Axalta Coating Systems Ltd. $AXTA Stake Cut by Quantbot Technologies LP

Quantbot Technologies LP reduced its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 71.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,324 shares of the specialty chemicals company’s stock after selling 18,064 shares during the quarter. Quantbot Technologies LP’s holdings in Axalta Coating Systems were worth $210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AXTA. Ilex Capital Partners UK LLP purchased a new stake in Axalta Coating Systems in the 2nd quarter worth approximately $60,571,000. AQR Capital Management LLC grew its holdings in shares of Axalta Coating Systems by 301.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,319,863 shares of the specialty chemicals company’s stock valued at $68,877,000 after acquiring an additional 1,742,203 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Axalta Coating Systems by 423.7% in the third quarter. Thrivent Financial for Lutherans now owns 2,022,606 shares of the specialty chemicals company’s stock worth $57,887,000 after acquiring an additional 1,636,395 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of Axalta Coating Systems by 44.3% in the second quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company’s stock worth $104,968,000 after acquiring an additional 1,085,466 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Axalta Coating Systems during the second quarter worth $31,708,000. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Trading Down 2.6%

Shares of AXTA stock opened at $28.34 on Thursday. Axalta Coating Systems Ltd. has a 1 year low of $26.28 and a 1 year high of $35.72. The firm’s fifty day simple moving average is $33.10 and its 200 day simple moving average is $30.90. The firm has a market capitalization of $6.05 billion, a P/E ratio of 16.29, a price-to-earnings-growth ratio of 1.28 and a beta of 1.29. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.33.

Axalta Coating Systems (NYSE:AXTA) last released its 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 firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned $0.60 earnings per share. The firm’s quarterly revenue 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 predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AXTA. Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th. Robert W. Baird set a $37.00 price objective on Axalta Coating Systems in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a research report on Wednesday, January 21st. 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. Finally, UBS Group reissued a “neutral” rating and issued a $36.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $36.56.

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.