Caprock Group LLC Purchases New Position in Axalta Coating Systems Ltd. $AXTA

Caprock Group LLC acquired a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 22,283 shares of the specialty chemicals company’s stock, valued at approximately $697,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Westwood Holdings Group Inc. increased its holdings in 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 buying an additional 130,347 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake in Axalta Coating Systems by 23.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company’s stock valued at $4,769,000 after acquiring an additional 32,196 shares during the period. CWM LLC boosted its holdings in shares of Axalta Coating Systems by 211.8% during the 3rd quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company’s stock valued at $4,043,000 after acquiring an additional 95,950 shares during the last quarter. Locust Wood Capital Advisers LLC boosted its holdings in shares of Axalta Coating Systems by 7.1% during the 3rd 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 during the last quarter. Finally, Schroder Investment Management Group grew its stake in shares of Axalta Coating Systems by 56.0% in the second quarter. Schroder Investment Management Group now owns 645,464 shares of the specialty chemicals company’s stock worth $19,280,000 after acquiring an additional 231,721 shares during the period. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Up 1.0%

AXTA stock opened at $34.12 on Tuesday. The business’s 50-day moving average price is $32.83 and its 200-day moving average price is $30.57. The stock has a market cap of $7.28 billion, a P/E ratio of 19.61, a PEG ratio of 1.50 and a beta of 1.29. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. Axalta Coating Systems Ltd. has a twelve month low of $26.28 and a twelve month high of $37.72.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results 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). The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.Axalta Coating Systems’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, equities research analysts forecast that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AXTA shares. Mizuho set a $39.00 price objective on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. JPMorgan Chase & Co. dropped their price target on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. UBS Group reaffirmed a “neutral” rating and issued a $36.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada increased their target price on Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.56.

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.