Aristotle Capital Boston LLC Sells 45,728 Shares of Axalta Coating Systems Ltd. $AXTA

Aristotle Capital Boston LLC cut its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 9.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 446,093 shares of the specialty chemicals company’s stock after selling 45,728 shares during the quarter. Aristotle Capital Boston LLC owned approximately 0.21% of Axalta Coating Systems worth $14,413,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Covestor Ltd grew its stake in shares of Axalta Coating Systems by 197.7% during the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 603 shares during the period. Eagle Bay Advisors LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at approximately $30,000. Los Angeles Capital Management LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at approximately $35,000. IFP Advisors Inc grew its stake in shares of Axalta Coating Systems by 65.9% during the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after acquiring an additional 577 shares during the period. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Axalta Coating Systems by 2,174.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,615 shares of the specialty chemicals company’s stock valued at $52,000 after acquiring an additional 1,544 shares during the period. 98.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AXTA has been the topic of a number of research analyst reports. Citigroup initiated coverage on Axalta Coating Systems in a report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price target on the stock. The Goldman Sachs Group set a $36.00 price target on Axalta Coating Systems in a report on Friday, May 1st. Royal Bank Of Canada lowered their price target on Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 5th. UBS Group boosted their price target on Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Finally, Mizuho lowered their price target on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Four investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $34.31.

Axalta Coating Systems Stock Up 2.0%

NYSE AXTA opened at $33.97 on Thursday. The stock’s 50 day moving average is $29.68 and its 200 day moving average is $30.78. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27. Axalta Coating Systems Ltd. has a 12 month low of $24.94 and a 12 month high of $35.72. The stock has a market cap of $7.27 billion, a PE ratio of 19.87, a P/E/G ratio of 1.74 and a beta of 1.25.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Research analysts predict that Axalta Coating Systems Ltd. will post 2.58 EPS for the current fiscal year.

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.