SG Capital Management LLC Purchases New Position in Axalta Coating Systems Ltd. $AXTA

SG Capital Management LLC purchased a new position in Axalta Coating Systems Ltd. (NYSE:AXTA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 284,462 shares of the specialty chemicals company’s stock, valued at approximately $8,141,000. SG Capital Management LLC owned approximately 0.13% of Axalta Coating Systems at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new position in shares of Axalta Coating Systems in the 2nd quarter worth approximately $37,000. IFP Advisors Inc bought a new stake in Axalta Coating Systems in the second quarter worth $39,000. FNY Investment Advisers LLC purchased a new position in Axalta Coating Systems during the second quarter worth $49,000. True Wealth Design LLC increased its position in Axalta Coating Systems by 1,533.6% during the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock valued at $51,000 after acquiring an additional 1,687 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Axalta Coating Systems by 371.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the specialty chemicals company’s stock valued at $104,000 after acquiring an additional 2,758 shares during the period. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their target price on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Wells Fargo & Company increased their price target on Axalta Coating Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Robert W. Baird set a $37.00 price objective on Axalta Coating Systems in a report on Wednesday, February 11th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $36.56.

Axalta Coating Systems Trading Up 1.7%

AXTA opened at $35.55 on Thursday. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. The stock’s fifty day moving average is $33.09 and its two-hundred day moving average is $30.66. The company has a market capitalization of $7.58 billion, a P/E ratio of 20.43, a PEG ratio of 1.54 and a beta of 1.29. Axalta Coating Systems Ltd. has a 52 week low of $26.28 and a 52 week high of $37.50.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.Axalta Coating Systems’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current year.

About Axalta Coating Systems

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.