WINTON GROUP Ltd Takes Position in Axalta Coating Systems Ltd. $AXTA

WINTON GROUP Ltd purchased a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,443 shares of the specialty chemicals company’s stock, valued at approximately $1,307,000.

Several other hedge funds have also recently modified their holdings of the stock. Intech Investment Management LLC raised its position in Axalta Coating Systems by 277.3% during the 3rd quarter. Intech Investment Management LLC now owns 103,292 shares of the specialty chemicals company’s stock worth $2,956,000 after buying an additional 75,915 shares during the last quarter. Lakewood Capital Management LP lifted its stake in shares of Axalta Coating Systems by 34.2% in the 3rd quarter. Lakewood Capital Management LP now owns 1,187,648 shares of the specialty chemicals company’s stock worth $33,990,000 after acquiring an additional 302,751 shares during the period. Artisan Partners Limited Partnership boosted its holdings in shares of Axalta Coating Systems by 189.9% in the third quarter. Artisan Partners Limited Partnership now owns 1,273,955 shares of the specialty chemicals company’s stock valued at $36,461,000 after acquiring an additional 834,481 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Axalta Coating Systems by 71.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 105,987 shares of the specialty chemicals company’s stock worth $3,491,000 after acquiring an additional 44,343 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Axalta Coating Systems by 475.3% during the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after acquiring an additional 6,475,786 shares during the period. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Stock Performance

Shares of AXTA stock opened at $31.90 on Tuesday. The stock has a fifty day moving average price of $28.82 and a 200 day moving average price of $30.59. The stock has a market cap of $6.83 billion, a PE ratio of 18.66, a P/E/G ratio of 1.68 and a beta of 1.25. Axalta Coating Systems Ltd. has a 1 year low of $24.94 and a 1 year high of $35.72. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 2.10.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. Axalta Coating Systems’s revenue was down .6% compared to the same quarter last year. 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. Sell-side analysts forecast that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AXTA. Wells Fargo & Company downgraded shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $39.00 to $30.00 in a research report on Friday, April 10th. The Goldman Sachs Group set a $36.00 target price on Axalta Coating Systems in a research report on Friday, May 1st. Mizuho cut their target price on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Royal Bank Of Canada reduced their price target on Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Finally, KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Four research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $34.31.

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.