Westwood Holdings Group Inc. Has $21.29 Million Stock Holdings in Axalta Coating Systems Ltd. $AXTA

Westwood Holdings Group Inc. grew its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 22.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 717,059 shares of the specialty chemicals company’s stock after acquiring an additional 130,347 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Axalta Coating Systems were worth $21,289,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. lifted its position in shares of Axalta Coating Systems by 29.8% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 7,250,351 shares of the specialty chemicals company’s stock worth $240,494,000 after purchasing an additional 1,663,261 shares in the last quarter. Wellington Management Group LLP grew its position in Axalta Coating Systems by 2.0% in the first quarter. Wellington Management Group LLP now owns 6,730,406 shares of the specialty chemicals company’s stock valued at $223,248,000 after purchasing an additional 132,234 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Axalta Coating Systems by 6.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,140,945 shares of the specialty chemicals company’s stock valued at $137,344,000 after buying an additional 266,907 shares during the last quarter. Geode Capital Management LLC lifted its position in Axalta Coating Systems by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,849,202 shares of the specialty chemicals company’s stock worth $114,301,000 after buying an additional 11,749 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in Axalta Coating Systems by 44.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company’s stock worth $104,968,000 after buying an additional 1,085,466 shares in the last quarter. 98.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AXTA shares. Vertical Research set a $37.00 price objective on Axalta Coating Systems and gave the company a “buy” rating in a report on Wednesday, October 15th. Evercore ISI restated an “in-line” rating and issued a $32.00 price target (down from $47.00) on shares of Axalta Coating Systems in a research note on Thursday, October 2nd. Zacks Research raised Axalta Coating Systems from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company increased their price objective on Axalta Coating Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Axalta Coating Systems presently has a consensus rating of “Moderate Buy” and an average price target of $36.06.

Axalta Coating Systems Price Performance

Shares of NYSE AXTA opened at $31.13 on Monday. The company has a quick ratio of 1.59, a current ratio of 2.20 and a debt-to-equity ratio of 1.45. The business’s 50 day moving average price is $28.74 and its two-hundred day moving average price is $29.59. The company has a market cap of $6.64 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. Axalta Coating Systems Ltd. has a twelve month low of $26.28 and a twelve month high of $38.81.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results on Tuesday, October 28th. The specialty chemicals company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.64 by $0.03. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 8.81%.The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 EPS. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS and its FY 2025 guidance at 2.500-2.500 EPS. On average, analysts predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current year.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.