Axalta Coating Systems Ltd. $AXTA Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 71.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 105,987 shares of the specialty chemicals company’s stock after acquiring an additional 44,343 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Axalta Coating Systems were worth $3,491,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC purchased a new position in shares of Axalta Coating Systems in the fourth quarter valued at $422,000. Park Avenue Securities LLC increased its stake in Axalta Coating Systems by 2.2% during the 4th quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company’s stock worth $863,000 after buying an additional 576 shares during the period. GAMMA Investing LLC lifted its holdings in Axalta Coating Systems by 42.9% in the 4th quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock worth $54,000 after buying an additional 504 shares in the last quarter. Allworth Financial LP boosted its position in Axalta Coating Systems by 339.7% in the 3rd quarter. Allworth Financial LP now owns 2,405 shares of the specialty chemicals company’s stock valued at $69,000 after buying an additional 1,858 shares during the last quarter. Finally, Swiss Life Asset Management Ltd purchased a new position in Axalta Coating Systems in the 3rd quarter valued at about $285,000. Institutional investors and hedge funds own 98.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Royal Bank Of Canada boosted their price target on Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 12th. UBS Group restated a “neutral” rating and set a $36.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 target price on Axalta Coating Systems in a research report on Wednesday, February 11th. The Goldman Sachs Group raised their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Citigroup lifted their price target on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. 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 data from MarketBeat.com, Axalta Coating Systems has a consensus rating of “Hold” and an average target price of $36.13.

Axalta Coating Systems Stock Performance

Shares of NYSE AXTA opened at $27.72 on Wednesday. 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 firm’s 50-day moving average price is $31.45 and its two-hundred day moving average price is $30.48. Axalta Coating Systems Ltd. has a 52-week low of $24.94 and a 52-week high of $35.72. The stock has a market capitalization of $5.92 billion, a P/E ratio of 15.93, a P/E/G ratio of 1.17 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 for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, sell-side analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current 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.