Bank of New York Mellon Corp Acquires 15,839 Shares of Axis Capital Holdings Limited $AXS

Posted by Geri Gentry on Jul 25th, 2026

Bank of New York Mellon Corp grew its position in shares of Axis Capital Holdings Limited (NYSE:AXS – Free Report) by 3.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 468,946 shares of the insurance provider’s stock after purchasing an additional 15,839 shares during the period. Bank of New York Mellon Corp’s holdings in Axis Capital were worth $47,556,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Illinois Municipal Retirement Fund increased its position in shares of Axis Capital by 2.5% during the 1st quarter. Illinois Municipal Retirement Fund now owns 58,829 shares of the insurance provider’s stock valued at $5,966,000 after purchasing an additional 1,433 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Axis Capital by 199.0% in the first quarter. Geneos Wealth Management Inc. now owns 2,401 shares of the insurance provider’s stock worth $243,000 after purchasing an additional 1,598 shares during the period. Hillsdale Investment Management Inc. increased its stake in Axis Capital by 13.7% in the first quarter. Hillsdale Investment Management Inc. now owns 46,400 shares of the insurance provider’s stock worth $4,705,000 after purchasing an additional 5,600 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Axis Capital by 49.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,266 shares of the insurance provider’s stock worth $1,954,000 after purchasing an additional 6,382 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in shares of Axis Capital by 23.4% during the first quarter. Chicago Partners Investment Group LLC now owns 10,116 shares of the insurance provider’s stock valued at $1,010,000 after purchasing an additional 1,916 shares during the period. 93.44% of the stock is owned by institutional investors.

Axis Capital Stock Up 1.6%

Shares of NYSE:AXS opened at $116.45 on Friday. The stock has a market cap of $8.58 billion, a P/E ratio of 8.68, a PEG ratio of 3.35 and a beta of 0.49. Axis Capital Holdings Limited has a 52-week low of $88.07 and a 52-week high of $116.95. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $105.19 and a two-hundred day moving average of $102.95.

Axis Capital (NYSE:AXS – Get Free Report) last posted its earnings results on Wednesday, April 29th. The insurance provider reported $3.42 EPS for the quarter, beating analysts’ consensus estimates of $3.33 by $0.09. Axis Capital had a return on equity of 18.12% and a net margin of 16.00%.The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the previous year, the business earned $3.17 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, research analysts expect that Axis Capital Holdings Limited will post 13.23 earnings per share for the current year.

Axis Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, June 30th. Axis Capital’s dividend payout ratio (DPR) is presently 13.11%.

Insider Transactions at Axis Capital

In other news, Director Henry B. Smith sold 2,542 shares of Axis Capital stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $98.69, for a total transaction of $250,869.98. Following the completion of the sale, the director directly owned 46,347 shares of the company’s stock, valued at approximately $4,573,985.43. The trade was a 5.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AXS has been the topic of several recent research reports. Mizuho increased their target price on shares of Axis Capital from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Wells Fargo & Company lifted their price target on Axis Capital from $119.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. UBS Group upped their price target on shares of Axis Capital from $129.00 to $131.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Atlantic Securities set a $122.00 price objective on Axis Capital in a report on Wednesday, July 15th. Finally, Bank of America cut their price objective on Axis Capital from $115.00 to $106.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Axis Capital currently has a consensus rating of “Moderate Buy” and an average target price of $124.45.

Read Our Latest Analysis on Axis Capital

Axis Capital Company Profile

(Free Report)

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.