77,500 Shares in Axalta Coating Systems Ltd. $AXTA Acquired by Mint Tower Capital Management B.V.

Mint Tower Capital Management B.V. bought a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 77,500 shares of the specialty chemicals company’s stock, valued at approximately $2,504,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Aviva PLC bought a new position in Axalta Coating Systems during the 4th quarter valued at about $307,000. Caerus Investment Advisors LLC lifted its holdings in Axalta Coating Systems by 50.9% during the 4th quarter. Caerus Investment Advisors LLC now owns 12,585 shares of the specialty chemicals company’s stock valued at $407,000 after purchasing an additional 4,246 shares during the last quarter. Qtron Investments LLC bought a new position in Axalta Coating Systems during the 4th quarter valued at about $499,000. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Axalta Coating Systems by 11.6% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock valued at $564,035,000 after purchasing an additional 1,815,715 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in Axalta Coating Systems during the 4th quarter valued at about $78,000. 98.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AXTA has been the subject of several analyst reports. Mizuho cut 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 report on Monday, March 23rd. Wells Fargo & Company downgraded Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $39.00 to $30.00 in a research report on Friday, April 10th. Citigroup initiated coverage on Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price objective for the company. UBS Group lifted their price objective on Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada cut their price objective on 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. Four equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $34.31.

Axalta Coating Systems Trading Up 1.8%

AXTA opened at $32.69 on Friday. 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 cap of $7.00 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 1.68 and a beta of 1.25. The firm has a 50 day simple moving average of $29.15 and a 200 day simple moving average of $30.67. Axalta Coating Systems Ltd. has a fifty-two week low of $24.94 and a fifty-two week high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. The business had revenue of $1.25 billion during 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%. Axalta Coating Systems’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 posted $0.59 earnings per share. 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. On average, sell-side analysts anticipate that Axalta Coating Systems Ltd. will post 2.58 earnings per share for the current year.

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.