Hennessy Advisors Inc. Cuts Stock Position in Axis Capital Holdings Limited $AXS

Hennessy Advisors Inc. reduced its position in Axis Capital Holdings Limited (NYSE:AXS) by 6.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,100 shares of the insurance provider’s stock after selling 5,900 shares during the quarter. Hennessy Advisors Inc. owned 0.12% of Axis Capital worth $9,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AXS. Royal Bank of Canada boosted its holdings in shares of Axis Capital by 12.4% in the 1st quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider’s stock worth $6,361,000 after purchasing an additional 7,023 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Axis Capital by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider’s stock worth $20,605,000 after purchasing an additional 12,680 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Axis Capital by 86.2% in the 1st quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider’s stock worth $4,739,000 after purchasing an additional 21,892 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Axis Capital by 42.1% in the 1st quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider’s stock worth $1,044,000 after purchasing an additional 3,085 shares in the last quarter. Finally, Sivia Capital Partners LLC boosted its holdings in shares of Axis Capital by 33.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,924 shares of the insurance provider’s stock worth $407,000 after purchasing an additional 987 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

More Axis Capital News

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and full‑year EPS forecasts for AXS (small but consistent upward revisions across Q1–Q4 2026–27 and FY2026–FY2027), improving forward earnings visibility and supporting upside estimates. Will Axis Capital (AXS) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Zacks research pieces highlight AXIS’s premium growth and disciplined underwriting — factors that support margin expansion and recurring earnings strength, reinforcing the rationale behind the estimate upgrades. Can AXS Sustain Its Growth on Premium Strength and Underwriting?
• Neutral Sentiment: Axis’s recent January quarter reported an earnings beat and revenue upside (strong premium/revenue growth year‑over‑year), which provides the track record backing current analyst optimism. This is background support rather than new news.
• Negative Sentiment: Bank of America trimmed its price target on AXS to $106, which reduces some analyst‑implied upside and could cap near‑term gains if other brokers follow. Bank of America Lowers Axis Capital (NYSE:AXS) Price Target to $106.00

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AXS shares. Keefe, Bruyette & Woods cut their price objective on Axis Capital from $130.00 to $126.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Royal Bank Of Canada increased their target price on Axis Capital from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Weiss Ratings upgraded Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a report on Tuesday, March 17th. Mizuho dropped their target price on Axis Capital from $141.00 to $140.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $110.00 target price on shares of Axis Capital in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $122.80.

Axis Capital Trading Down 0.0%

Shares of AXS stock opened at $102.04 on Monday. The stock has a market capitalization of $7.56 billion, a PE ratio of 8.24, a P/E/G ratio of 2.08 and a beta of 0.63. Axis Capital Holdings Limited has a 1-year low of $88.07 and a 1-year high of $110.34. The business has a 50-day moving average of $101.92 and a 200 day moving average of $101.10. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.65 and a quick ratio of 0.65.

Axis Capital (NYSE:AXS) last issued its earnings results on Wednesday, January 28th. The insurance provider reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.28. The company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Axis Capital had a return on equity of 18.72% and a net margin of 15.37%.Axis Capital’s quarterly revenue was up 17.8% compared to the same quarter last year. During the same period in the prior year, the business posted $3.38 EPS. As a group, sell-side analysts anticipate that Axis Capital Holdings Limited will post 11.19 earnings per share for the current year.

Axis Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.76 dividend on an annualized basis and a yield of 1.7%. Axis Capital’s dividend payout ratio is presently 14.21%.

Axis Capital Company Profile

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.