EFG International AG Invests $1.55 Million in Axalta Coating Systems Ltd. $AXTA

EFG International AG purchased a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,222 shares of the specialty chemicals company’s stock, valued at approximately $1,548,000.

Several other institutional investors have also recently added to or reduced their stakes in AXTA. Covestor Ltd grew its holdings in Axalta Coating Systems by 197.7% during the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 603 shares in the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Axalta Coating Systems during the first quarter worth about $30,000. Summit Securities Group LLC bought a new position in shares of Axalta Coating Systems during the fourth quarter worth about $32,000. Los Angeles Capital Management LLC bought a new stake in Axalta Coating Systems in the fourth quarter valued at about $35,000. Finally, IFP Advisors Inc raised its stake in Axalta Coating Systems by 65.9% during the fourth quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 577 shares in the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on AXTA. Wall Street Zen lowered Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 10th. BMO Capital Markets raised their price objective on Axalta Coating Systems from $35.00 to $39.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 29th. Mizuho lifted their price objective on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Weiss Ratings raised shares of Axalta Coating Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Finally, Royal Bank Of Canada raised their price target on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Axalta Coating Systems presently has a consensus rating of “Hold” and a consensus target price of $36.00.

Axalta Coating Systems Trading Up 0.6%

Shares of NYSE:AXTA opened at $36.61 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average price is $34.87 and its 200 day moving average price is $31.72. The company has a market cap of $7.84 billion, a PE ratio of 22.60, a P/E/G ratio of 1.80 and a beta of 1.24. Axalta Coating Systems Ltd. has a fifty-two week low of $24.94 and a fifty-two week high of $38.61.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.65 by $0.07. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. Axalta Coating Systems’s quarterly revenue was up 3.1% on a year-over-year basis. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. Sell-side analysts anticipate that Axalta Coating Systems Ltd. will post 2.63 earnings per share for the current year.

Axalta Coating Systems 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.