Empowered Funds LLC Raises Position in Axos Financial, Inc $AX

Posted by Stanley Muller on Jul 29th, 2026

Empowered Funds LLC lifted its holdings in Axos Financial, Inc (NYSE:AX – Free Report) by 74.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,366 shares of the company’s stock after purchasing an additional 92,487 shares during the quarter. Empowered Funds LLC’s holdings in Axos Financial were worth $18,411,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. purchased a new stake in Axos Financial in the fourth quarter valued at about $26,000. Basepoint Wealth LLC purchased a new stake in shares of Axos Financial during the fourth quarter worth about $28,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Axos Financial during the third quarter worth about $29,000. State of Wyoming acquired a new position in shares of Axos Financial during the first quarter valued at about $30,000. Finally, Torren Management LLC acquired a new position in shares of Axos Financial during the fourth quarter valued at about $36,000. 83.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AX has been the subject of several research analyst reports. Raymond James Financial raised shares of Axos Financial from an “outperform” rating to a “strong-buy” rating and decreased their price objective for the company from $110.00 to $100.00 in a research report on Tuesday, April 7th. Weiss Ratings upgraded shares of Axos Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Benchmark assumed coverage on shares of Axos Financial in a report on Wednesday, July 8th. They issued a “buy” rating and a $115.00 price target for the company. Finally, Zacks Research downgraded shares of Axos Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $110.33.

Get Our Latest Stock Analysis on AX

Axos Financial Stock Up 3.7%

Shares of AX stock opened at $99.40 on Wednesday. Axos Financial, Inc has a fifty-two week low of $74.89 and a fifty-two week high of $102.18. The firm has a market capitalization of $5.65 billion, a PE ratio of 12.08 and a beta of 1.23. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s 50-day simple moving average is $92.60 and its 200-day simple moving average is $91.71.

Axos Financial (NYSE:AX – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.23). Axos Financial had a return on equity of 16.48% and a net margin of 22.53%.The firm had revenue of $392.25 million for the quarter, compared to analyst estimates of $372.51 million. During the same period last year, the firm earned $1.81 EPS. Equities analysts expect that Axos Financial, Inc will post 8.38 earnings per share for the current year.

Insider Activity at Axos Financial

In other news, EVP Michael James Watson sold 1,653 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $83.77, for a total value of $138,471.81. Following the sale, the executive vice president owned 4,592 shares in the company, valued at $384,671.84. This represents a 26.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Roque A. Santi sold 500 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $87.77, for a total transaction of $43,885.00. Following the transaction, the director directly owned 7,646 shares of the company’s stock, valued at approximately $671,089.42. This trade represents a 6.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.85% of the company’s stock.

About Axos Financial

(Free Report)

Axos Financial, Inc (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.

Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts.