Wells Fargo & Company Lowers Axis Capital (NYSE:AXS) Price Target to $121.00

Axis Capital (NYSE:AXS) had its target price decreased by Wells Fargo & Company from $124.00 to $121.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the insurance provider’s stock. Wells Fargo & Company‘s price target points to a potential upside of 17.31% from the company’s current price.

AXS has been the topic of several other reports. Keefe, Bruyette & Woods lifted their price target on shares of Axis Capital from $121.00 to $130.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. UBS Group increased their price objective on shares of Axis Capital from $119.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Axis Capital in a research report on Wednesday, January 7th. Compass Point set a $121.00 target price on Axis Capital in a report on Monday, November 24th. Finally, Roth Mkm reissued a “buy” rating and set a $120.00 price target on shares of Axis Capital in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $123.20.

Axis Capital Trading Down 0.9%

NYSE AXS opened at $103.14 on Friday. Axis Capital has a 52 week low of $84.81 and a 52 week high of $110.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s 50 day moving average price is $103.53 and its two-hundred day moving average price is $98.87. The stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 8.32, a PEG ratio of 0.97 and a beta of 0.65.

Axis Capital (NYSE:AXS) last issued its quarterly earnings results on Wednesday, January 28th. The insurance provider reported $3.25 earnings per share for the quarter, topping 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 net margin of 15.37% and a return on equity of 18.90%. The business’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period last year, the business earned $3.38 EPS. As a group, analysts anticipate that Axis Capital will post 11.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Axis Capital

A number of institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in Axis Capital in the second quarter valued at approximately $100,683,000. Freestone Grove Partners LP bought a new position in shares of Axis Capital during the 3rd quarter worth approximately $56,705,000. Altrinsic Global Advisors LLC increased its holdings in shares of Axis Capital by 47.7% during the 2nd quarter. Altrinsic Global Advisors LLC now owns 1,817,204 shares of the insurance provider’s stock worth $188,662,000 after acquiring an additional 586,576 shares during the last quarter. Alberta Investment Management Corp bought a new stake in Axis Capital in the 2nd quarter valued at $55,025,000. Finally, Allianz Asset Management GmbH raised its stake in Axis Capital by 174.6% in the 2nd quarter. Allianz Asset Management GmbH now owns 744,842 shares of the insurance provider’s stock valued at $77,329,000 after acquiring an additional 473,608 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Key Stories Impacting Axis Capital

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

• Positive Sentiment: Q4 results beat expectations — operating income and EPS topped consensus ($3.25 EPS vs. $2.97 est.) and revenue grew ~18% year-over-year, supporting fundamentals and underlying profitability. GlobeNewswire Q4 Release
• Positive Sentiment: Management outlook: Axis outlined mid- to high-single-digit premium growth for 2026 and said it will reinvest in technology and new business lines — a growth/strategic signal that supports longer-term revenue expansion. MSN Article
• Positive Sentiment: RBC raised its price target to $130 with an “outperform” rating — the most bullish analyst move today and a signal some firms remain confident in upside potential. The Fly
• Neutral Sentiment: Wells Fargo trimmed its price target slightly (from $124 to $121) but kept an “overweight” rating — modestly less bullish but still supportive of upside. Benzinga
• Neutral Sentiment: Multiple outlets published earnings transcripts, slides and summary snapshots — useful for deeper due diligence but largely informational (Seeking Alpha, MarketBeat, Zacks). Seeking Alpha Transcript
• Negative Sentiment: Bank of America trimmed its price target (from $119 to $115) and moved to “neutral,” which reduces near-term analyst support and may contribute to short-term selling pressure. TickerReport / Benzinga

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.