Moore Capital Management LP Has $12.61 Million Stock Holdings in Axalta Coating Systems Ltd. $AXTA

Moore Capital Management LP raised its position in Axalta Coating Systems Ltd. (NYSE:AXTA) by 224.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 440,676 shares of the specialty chemicals company’s stock after acquiring an additional 304,871 shares during the period. Moore Capital Management LP owned about 0.21% of Axalta Coating Systems worth $12,612,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of AXTA. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Axalta Coating Systems by 12.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,641,269 shares of the specialty chemicals company’s stock valued at $447,653,000 after purchasing an additional 1,773,038 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Axalta Coating Systems by 18.0% during the third quarter. Dimensional Fund Advisors LP now owns 5,095,897 shares of the specialty chemicals company’s stock worth $145,829,000 after purchasing an additional 778,222 shares during the last quarter. Geode Capital Management LLC grew its position in Axalta Coating Systems by 0.3% in the second quarter. Geode Capital Management LLC now owns 3,849,202 shares of the specialty chemicals company’s stock valued at $114,301,000 after purchasing an additional 11,749 shares in the last quarter. AQR Capital Management LLC increased its stake in Axalta Coating Systems by 64.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock valued at $107,739,000 after buying an additional 1,506,083 shares during the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Axalta Coating Systems by 44.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company’s stock valued at $104,968,000 after buying an additional 1,085,466 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on AXTA shares. Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Citigroup lifted their target price on Axalta Coating Systems from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th. The Goldman Sachs Group increased their price target on Axalta Coating Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada raised their price target on Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a research note on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $36.56.

Axalta Coating Systems Stock Up 1.3%

AXTA opened at $27.96 on Tuesday. Axalta Coating Systems Ltd. has a 1-year low of $26.28 and a 1-year high of $35.72. The stock’s fifty day simple moving average is $32.80 and its 200 day simple moving average is $30.82. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.33. The stock has a market cap of $5.96 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 1.21 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 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 company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Axalta Coating Systems Ltd. will post 2.55 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.