Fox Run Management L.L.C. Takes $1.27 Million Position in Axalta Coating Systems Ltd. $AXTA

Fox Run Management L.L.C. acquired a new position in Axalta Coating Systems Ltd. (NYSE:AXTA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,328 shares of the specialty chemicals company’s stock, valued at approximately $1,269,000.

Several other institutional investors and hedge funds also recently bought and sold shares of AXTA. State of Michigan Retirement System increased its position in Axalta Coating Systems by 0.8% in the second quarter. State of Michigan Retirement System now owns 52,600 shares of the specialty chemicals company’s stock worth $1,562,000 after buying an additional 400 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of Axalta Coating Systems by 4.2% during the 3rd quarter. Global Retirement Partners LLC now owns 11,478 shares of the specialty chemicals company’s stock valued at $328,000 after buying an additional 464 shares in the last quarter. Cetera Trust Company N.A grew its stake in shares of Axalta Coating Systems by 10.2% during the 2nd quarter. Cetera Trust Company N.A now owns 7,655 shares of the specialty chemicals company’s stock valued at $227,000 after acquiring an additional 710 shares during the period. TD Private Client Wealth LLC increased its holdings in Axalta Coating Systems by 7.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,995 shares of the specialty chemicals company’s stock worth $315,000 after acquiring an additional 729 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in Axalta Coating Systems by 1.6% in the 3rd quarter. Arizona State Retirement System now owns 64,674 shares of the specialty chemicals company’s stock worth $1,851,000 after acquiring an additional 1,011 shares in the last quarter. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on AXTA shares. UBS Group reaffirmed a “neutral” rating and set a $36.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Mizuho set a $39.00 price objective on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 7th. Seven analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.56.

Axalta Coating Systems Price Performance

AXTA stock opened at $33.72 on Thursday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.50 and a current ratio of 2.06. The company’s fifty day moving average price is $33.38 and its 200-day moving average price is $30.86. Axalta Coating Systems Ltd. has a one year low of $26.28 and a one year high of $37.05. The company has a market capitalization of $7.19 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.50 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA) last announced 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). Axalta Coating Systems had a net margin of 7.39% and a return on equity of 23.60%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business’s revenue was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, equities analysts anticipate that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal 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.