8,973 Shares in Axis Capital Holdings Limited $AXS Purchased by Bull Harbor Capital LLC

Bull Harbor Capital LLC acquired a new position in shares of Axis Capital Holdings Limited (NYSE:AXS) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 8,973 shares of the insurance provider’s stock, valued at approximately $910,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC increased its stake in Axis Capital by 30.9% in the fourth quarter. AQR Capital Management LLC now owns 4,592,270 shares of the insurance provider’s stock valued at $491,786,000 after acquiring an additional 1,083,579 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Axis Capital by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 3,682,238 shares of the insurance provider’s stock worth $373,412,000 after purchasing an additional 299,573 shares during the last quarter. State Street Corp lifted its stake in Axis Capital by 1.0% during the second quarter. State Street Corp now owns 1,631,198 shares of the insurance provider’s stock worth $170,069,000 after purchasing an additional 15,755 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Axis Capital by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 1,387,004 shares of the insurance provider’s stock valued at $148,565,000 after purchasing an additional 10,246 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of Axis Capital by 41.2% in the 4th quarter. Allianz Asset Management GmbH now owns 1,370,479 shares of the insurance provider’s stock valued at $146,765,000 after purchasing an additional 400,068 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Axis Capital Stock Performance

Shares of Axis Capital stock opened at $105.10 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.65 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $106.11 and a two-hundred day moving average price of $103.18. Axis Capital Holdings Limited has a 1-year low of $88.07 and a 1-year high of $119.99. The company has a market cap of $7.67 billion, a P/E ratio of 7.46, a PEG ratio of 3.13 and a beta of 0.49.

Axis Capital (NYSE:AXS) last announced its earnings results on Monday, July 27th. The insurance provider reported $2.84 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.41). Axis Capital had a net margin of 16.23% and a return on equity of 17.00%. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the company earned $3.29 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. As a group, analysts anticipate that Axis Capital Holdings Limited will post 13.09 EPS for the current year.

Axis Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Axis Capital’s dividend payout ratio is presently 13.11%.

Analyst Ratings Changes

A number of research firms have issued reports on AXS. Keefe, Bruyette & Woods lifted their target price on Axis Capital from $126.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Atlantic Securities set a $122.00 target price on shares of Axis Capital in a report on Wednesday, July 15th. Capital One Financial set a $108.00 price objective on shares of Axis Capital in a research report on Wednesday. BMO Capital Markets reiterated a “market perform” rating on shares of Axis Capital in a report on Wednesday. Finally, Wells Fargo & Company dropped their price target on Axis Capital from $134.00 to $126.00 and set an “overweight” rating for the company in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $122.42.

Insider Buying and Selling

In other Axis Capital news, Director Henry B. Smith sold 2,542 shares of Axis Capital stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $98.69, for a total transaction of $250,869.98. Following the transaction, the director directly owned 46,347 shares of the company’s stock, valued at $4,573,985.43. The trade was a 5.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

Axis Capital News Roundup

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: Wells Fargo lowered its price target to $126 from $134 but maintained an “overweight” rating, implying nearly 20% upside from the referenced share price. The median target among five analysts is $131. Benzinga
• Positive Sentiment: Management expects approximately $17 million in full-year ACS fee income and indicated that share repurchases will continue during the second half of 2026, potentially supporting per-share value. Axis expects ACS fee income and continued buybacks
• Neutral Sentiment: AXS appointed Rahil Jogani to a newly created role leading technology and artificial-intelligence strategy. The initiative could improve efficiency over time, but its near-term financial impact is unclear. AXIS appoints technology and AI strategy head
• Negative Sentiment: Second-quarter operating earnings were $2.84 per share, below the roughly $3.30 consensus estimate, despite net income of $3.38 per share and revenue of $1.75 billion, which exceeded expectations.
• Negative Sentiment: The consolidated combined ratio deteriorated to 93.1% from 85.3% a year earlier, signaling materially weaker underwriting profitability. Catastrophe and weather-related losses reached $80 million, or 5.3 loss-ratio points, while weaker investment income also weighed on results. AXIS Capital Q2 earnings miss

About Axis Capital

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.