Burns Matteson Capital Management LLC Buys Shares of 24,126 Axalta Coating Systems Ltd. $AXTA

Burns Matteson Capital Management LLC bought a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) during the fourth quarter, HoldingsChannel reports. The fund bought 24,126 shares of the specialty chemicals company’s stock, valued at approximately $780,000.

A number of other large investors also recently modified their holdings of AXTA. Global Retirement Partners LLC boosted its holdings in shares of Axalta Coating Systems by 4.2% during the 3rd quarter. Global Retirement Partners LLC now owns 11,478 shares of the specialty chemicals company’s stock valued at $328,000 after acquiring an additional 464 shares in the last quarter. GAMMA Investing LLC increased its holdings in Axalta Coating Systems by 42.9% in the 4th quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 504 shares in the last quarter. Park Avenue Securities LLC raised its position in Axalta Coating Systems by 2.2% in the fourth quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company’s stock valued at $863,000 after purchasing an additional 576 shares during the last quarter. TD Private Client Wealth LLC raised its position in Axalta Coating Systems by 7.1% in the third quarter. TD Private Client Wealth LLC now owns 10,995 shares of the specialty chemicals company’s stock valued at $315,000 after purchasing an additional 729 shares during the last quarter. Finally, R Squared Ltd boosted its stake in shares of Axalta Coating Systems by 9.9% during the third quarter. R Squared Ltd now owns 10,270 shares of the specialty chemicals company’s stock valued at $294,000 after purchasing an additional 927 shares in the last quarter. 98.28% of the stock is currently owned by institutional investors.

Axalta Coating Systems Trading Up 3.9%

Shares of AXTA stock opened at $27.72 on Wednesday. Axalta Coating Systems Ltd. has a 1-year low of $24.94 and a 1-year high of $35.72. 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 $5.92 billion, a price-to-earnings ratio of 15.93, a PEG ratio of 1.17 and a beta of 1.29. The stock has a 50-day moving average of $31.45 and a 200-day moving average of $30.48.

Axalta Coating Systems (NYSE:AXTA) last posted 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). The company had revenue of $1.26 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 earnings per share. 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 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Vertical Research cut Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. UBS Group reissued a “neutral” rating and set a $36.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, Citigroup raised their price target on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $36.13.

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.