Cwm LLC Has $1.35 Million Position in Axalta Coating Systems Ltd. $AXTA

Cwm LLC increased its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA) by 388.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,303 shares of the specialty chemicals company’s stock after purchasing an additional 36,027 shares during the period. Cwm LLC’s holdings in Axalta Coating Systems were worth $1,345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AXTA. Nuveen LLC bought a new position in shares of Axalta Coating Systems during the 1st quarter worth approximately $57,682,000. Fuller & Thaler Asset Management Inc. raised its stake in Axalta Coating Systems by 29.8% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 7,250,351 shares of the specialty chemicals company’s stock worth $240,494,000 after acquiring an additional 1,663,261 shares in the last quarter. Millennium Management LLC raised its stake in Axalta Coating Systems by 89.0% during the first quarter. Millennium Management LLC now owns 3,087,211 shares of the specialty chemicals company’s stock worth $102,403,000 after acquiring an additional 1,453,551 shares in the last quarter. Locust Wood Capital Advisers LLC lifted its holdings in shares of Axalta Coating Systems by 15.4% during the first quarter. Locust Wood Capital Advisers LLC now owns 3,913,488 shares of the specialty chemicals company’s stock valued at $129,810,000 after acquiring an additional 520,844 shares during the period. Finally, MetLife Investment Management LLC lifted its holdings in shares of Axalta Coating Systems by 327.5% during the first quarter. MetLife Investment Management LLC now owns 525,469 shares of the specialty chemicals company’s stock valued at $17,430,000 after acquiring an additional 402,552 shares during the period. Institutional investors own 98.28% of the company’s stock.

Insiders Place Their Bets

In other Axalta Coating Systems news, SVP Amy Tufano sold 3,194 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $31.06, for a total transaction of $99,205.64. Following the transaction, the senior vice president directly owned 12,087 shares in the company, valued at approximately $375,422.22. This represents a 20.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AXTA shares. Deutsche Bank Aktiengesellschaft cut shares of Axalta Coating Systems from a “buy” rating to a “hold” rating and set a $32.00 target price for the company. in a research report on Friday, July 18th. Wells Fargo & Company decreased their price objective on shares of Axalta Coating Systems from $39.00 to $38.00 and set an “overweight” rating on the stock in a research note on Friday, October 10th. Zacks Research upgraded shares of Axalta Coating Systems from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Royal Bank Of Canada reduced their target price on Axalta Coating Systems from $37.00 to $34.00 and set an “outperform” rating on the stock in a report on Friday, August 1st. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $32.00 price target (down from $47.00) on shares of Axalta Coating Systems in a report on Thursday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $36.75.

Axalta Coating Systems Stock Performance

AXTA stock opened at $28.54 on Tuesday. The company has a 50 day moving average price of $29.73 and a 200 day moving average price of $30.27. Axalta Coating Systems Ltd. has a fifty-two week low of $26.28 and a fifty-two week high of $41.65. The company has a debt-to-equity ratio of 1.47, a current ratio of 2.12 and a quick ratio of 1.53. The stock has a market capitalization of $6.18 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.51 and a beta of 1.25.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results on Wednesday, July 30th. The specialty chemicals company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Axalta Coating Systems had a return on equity of 25.32% and a net margin of 8.58%.The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the firm earned $0.57 EPS. Axalta Coating Systems has set its FY 2025 guidance at 2.450-2.550 EPS. Q3 2025 guidance at 0.630-0.670 EPS. Analysts forecast that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Axalta Coating Systems Company Profile

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.