Axis Capital Holdings Limited $AXS Stock Holdings Reduced by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund reduced its position in Axis Capital Holdings Limited (NYSE:AXS) by 10.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,337 shares of the insurance provider’s stock after selling 6,012 shares during the period. Illinois Municipal Retirement Fund owned about 0.07% of Axis Capital worth $5,014,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Axis Capital in the 3rd quarter valued at approximately $29,000. Smithfield Trust Co lifted its stake in Axis Capital by 94.0% in the second quarter. Smithfield Trust Co now owns 293 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 142 shares during the last quarter. AlphaCore Capital LLC bought a new stake in Axis Capital in the second quarter worth approximately $37,000. Elevation Point Wealth Partners LLC bought a new stake in Axis Capital in the second quarter worth approximately $41,000. Finally, Allworth Financial LP increased its stake in shares of Axis Capital by 145.1% during the 2nd quarter. Allworth Financial LP now owns 581 shares of the insurance provider’s stock worth $60,000 after purchasing an additional 344 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AXS shares. Weiss Ratings lowered shares of Axis Capital from a “buy (a-)” rating to a “buy (b)” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group restated a “neutral” rating and set a $110.00 target price on shares of Axis Capital in a report on Wednesday, January 7th. Bank of America decreased their price target on Axis Capital from $119.00 to $115.00 and set a “neutral” rating for the company in a research note on Thursday, January 29th. Roth Mkm reissued a “buy” rating and set a $120.00 price objective on shares of Axis Capital in a report on Thursday, January 29th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $122.00 price objective on shares of Axis Capital in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $124.00.

Key Stories Impacting Axis Capital

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: Zacks raised multiple near‑term and full‑year forecasts: Q1 2026 to $3.06 (from $2.93), Q1 2027 to $3.49 (from $3.18), Q2 2026 to $3.09, Q3 2026 to $3.29, Q4 2026 to $3.41, FY2026 to $12.85 (from $12.65), FY2027 to $13.79 (from $13.70) and FY2028 to $15.01. These upward revisions suggest Zacks sees stronger underwriting/investment momentum and support a more constructive outlook for AXS. Zacks Research Estimate Changes
• Neutral Sentiment: Zacks published a broad refresh of quarterly models across 2026–2028 (a mixture of small tweaks and new longer‑range forecasts). Some moves appear to be model updates rather than a clear directional signal — watch for company commentary or actual quarterly results to confirm the trend. Zacks Research Estimate Changes
• Negative Sentiment: Zacks cut longer‑dated quarterly estimates: Q4 2027 was lowered materially to $3.35 (from $3.85) and Q3 2027 trimmed to $3.55 (from $3.60). The Q4 2027 reduction is the clearest headwind in this package and could weigh on near‑term investor sentiment until company results or reserve commentary clarify drivers. Zacks Research Estimate Changes

Axis Capital Trading Up 0.6%

Axis Capital stock opened at $101.75 on Friday. Axis Capital Holdings Limited has a 52 week low of $84.81 and a 52 week high of $110.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market capitalization of $7.84 billion, a PE ratio of 8.21, a PEG ratio of 3.04 and a beta of 0.63. The business’s 50-day simple moving average is $104.17 and its 200-day simple moving average is $99.37.

Axis Capital (NYSE:AXS) last released its earnings results on Wednesday, January 28th. The insurance provider reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.97 by $0.28. Axis Capital had a return on equity of 18.90% and a net margin of 15.37%.The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the firm posted $3.38 EPS. The company’s revenue was up 17.8% on a year-over-year basis. Equities research analysts forecast that Axis Capital Holdings Limited will post 11.19 earnings per share for the current year.

Axis Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.44 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.76 annualized dividend and a dividend yield of 1.7%. Axis Capital’s payout ratio is presently 14.21%.

Axis Capital Profile

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.