54,290 Shares in Axalta Coating Systems Ltd. $AXTA Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 54,290 shares of the specialty chemicals company’s stock, valued at approximately $1,504,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Axalta Coating Systems by 11.6% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock worth $564,035,000 after buying an additional 1,815,715 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in shares of Axalta Coating Systems by 887.2% in the 4th quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after acquiring an additional 11,301,977 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Axalta Coating Systems by 10.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company’s stock valued at $213,143,000 after acquiring an additional 754,098 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Axalta Coating Systems by 64.9% during 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 acquiring an additional 1,506,083 shares in the last quarter. Finally, Channing Capital Management LLC raised its position in shares of Axalta Coating Systems by 672.6% during the 4th quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock valued at $98,157,000 after acquiring an additional 2,644,783 shares in the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on AXTA. Wall Street Zen raised shares of Axalta Coating Systems to a “buy” rating in a report on Saturday. Wells Fargo & Company cut shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $39.00 to $30.00 in a report on Friday, April 10th. UBS Group raised their price target on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. The Goldman Sachs Group set a $36.00 price target on shares of Axalta Coating Systems in a research report on Friday, May 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a report on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $35.67.

Axalta Coating Systems Stock Up 3.1%

Shares of Axalta Coating Systems stock opened at $33.79 on Tuesday. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27. The business’s 50 day simple moving average is $32.48 and its 200-day simple moving average is $31.22. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 1.60 and a beta of 1.24. Axalta Coating Systems Ltd. has a twelve month low of $24.94 and a twelve month high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 EPS. 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. Equities research analysts forecast that Axalta Coating Systems Ltd. will post 2.59 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.