 22.2% during the second quarter. Westwood Holdings Group Inc. now owns 717,059 shares of the specialty chemicals company’s stock worth $21,289,000 after acquiring an additional 130,347 shares during the last quarter. MetLife Investment Management LLC increased its position in Axalta Coating Systems by 327.5% during the 1st quarter. MetLife Investment Management LLC now owns 525,469 shares of the specialty chemicals company’s stock worth $17,430,000 after purchasing an additional 402,552 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Axalta Coating Systems by 159.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 39,651 shares of the specialty chemicals company’s stock valued at $1,224,000 after buying an additional 24,345 shares during the period. JPMorgan Chase & Co. lifted its position in Axalta Coating Systems by 3.2% during the first quarter. JPMorgan Chase & Co. now owns 11,637,025 shares of the specialty chemicals company’s stock valued at $386,000,000 after buying an additional 356,143 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in Axalta Coating Systems during the first quarter worth approximately $264,000. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AXTA has been the topic of a number of research reports. JPMorgan Chase & Co. cut their target price on shares of Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Bank of America cut their price objective on Axalta Coating Systems from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Mizuho decreased their target price on Axalta Coating Systems from $35.00 to $33.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. UBS Group lowered their target price on Axalta Coating Systems from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Finally, Evercore ISI reissued an “in-line” rating and set a $32.00 price target (down from $47.00) on shares of Axalta Coating Systems in a research report on Thursday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $36.06.

Axalta Coating Systems Stock Down 2.0%

Shares of NYSE AXTA opened at $29.55 on Tuesday. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 1.19 and a beta of 1.31. Axalta Coating Systems Ltd. has a 1 year low of $26.28 and a 1 year high of $41.65. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.59 and a current ratio of 2.20. The stock’s 50-day simple moving average is $28.57 and its 200-day simple moving average is $29.80.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 8.81%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the firm earned $0.59 EPS. Axalta Coating Systems’s quarterly revenue was down 2.4% on a year-over-year basis. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS. FY 2025 guidance at 2.500-2.500 EPS. As a group, equities analysts anticipate that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current fiscal year.

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.