Aurora Investment Counsel Invests $1.75 Million in Axalta Coating Systems Ltd. $AXTA

Key Points

• Aurora Investment Counsel acquired a new $1.75 million stake in Axalta Coating Systems during the second quarter, purchasing 51,119 shares. Institutional investors collectively own 98.28% of the company.
• Axalta reported quarterly EPS of $0.72, exceeding the $0.65 consensus estimate, while revenue rose 3.1% year over year to $1.35 billion. The company issued full-year 2026 EPS guidance of $2.55–$2.70.
• AXTA shares opened at $36.27, up 2.4%, near the analyst consensus target of $36.00. Analysts maintain a consensus “Hold” rating, with four Buy ratings and eleven Holds.

Aurora Investment Counsel acquired a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 51,119 shares of the specialty chemicals company's stock, valued at approximately $1,749,000.

A number of other hedge funds have also made changes to their positions in AXTA. Covestor Ltd grew its holdings in Axalta Coating Systems by 197.7% during the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company's stock worth $29,000 after acquiring an additional 603 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in Axalta Coating Systems in the 1st quarter valued at about $30,000. Summit Securities Group LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at about $32,000. Los Angeles Capital Management LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at about $35,000. Finally, IFP Advisors Inc grew its stake in shares of Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company's stock worth $47,000 after purchasing an additional 577 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company's stock.

Axalta Coating Systems Trading Up 2.4%

NYSE:AXTA opened at $36.27 on Thursday. The stock has a market cap of $7.76 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.75 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. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.53 and a quick ratio of 1.12. The stock's 50-day moving average is $34.59 and its two-hundred day moving average is $31.62.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the firm earned $0.64 earnings per share. The firm's revenue was up 3.1% compared to the same quarter last year. 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. As a group, equities research analysts forecast that Axalta Coating Systems Ltd. will post 2.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on AXTA shares. Robert W. Baird upped their price target on Axalta Coating Systems from $35.00 to $37.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Weiss Ratings upgraded Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. Wall Street Zen lowered Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a research report on Monday, August 10th. The Goldman Sachs Group set a $36.00 target price on Axalta Coating Systems in a report on Friday, May 1st. Finally, UBS Group reiterated a "neutral" rating on shares of Axalta Coating Systems in a report on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, Axalta Coating Systems presently has a consensus rating of "Hold" and a consensus target price of $36.00.

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.

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