Axalta Coating Systems Ltd. $AXTA Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lowered its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 83.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,104 shares of the specialty chemicals company’s stock after selling 140,091 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Axalta Coating Systems were worth $776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. purchased a new stake in shares of Axalta Coating Systems during the 2nd quarter worth approximately $37,000. IFP Advisors Inc purchased a new stake in Axalta Coating Systems during the second quarter worth $39,000. FNY Investment Advisers LLC acquired a new stake in Axalta Coating Systems in the second quarter valued at $49,000. True Wealth Design LLC increased its position in shares of Axalta Coating Systems by 1,533.6% in the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock valued at $51,000 after buying an additional 1,687 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Axalta Coating Systems by 371.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the specialty chemicals company’s stock worth $104,000 after buying an additional 2,758 shares during the last quarter. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Price Performance

AXTA stock opened at $33.23 on Wednesday. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 1.36 and a beta of 1.29. The company has a quick ratio of 1.59, a current ratio of 2.20 and a debt-to-equity ratio of 1.45. Axalta Coating Systems Ltd. has a 52-week low of $26.28 and a 52-week high of $38.37. The stock’s fifty day simple moving average is $31.12 and its 200-day simple moving average is $30.05.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results on Tuesday, October 28th. The specialty chemicals company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 8.81%.The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the business posted $0.59 earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS and its FY 2025 guidance at 2.500-2.500 EPS. Equities research analysts expect that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on AXTA. Evercore ISI restated an “in-line” rating and set a $32.00 target price (down from $47.00) on shares of Axalta Coating Systems in a report on Thursday, October 2nd. KeyCorp reissued a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, October 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $30.00 target price (down previously from $35.00) on shares of Axalta Coating Systems in a research note on Wednesday, November 19th. Vertical Research downgraded Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Axalta Coating Systems in a report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $35.56.

About Axalta Coating Systems

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company’s product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.