Bank of America Cuts Axis Capital (NYSE:AXS) Price Target to $115.00

Axis Capital (NYSE:AXS) had its target price trimmed by Bank of America from $119.00 to $115.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the insurance provider’s stock.

A number of other brokerages have also recently issued reports on AXS. The Goldman Sachs Group reiterated a “neutral” rating and issued a $110.00 target price on shares of Axis Capital in a report on Wednesday, January 7th. Keefe, Bruyette & Woods upped their price objective on shares of Axis Capital from $121.00 to $130.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th. UBS Group raised their price objective on shares of Axis Capital from $119.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Royal Bank Of Canada initiated coverage on shares of Axis Capital in a report on Monday, November 24th. They set an “outperform” rating and a $125.00 price objective for the company. Finally, Weiss Ratings downgraded shares of Axis Capital from a “buy (a-)” rating to a “buy (b)” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.20.

Axis Capital Stock Performance

Shares of AXS opened at $103.14 on Thursday. Axis Capital has a one year low of $84.81 and a one year high of $110.34. The company has a market cap of $7.95 billion, a PE ratio of 8.32, a P/E/G ratio of 0.97 and a beta of 0.65. The stock has a 50-day moving average of $103.53 and a 200-day moving average of $98.87. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.67 and a quick ratio of 0.67.

Axis Capital (NYSE:AXS) last announced its quarterly earnings results on Wednesday, January 28th. The insurance provider reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.28. Axis Capital had a return on equity of 18.90% and a net margin of 15.37%.The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the company earned $3.38 earnings per share. The company’s quarterly revenue was up 17.8% on a year-over-year basis. On average, equities research analysts predict that Axis Capital will post 11.19 EPS for the current fiscal year.

Axis Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.44 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.76 annualized dividend and a dividend yield of 1.7%. Axis Capital’s dividend payout ratio is presently 14.21%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Axis Capital by 12.4% in the 1st quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider’s stock valued at $6,361,000 after buying an additional 7,023 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Axis Capital by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider’s stock worth $20,605,000 after buying an additional 12,680 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Axis Capital by 86.2% in the first quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider’s stock valued at $4,739,000 after acquiring an additional 21,892 shares in the last quarter. Focus Partners Wealth increased its position in shares of Axis Capital by 42.1% during the first quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider’s stock valued at $1,044,000 after acquiring an additional 3,085 shares during the last quarter. Finally, Sivia Capital Partners LLC increased its position in shares of Axis Capital by 33.6% during the second quarter. Sivia Capital Partners LLC now owns 3,924 shares of the insurance provider’s stock valued at $407,000 after acquiring an additional 987 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Axis Capital

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

• Positive Sentiment: Q4 results beat expectations — operating income and EPS topped consensus ($3.25 EPS vs. $2.97 est.) and revenue grew ~18% year-over-year, supporting fundamentals and underlying profitability. GlobeNewswire Q4 Release
• Positive Sentiment: Management outlook: Axis outlined mid- to high-single-digit premium growth for 2026 and said it will reinvest in technology and new business lines — a growth/strategic signal that supports longer-term revenue expansion. MSN Article
• Positive Sentiment: RBC raised its price target to $130 with an “outperform” rating — the most bullish analyst move today and a signal some firms remain confident in upside potential. The Fly
• Neutral Sentiment: Wells Fargo trimmed its price target slightly (from $124 to $121) but kept an “overweight” rating — modestly less bullish but still supportive of upside. Benzinga
• Neutral Sentiment: Multiple outlets published earnings transcripts, slides and summary snapshots — useful for deeper due diligence but largely informational (Seeking Alpha, MarketBeat, Zacks). Seeking Alpha Transcript
• Negative Sentiment: Bank of America trimmed its price target (from $119 to $115) and moved to “neutral,” which reduces near-term analyst support and may contribute to short-term selling pressure. TickerReport / Benzinga

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.