Leeward Investments LLC MA Purchases 323,314 Shares of Axalta Coating Systems Ltd. $AXTA

Leeward Investments LLC MA lifted its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) by 74.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 758,718 shares of the specialty chemicals company’s stock after acquiring an additional 323,314 shares during the period. Axalta Coating Systems makes up about 1.2% of Leeward Investments LLC MA’s portfolio, making the stock its 13th largest holding. Leeward Investments LLC MA’s holdings in Axalta Coating Systems were worth $24,514,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Verdence Capital Advisors LLC lifted its holdings in shares of Axalta Coating Systems by 2.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 17,166 shares of the specialty chemicals company’s stock worth $555,000 after acquiring an additional 330 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Axalta Coating Systems by 42.9% during the 4th quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock worth $54,000 after acquiring an additional 504 shares during the period. Park Avenue Securities LLC lifted its holdings in shares of Axalta Coating Systems by 2.2% during the 4th quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company’s stock worth $863,000 after acquiring an additional 576 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Axalta Coating Systems by 7.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,995 shares of the specialty chemicals company’s stock worth $315,000 after acquiring an additional 729 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Axalta Coating Systems by 31.9% during the 4th quarter. Allworth Financial LP now owns 3,173 shares of the specialty chemicals company’s stock worth $103,000 after acquiring an additional 768 shares during the period. Institutional investors own 98.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on AXTA shares. Mizuho dropped their price objective on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. BMO Capital Markets reissued a “market perform” rating and issued a $35.00 price objective on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Royal Bank Of Canada dropped their price objective on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $34.15.

Axalta Coating Systems Price Performance

Shares of NYSE:AXTA opened at $28.19 on Friday. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.46 and a beta of 1.24. 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 firm has a 50 day simple moving average of $28.20 and a 200 day simple moving average of $30.45. Axalta Coating Systems Ltd. has a one year low of $24.94 and a one year high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the company posted $0.59 EPS. The company’s revenue was down .6% on a year-over-year basis. 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. Research analysts predict that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current fiscal year.

Axalta Coating Systems Company Profile

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.