London Co. of Virginia Trims Stock Holdings in Axalta Coating Systems Ltd. $AXTA

London Co. of Virginia lowered its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,332,104 shares of the specialty chemicals company’s stock after selling 25,698 shares during the period. London Co. of Virginia owned 0.62% of Axalta Coating Systems worth $38,125,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Jain Global LLC purchased a new position in shares of Axalta Coating Systems in the third quarter valued at $945,000. Holocene Advisors LP lifted its holdings in Axalta Coating Systems by 1,872.8% during the 3rd quarter. Holocene Advisors LP now owns 734,348 shares of the specialty chemicals company’s stock worth $21,017,000 after purchasing an additional 697,124 shares in the last quarter. Gotham Asset Management LLC lifted its holdings in Axalta Coating Systems by 90.7% during the 3rd quarter. Gotham Asset Management LLC now owns 154,227 shares of the specialty chemicals company’s stock worth $4,414,000 after purchasing an additional 73,348 shares in the last quarter. Focus Partners Wealth boosted its stake in Axalta Coating Systems by 98.8% in the 3rd quarter. Focus Partners Wealth now owns 18,468 shares of the specialty chemicals company’s stock worth $543,000 after purchasing an additional 9,177 shares during the period. Finally, California Public Employees Retirement System grew its holdings in Axalta Coating Systems by 2.9% during the 3rd quarter. California Public Employees Retirement System now owns 427,258 shares of the specialty chemicals company’s stock valued at $12,228,000 after buying an additional 11,966 shares in the last quarter. 98.28% of the stock is owned by institutional investors.

Axalta Coating Systems Stock Performance

Shares of AXTA opened at $27.96 on Tuesday. The company has a market cap of $5.96 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 1.21 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 stock has a 50-day moving average price of $32.80 and a 200-day moving average price of $30.82. Axalta Coating Systems Ltd. has a 12-month low of $26.28 and a 12-month high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter last year, the company posted $0.60 earnings per share. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, equities analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AXTA shares. UBS Group reissued a “neutral” rating and issued a $36.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Mizuho set a $39.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $35.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Axalta Coating Systems has a consensus rating of “Hold” and an average price target of $36.56.

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.