Axalta Coating Systems Ltd. $AXTA Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its position in Axalta Coating Systems Ltd. (NYSE:AXTA) by 22.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,377 shares of the specialty chemicals company’s stock after acquiring an additional 5,005 shares during the quarter. Intech Investment Management LLC’s holdings in Axalta Coating Systems were worth $813,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Axalta Coating Systems during the 2nd quarter worth approximately $37,000. IFP Advisors Inc purchased a new stake in Axalta Coating Systems in the second quarter valued at $39,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Axalta Coating Systems by 951.6% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,325 shares of the specialty chemicals company’s stock valued at $44,000 after acquiring an additional 1,199 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Axalta Coating Systems in the second quarter valued at $49,000. Finally, Headlands Technologies LLC grew its holdings in shares of Axalta Coating Systems by 72.3% during the first quarter. Headlands Technologies LLC now owns 5,635 shares of the specialty chemicals company’s stock worth $187,000 after purchasing an additional 2,365 shares during the last quarter. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Stock Performance

NYSE AXTA opened at $29.82 on Thursday. The business has a 50 day moving average price of $28.54 and a 200 day moving average price of $29.79. The company has a market capitalization of $6.36 billion, a P/E ratio of 14.27, a PEG ratio of 1.17 and a beta of 1.31. Axalta Coating Systems Ltd. has a 1-year low of $26.28 and a 1-year high of $41.09. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.20 and a quick ratio of 1.59.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Axalta Coating Systems had a net margin of 8.81% and a return on equity of 24.92%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the company earned $0.59 EPS. The firm’s revenue was down 2.4% on a year-over-year basis. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS. FY 2025 guidance at 2.500-2.500 EPS. Sell-side analysts expect that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on AXTA. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $30.00 price target (down previously from $35.00) on shares of Axalta Coating Systems in a research report on Wednesday, November 19th. UBS Group decreased their target price on shares of Axalta Coating Systems from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Evercore ISI restated an “in-line” rating and issued a $32.00 price target (down previously from $47.00) on shares of Axalta Coating Systems in a research report on Thursday, October 2nd. Zacks Research raised Axalta Coating Systems from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Finally, Vertical Research set a $37.00 price objective on Axalta Coating Systems and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.06.

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.