Natixis Advisors LLC Raises Stock Position in Axalta Coating Systems Ltd. $AXTA

Natixis Advisors LLC grew its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA) by 19.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 319,386 shares of the specialty chemicals company’s stock after purchasing an additional 51,187 shares during the quarter. Natixis Advisors LLC owned approximately 0.15% of Axalta Coating Systems worth $10,319,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Covestor Ltd grew its position in shares of Axalta Coating Systems by 197.7% in the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 603 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Axalta Coating Systems in the fourth quarter valued at approximately $30,000. IFP Advisors Inc grew its position in shares of Axalta Coating Systems by 65.9% in the fourth quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after purchasing an additional 577 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Axalta Coating Systems by 42.9% in the fourth quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 504 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of Axalta Coating Systems by 339.7% in the third quarter. Allworth Financial LP now owns 2,405 shares of the specialty chemicals company’s stock valued at $69,000 after purchasing an additional 1,858 shares during the last quarter. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AXTA. The Goldman Sachs Group set a $36.00 price target on shares of Axalta Coating Systems in a research report on Friday, May 1st. Mizuho lowered their price target on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Wells Fargo & Company lowered shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $39.00 to $30.00 in a research report on Friday, April 10th. KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Four research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Axalta Coating Systems has an average rating of “Hold” and an average price target of $34.31.

Axalta Coating Systems Stock Up 1.3%

Shares of NYSE AXTA opened at $32.20 on Friday. Axalta Coating Systems Ltd. has a 1 year low of $24.94 and a 1 year high of $35.72. The firm’s 50 day moving average price is $28.73 and its 200 day moving average price is $30.55. The firm has a market cap of $6.89 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 1.68 and a beta of 1.25. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 2.10.

Axalta Coating Systems (NYSE:AXTA) last announced its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business earned $0.59 earnings per share. Axalta Coating Systems’s revenue was down .6% compared to the same quarter last year. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. As a group, sell-side analysts anticipate that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current year.

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.