Mirabella Financial Services LLP Sells 51,611 Shares of Axis Capital Holdings Limited $AXS

Mirabella Financial Services LLP cut its holdings in shares of Axis Capital Holdings Limited (NYSE:AXS) by 31.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,494 shares of the insurance provider’s stock after selling 51,611 shares during the period. Axis Capital comprises approximately 0.9% of Mirabella Financial Services LLP’s portfolio, making the stock its 20th largest position. Mirabella Financial Services LLP’s holdings in Axis Capital were worth $10,873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Axis Capital during the second quarter valued at $100,683,000. Freestone Grove Partners LP bought a new stake in shares of Axis Capital in the third quarter worth $56,705,000. Altrinsic Global Advisors LLC grew its stake in shares of Axis Capital by 47.7% in the second quarter. Altrinsic Global Advisors LLC now owns 1,817,204 shares of the insurance provider’s stock worth $188,662,000 after purchasing an additional 586,576 shares during the last quarter. Millennium Management LLC increased its holdings in Axis Capital by 374.7% in the third quarter. Millennium Management LLC now owns 553,565 shares of the insurance provider’s stock valued at $53,032,000 after purchasing an additional 436,944 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Axis Capital by 12.9% in the second quarter. AQR Capital Management LLC now owns 3,716,201 shares of the insurance provider’s stock valued at $383,698,000 after purchasing an additional 425,790 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the company. Wells Fargo & Company cut their target price on Axis Capital from $124.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, January 30th. UBS Group reissued a “buy” rating on shares of Axis Capital in a research note on Monday, February 2nd. Weiss Ratings upgraded Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Tuesday. Royal Bank Of Canada lifted their price objective on Axis Capital from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Finally, Bank of America decreased their target price on shares of Axis Capital from $119.00 to $115.00 and set a “neutral” rating for the company in a research report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.00.

Axis Capital Stock Performance

Shares of AXS opened at $101.65 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.24. The firm’s fifty day simple moving average is $102.83 and its two-hundred day simple moving average is $100.42. Axis Capital Holdings Limited has a 12 month low of $84.81 and a 12 month high of $110.34. The stock has a market capitalization of $7.52 billion, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 2.03 and a beta of 0.61.

Axis Capital (NYSE:AXS) last posted its quarterly earnings data on Wednesday, January 28th. The insurance provider reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.28. Axis Capital had a return on equity of 18.72% and a net margin of 15.37%.The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the company posted $3.38 EPS. The business’s quarterly revenue was up 17.8% on a year-over-year basis. As a group, analysts predict that Axis Capital Holdings Limited will post 11.19 EPS for the current year.

Axis Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, March 31st. Axis Capital’s payout ratio is presently 14.21%.

Key Stories Impacting Axis Capital

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

• Positive Sentiment: Zacks raised 2026 quarterly and full‑year EPS: Q1 2026 to $3.17 (from $3.07), Q2 2026 to $3.18 (from $3.13), Q3 2026 to $3.36 (from $3.30), Q4 2026 to $3.47 (from $3.43) and lifted FY2026 to $13.19 (from $12.94). This signals near‑term earnings upside versus prior forecasts. Zacks 2026 estimate upgrades
• Positive Sentiment: Zacks also boosted 2027 quarterly and full‑year estimates: Q2 2027 to $3.47 (from $3.43), Q3 2027 to $3.64 (from $3.61), Q4 2027 to $3.43 and raised FY2027 to $13.94 (from $13.79). These revisions imply continued margin/earnings improvement into FY2027. Zacks 2027 estimate upgrades
• Positive Sentiment: Zacks nudged FY2028 to $15.03 (from $15.01), a modest increase that rounds out a multi‑year upward revision trend and supports a higher earnings runway. Zacks FY2028 revision

About Axis Capital

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.