17,642 Shares in Axalta Coating Systems Ltd. $AXTA Acquired by Bull Harbor Capital LLC

Bull Harbor Capital LLC acquired a new stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,642 shares of the specialty chemicals company’s stock, valued at approximately $489,000.

Other large investors have also recently bought and sold shares of the company. Verdence Capital Advisors LLC boosted its position in shares of Axalta Coating Systems by 2.0% during the fourth quarter. Verdence Capital Advisors LLC now owns 17,166 shares of the specialty chemicals company’s stock worth $555,000 after purchasing an additional 330 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Axalta Coating Systems by 7.5% in the 4th quarter. Principal Securities Inc. now owns 7,292 shares of the specialty chemicals company’s stock valued at $236,000 after buying an additional 511 shares during the period. IFP Advisors Inc increased its position in shares of Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 577 shares in the last quarter. Covestor Ltd increased its position in shares of Axalta Coating Systems by 197.7% in the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 603 shares in the last quarter. Finally, Allworth Financial LP raised its stake in Axalta Coating Systems by 31.9% during the 4th quarter. Allworth Financial LP now owns 3,173 shares of the specialty chemicals company’s stock worth $103,000 after buying an additional 768 shares during the period. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Price Performance

Shares of AXTA opened at $35.90 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. Axalta Coating Systems Ltd. has a twelve month low of $24.94 and a twelve month high of $36.62. The stock has a market capitalization of $7.68 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.79 and a beta of 1.24. The company has a 50 day moving average of $33.02 and a 200-day moving average of $31.32.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the firm posted $0.64 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. As a group, equities research analysts forecast that Axalta Coating Systems Ltd. will post 2.62 EPS for the current fiscal year.

Analysts Set New Price Targets

AXTA has been the subject of a number of research analyst reports. Wells Fargo & Company cut Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $39.00 to $30.00 in a research note on Friday, April 10th. BMO Capital Markets raised their price target on Axalta Coating Systems from $35.00 to $39.00 and gave the stock a “market perform” rating in a research report on Wednesday. The Goldman Sachs Group set a $36.00 price objective on Axalta Coating Systems in a report on Friday, May 1st. Wall Street Zen upgraded Axalta Coating Systems to a “buy” rating in a research report on Saturday, July 25th. Finally, Royal Bank Of Canada boosted their price objective on Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Axalta Coating Systems currently has an average rating of “Hold” and a consensus price target of $36.00.

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.