111 Capital Sells 16,067 Shares of Axalta Coating Systems Ltd. $AXTA

111 Capital cut its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 63.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,357 shares of the specialty chemicals company’s stock after selling 16,067 shares during the quarter. 111 Capital’s holdings in Axalta Coating Systems were worth $268,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AXTA. Westwood Holdings Group Inc. raised its holdings in shares of Axalta Coating Systems by 22.2% in the second quarter. Westwood Holdings Group Inc. now owns 717,059 shares of the specialty chemicals company’s stock valued at $21,289,000 after purchasing an additional 130,347 shares during the last quarter. CWM LLC raised its stake in Axalta Coating Systems by 211.8% in the 3rd quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company’s stock valued at $4,043,000 after acquiring an additional 95,950 shares during the period. Wedge Capital Management L L P NC boosted its holdings in Axalta Coating Systems by 23.9% in the 3rd quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company’s stock worth $4,769,000 after buying an additional 32,196 shares during the period. Locust Wood Capital Advisers LLC grew its position in shares of Axalta Coating Systems by 7.1% in the third quarter. Locust Wood Capital Advisers LLC now owns 3,472,354 shares of the specialty chemicals company’s stock valued at $99,379,000 after purchasing an additional 231,498 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of Axalta Coating Systems by 56.0% in the second quarter. Schroder Investment Management Group now owns 645,464 shares of the specialty chemicals company’s stock worth $19,280,000 after buying an additional 231,721 shares in the last quarter. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

AXTA opened at $31.41 on Thursday. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.39 and a beta of 1.29. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $33.42 and its 200 day moving average is $30.95. Axalta Coating Systems Ltd. has a 12-month low of $26.28 and a 12-month high of $35.96.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The business’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, equities research analysts predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. BMO Capital Markets restated a “market perform” rating and set a $35.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 7th. The Goldman Sachs Group raised their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada lifted their price target on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, February 12th. Finally, Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Axalta Coating Systems presently has a consensus rating of “Hold” and an average price target of $36.56.

Axalta Coating Systems Company Profile

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.