Axalta Coating Systems Ltd. $AXTA Shares Acquired by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,641,269 shares of the specialty chemicals company’s stock after buying an additional 1,773,038 shares during the quarter. Axalta Coating Systems accounts for about 1.4% of Barrow Hanley Mewhinney & Strauss LLC’s portfolio, making the stock its 23rd largest position. Barrow Hanley Mewhinney & Strauss LLC owned approximately 7.33% of Axalta Coating Systems worth $447,653,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Global Retirement Partners LLC increased its holdings in shares of Axalta Coating Systems by 4.2% in the third quarter. Global Retirement Partners LLC now owns 11,478 shares of the specialty chemicals company’s stock valued at $328,000 after purchasing an additional 464 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Axalta Coating Systems by 7.1% during the third quarter. TD Private Client Wealth LLC now owns 10,995 shares of the specialty chemicals company’s stock worth $315,000 after purchasing an additional 729 shares during the period. R Squared Ltd boosted its position in Axalta Coating Systems by 9.9% in the third quarter. R Squared Ltd now owns 10,270 shares of the specialty chemicals company’s stock valued at $294,000 after buying an additional 927 shares during the last quarter. Arizona State Retirement System boosted its position in Axalta Coating Systems by 1.6% in the third quarter. Arizona State Retirement System now owns 64,674 shares of the specialty chemicals company’s stock valued at $1,851,000 after buying an additional 1,011 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in Axalta Coating Systems by 8.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 13,581 shares of the specialty chemicals company’s stock worth $403,000 after buying an additional 1,073 shares during the period. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Price Performance

Shares of NYSE AXTA opened at $29.10 on Wednesday. The firm has a 50-day simple moving average of $33.18 and a 200-day simple moving average of $30.91. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of 16.72, a price-to-earnings-growth ratio of 1.29 and a beta of 1.29. Axalta Coating Systems Ltd. has a 52 week low of $26.28 and a 52 week high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings data 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 for 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 business posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, equities analysts predict that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AXTA shares. Vertical Research downgraded shares of Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. Mizuho set a $39.00 price objective on Axalta Coating Systems in a report on Wednesday, February 11th. KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, Citigroup raised their target price on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Seven analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company 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.