Hillsdale Investment Management Inc. Acquires 8,900 Shares of Axis Capital Holdings Limited $AXS

Hillsdale Investment Management Inc. raised its holdings in Axis Capital Holdings Limited (NYSE:AXS) by 29.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,100 shares of the insurance provider’s stock after buying an additional 8,900 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.05% of Axis Capital worth $3,746,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in AXS. Root Financial Partners LLC purchased a new stake in Axis Capital in the third quarter worth $29,000. Smithfield Trust Co raised its holdings in Axis Capital by 94.0% in the 2nd quarter. Smithfield Trust Co now owns 293 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 142 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Axis Capital in the 2nd quarter worth about $37,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Axis Capital in the 2nd quarter worth about $41,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Axis Capital during the 3rd quarter valued at about $43,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Key Axis Capital News

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

• Positive Sentiment: Zacks raised FY2026 guidance to $12.94 (from $12.85) and nudged up several 2026 quarterly estimates — modestly higher earnings visibility for the year supports a more constructive outlook. MarketBeat AXS
• Positive Sentiment: Zacks increased 2027 mid‑year/late‑year estimates: Q2 2027 to $3.43 (from $3.39), Q3 2027 to $3.61 (from $3.55) and Q4 2027 to $3.41 (from $3.35) — indicating stronger expected earnings later in the year. MarketBeat AXS
• Positive Sentiment: These upward revisions follow Axis’s Jan. 28 quarterly beat (EPS $3.25 vs. est. $2.97; revenue well above estimates), reinforcing analyst confidence in the company’s underwriting or investment performance. MarketBeat AXS
• Negative Sentiment: Zacks cut Q1 2027 EPS to $3.35 from $3.49 — a notable near‑term downgrade that could pressure the stock if the company signals softness or seasonality for the next quarter. MarketBeat AXS

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on AXS shares. UBS Group reissued a “buy” rating on shares of Axis Capital in a research note on Monday, February 2nd. Compass Point set a $121.00 target price on Axis Capital in a report on Monday, November 24th. Wells Fargo & Company decreased their target price on Axis Capital from $124.00 to $121.00 and set an “overweight” rating for the company in a research report on Friday, January 30th. Jefferies Financial Group restated a “buy” rating and set a $122.00 price target on shares of Axis Capital in a research report on Friday, January 30th. Finally, Mizuho set a $141.00 price target on Axis Capital in a research note on Monday, February 2nd. One investment 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $124.00.

Axis Capital Price Performance

Shares of NYSE AXS opened at $104.96 on Monday. The firm has a market cap of $8.09 billion, a P/E ratio of 8.47, a PEG ratio of 3.12 and a beta of 0.63. Axis Capital Holdings Limited has a twelve month low of $84.81 and a twelve month high of $110.34. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average of $104.40 and a 200 day moving average of $99.74.

Axis Capital (NYSE:AXS) last posted its earnings results on Wednesday, January 28th. The insurance provider reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.28. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.33 billion. Axis Capital had a return on equity of 18.90% and a net margin of 15.37%.The company’s quarterly revenue was up 17.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.38 EPS. As a group, research analysts expect that Axis Capital Holdings Limited will post 11.19 EPS for the current fiscal year.

Axis Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.44 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.76 dividend on an annualized basis and a yield of 1.7%. Axis Capital’s payout ratio is 14.21%.

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.