Gator Capital Management LLC Takes $1.27 Million Position in Axalta Coating Systems Ltd. $AXTA

Gator Capital Management LLC purchased a new stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 39,426 shares of the specialty chemicals company’s stock, valued at approximately $1,274,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Intech Investment Management LLC lifted its holdings in shares of Axalta Coating Systems by 277.3% during the 3rd quarter. Intech Investment Management LLC now owns 103,292 shares of the specialty chemicals company’s stock valued at $2,956,000 after buying an additional 75,915 shares during the period. Lakewood Capital Management LP lifted its holdings in shares of Axalta Coating Systems by 34.2% during the 3rd quarter. Lakewood Capital Management LP now owns 1,187,648 shares of the specialty chemicals company’s stock valued at $33,990,000 after buying an additional 302,751 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Axalta Coating Systems by 71.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 105,987 shares of the specialty chemicals company’s stock valued at $3,491,000 after buying an additional 44,343 shares during the period. Artisan Partners Limited Partnership lifted its holdings in shares of Axalta Coating Systems by 189.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,273,955 shares of the specialty chemicals company’s stock valued at $36,461,000 after buying an additional 834,481 shares during the period. Finally, Millennium Management LLC lifted its holdings in shares of Axalta Coating Systems by 475.3% during the 3rd quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock valued at $224,327,000 after buying an additional 6,475,786 shares during the period. 98.28% of the stock is owned by institutional investors.

Axalta Coating Systems Trading Up 1.1%

NYSE:AXTA opened at $33.04 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. The firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 1.71 and a beta of 1.25. Axalta Coating Systems Ltd. has a one year low of $24.94 and a one year high of $35.72. The business has a fifty day moving average price of $29.26 and a 200-day moving average price of $30.69.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business posted $0.59 EPS. Axalta Coating Systems’s revenue was down .6% on a year-over-year basis. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. Sell-side analysts forecast that Axalta Coating Systems Ltd. will post 2.58 EPS for the current year.

Wall Street Analyst Weigh In

AXTA has been the topic of several research analyst reports. The Goldman Sachs Group set a $36.00 price target on Axalta Coating Systems in a report on Friday, May 1st. Mizuho reduced their price objective on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Wells Fargo & Company lowered Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $39.00 to $30.00 in a research note on Friday, April 10th. UBS Group upped their price objective on Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Royal Bank Of Canada reduced their price objective on Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $34.31.

Axalta Coating Systems Company 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.