SG Capital Management LLC Acquires New Holdings in Axalta Coating Systems Ltd. $AXTA

SG Capital Management LLC bought a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 284,462 shares of the specialty chemicals company’s stock, valued at approximately $8,141,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westwood Holdings Group Inc. boosted its position in shares of Axalta Coating Systems by 22.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 717,059 shares of the specialty chemicals company’s stock worth $21,289,000 after purchasing an additional 130,347 shares in the last quarter. Wedge Capital Management L L P NC boosted its holdings in Axalta Coating Systems by 23.9% in the third quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company’s stock worth $4,769,000 after acquiring an additional 32,196 shares in the last quarter. CWM LLC grew its stake in shares of Axalta Coating Systems by 211.8% during the third quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company’s stock worth $4,043,000 after acquiring an additional 95,950 shares during the last quarter. Locust Wood Capital Advisers LLC increased its holdings in shares of Axalta Coating Systems by 7.1% during the third quarter. Locust Wood Capital Advisers LLC now owns 3,472,354 shares of the specialty chemicals company’s stock valued at $99,379,000 after acquiring an additional 231,498 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Axalta Coating Systems by 56.0% in the 2nd quarter. Schroder Investment Management Group now owns 645,464 shares of the specialty chemicals company’s stock valued at $19,280,000 after purchasing an additional 231,721 shares during the last quarter. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Price Performance

Shares of NYSE AXTA opened at $35.55 on Thursday. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 1.54 and a beta of 1.29. The firm’s 50 day simple moving average is $33.09 and its 200-day simple moving average is $30.66. Axalta Coating Systems Ltd. has a 12 month low of $26.28 and a 12 month high of $37.50.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on AXTA. Royal Bank Of Canada boosted 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 report on Thursday, February 12th. UBS Group reissued a “neutral” rating and issued a $36.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Citigroup lifted their price target on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Mizuho set a $39.00 price objective on Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Seven analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $36.56.

Axalta Coating Systems Company 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.