Fox Run Management L.L.C. Makes New $1.27 Million Investment in Axalta Coating Systems Ltd. $AXTA

Fox Run Management L.L.C. acquired a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) during the 3rd quarter, Holdings Channel reports. The fund acquired 44,328 shares of the specialty chemicals company’s stock, valued at approximately $1,269,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. True Wealth Design LLC increased its position in Axalta Coating Systems by 1,533.6% in the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 1,687 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Axalta Coating Systems by 371.2% during the second quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the specialty chemicals company’s stock valued at $104,000 after purchasing an additional 2,758 shares during the last quarter. State of Wyoming grew its stake in shares of Axalta Coating Systems by 28.0% in the 3rd quarter. State of Wyoming now owns 5,360 shares of the specialty chemicals company’s stock worth $153,000 after buying an additional 1,174 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Axalta Coating Systems by 1,404.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 7,040 shares of the specialty chemicals company’s stock worth $201,000 after buying an additional 6,572 shares during the last quarter. Finally, Entropy Technologies LP purchased a new stake in shares of Axalta Coating Systems during the 2nd quarter valued at about $216,000. 98.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on AXTA shares. UBS Group reaffirmed a “neutral” rating and issued a $36.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their price objective on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Royal Bank Of Canada lifted their target price on Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a report on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. Seven investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $36.56.

Axalta Coating Systems Stock Down 1.4%

Shares of NYSE:AXTA opened at $33.72 on Thursday. The firm has a market capitalization of $7.19 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.50 and a beta of 1.29. The business has a 50 day simple moving average of $33.38 and a two-hundred day simple moving average of $30.86. Axalta Coating Systems Ltd. has a 1 year low of $26.28 and a 1 year high of $37.05. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the business posted $0.60 earnings per share. Axalta Coating Systems’s revenue was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, equities analysts predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

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.