65,000 Shares in Axalta Coating Systems Ltd. $AXTA Bought by Slotnik Capital LLC

Slotnik Capital LLC bought a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 65,000 shares of the specialty chemicals company’s stock, valued at approximately $2,100,000. Axalta Coating Systems makes up about 0.5% of Slotnik Capital LLC’s portfolio, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Axalta Coating Systems by 11.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock worth $564,035,000 after acquiring an additional 1,815,715 shares in the last quarter. Millennium Management LLC boosted its stake in Axalta Coating Systems by 475.3% during the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after acquiring an additional 6,475,786 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Axalta Coating Systems by 36.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,941,250 shares of the specialty chemicals company’s stock worth $224,282,000 after acquiring an additional 1,845,353 shares in the last quarter. AQR Capital Management LLC boosted its stake in Axalta Coating Systems by 64.9% during the third quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock worth $107,739,000 after acquiring an additional 1,506,083 shares in the last quarter. Finally, Channing Capital Management LLC boosted its stake in Axalta Coating Systems by 672.6% during the fourth quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock worth $98,157,000 after acquiring an additional 2,644,783 shares in the last quarter. 98.28% of the stock is owned by institutional investors.

Axalta Coating Systems Price Performance

AXTA opened at $33.79 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 19.76, a P/E/G ratio of 1.73 and a beta of 1.25. The firm’s fifty day moving average price is $29.40 and its two-hundred day moving average price is $30.72. Axalta Coating Systems Ltd. has a 1 year low of $24.94 and a 1 year high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data 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. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.59 EPS. 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, analysts anticipate that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on AXTA. Citigroup assumed coverage on shares of Axalta Coating Systems in a research note on Thursday, June 4th. They set a “buy” rating and a $44.00 target price on the stock. Mizuho reduced their price target on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Royal Bank Of Canada reduced their price target on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. Wells Fargo & Company downgraded shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $39.00 to $30.00 in a research report on Friday, April 10th. Finally, The Goldman Sachs Group set a $36.00 price target on shares of Axalta Coating Systems in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Axalta Coating Systems currently has an average rating of “Hold” and an average target price of $34.31.

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.