Edgestream Partners L.P. Sells 10,037 Shares of Axis Capital Holdings Limited $AXS

Posted by George Bondi on Aug 5th, 2026

Edgestream Partners L.P. lowered its stake in Axis Capital Holdings Limited (NYSE:AXS – Free Report) by 53.7% during the 1st quarter, Holdings Channel reports. The firm owned 8,670 shares of the insurance provider’s stock after selling 10,037 shares during the quarter. Edgestream Partners L.P.’s holdings in Axis Capital were worth $879,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Orion Porfolio Solutions LLC grew its position in shares of Axis Capital by 5.0% during the third quarter. Orion Porfolio Solutions LLC now owns 2,104 shares of the insurance provider’s stock valued at $202,000 after purchasing an additional 100 shares in the last quarter. Truist Financial Corp boosted its stake in Axis Capital by 2.3% during the fourth quarter. Truist Financial Corp now owns 4,597 shares of the insurance provider’s stock valued at $492,000 after buying an additional 105 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Axis Capital by 2.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,390 shares of the insurance provider’s stock valued at $577,000 after buying an additional 107 shares during the last quarter. Stifel Financial Corp boosted its stake in Axis Capital by 0.3% during the fourth quarter. Stifel Financial Corp now owns 37,119 shares of the insurance provider’s stock valued at $3,975,000 after buying an additional 122 shares during the last quarter. Finally, Evoke Wealth LLC grew its holdings in Axis Capital by 6.0% during the 4th quarter. Evoke Wealth LLC now owns 2,827 shares of the insurance provider’s stock valued at $304,000 after buying an additional 161 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Capital One Financial set a $108.00 price objective on Axis Capital in a research note on Wednesday, July 29th. UBS Group cut their target price on shares of Axis Capital from $131.00 to $126.00 and set a “buy” rating for the company in a report on Monday. Atlantic Securities set a $122.00 price target on shares of Axis Capital in a research report on Wednesday, July 15th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Axis Capital in a research note on Wednesday, July 29th. Finally, Mizuho decreased their price target on shares of Axis Capital from $142.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $120.50.

View Our Latest Stock Report on AXS

Axis Capital Price Performance

Axis Capital stock opened at $103.90 on Wednesday. Axis Capital Holdings Limited has a 12-month low of $88.07 and a 12-month high of $119.99. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $106.44 and a 200-day moving average price of $103.28. The firm has a market capitalization of $7.58 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 4.48 and a beta of 0.50.

Axis Capital (NYSE:AXS – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The insurance provider reported $2.84 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.41). Axis Capital had a net margin of 16.23% and a return on equity of 17.00%. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the company posted $3.29 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. As a group, equities research analysts forecast that Axis Capital Holdings Limited will post 12.79 EPS for the current year.

Axis Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Axis Capital’s payout ratio is currently 12.50%.

Insider Activity at Axis Capital

In other news, Director Henry B. Smith sold 2,542 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $98.69, for a total value of $250,869.98. Following the transaction, the director directly owned 46,347 shares in the company, valued at approximately $4,573,985.43. This represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

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.