SG Americas Securities LLC Purchases 230,249 Shares of Axalta Coating Systems Ltd. $AXTA

SG Americas Securities LLC raised its position in Axalta Coating Systems Ltd. (NYSE:AXTA) by 486.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 277,561 shares of the specialty chemicals company’s stock after acquiring an additional 230,249 shares during the period. SG Americas Securities LLC owned approximately 0.13% of Axalta Coating Systems worth $7,944,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Ilex Capital Partners UK LLP acquired a new stake in Axalta Coating Systems in the 2nd quarter valued at $60,571,000. AQR Capital Management LLC grew its holdings in shares of Axalta Coating Systems by 301.6% during the second quarter. AQR Capital Management LLC now owns 2,319,863 shares of the specialty chemicals company’s stock valued at $68,877,000 after buying an additional 1,742,203 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of Axalta Coating Systems by 44.3% during the second quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company’s stock worth $104,968,000 after acquiring an additional 1,085,466 shares in the last quarter. Norges Bank bought a new stake in shares of Axalta Coating Systems during the second quarter worth about $31,708,000. Finally, Jane Street Group LLC raised its holdings in shares of Axalta Coating Systems by 486.1% in the 2nd quarter. Jane Street Group LLC now owns 915,051 shares of the specialty chemicals company’s stock worth $27,168,000 after acquiring an additional 758,929 shares during the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Stock Up 1.7%

AXTA opened at $33.00 on Friday. Axalta Coating Systems Ltd. has a twelve month low of $26.28 and a twelve month high of $38.37. The company’s 50-day moving average price is $30.43 and its two-hundred day moving average price is $29.90. The stock has a market cap of $7.04 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 1.31 and a beta of 1.29. The company has a quick ratio of 1.59, a current ratio of 2.20 and a debt-to-equity ratio of 1.45.

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

Analyst Ratings Changes

AXTA has been the subject of a number of analyst reports. KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, October 29th. Wells Fargo & Company raised their price target on shares of Axalta Coating Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reduced their price objective on shares of Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Baird R W lowered shares of Axalta Coating Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $30.00 target price (down previously from $35.00) on shares of Axalta Coating Systems in a research note on Wednesday, November 19th. Nine equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $36.12.

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.