Axalta Coating Systems Ltd. $AXTA Shares Purchased by Magnetar Financial LLC

Key Points

• Magnetar Financial boosted its Axalta stake by 75.3% in Q3, buying 80,587 shares to hold 187,581 shares worth about $5.37M (roughly 0.09% of the company), while institutional investors collectively own ~98.28% of the stock.
• Axalta missed quarterly EPS by $0.01 ($0.59 vs. $0.60) and reported revenue down 3.7% year-over-year to $1.26B, with Q1 2026 EPS guidance of $0.50; the stock trades near $28.34 (market cap $6.05B, P/E 16.29) and carries a consensus analyst rating of Hold with an average target of $36.56.

Magnetar Financial LLC increased its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 75.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 187,581 shares of the specialty chemicals company's stock after acquiring an additional 80,587 shares during the period. Magnetar Financial LLC owned approximately 0.09% of Axalta Coating Systems worth $5,369,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. True Wealth Design LLC grew its holdings in shares of Axalta Coating Systems by 1,533.6% during the 3rd quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company's stock worth $51,000 after purchasing an additional 1,687 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Axalta Coating Systems by 371.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the specialty chemicals company's stock valued at $104,000 after buying an additional 2,758 shares during the period. State of Wyoming lifted its position in Axalta Coating Systems by 28.0% in the third quarter. State of Wyoming now owns 5,360 shares of the specialty chemicals company's stock valued at $153,000 after buying an additional 1,174 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Axalta Coating Systems by 1,404.3% in the third quarter. Hantz Financial Services Inc. now owns 7,040 shares of the specialty chemicals company's stock valued at $201,000 after buying an additional 6,572 shares during the last quarter. Finally, Entropy Technologies LP purchased a new position in Axalta Coating Systems during the second quarter worth about $216,000. Institutional investors and hedge funds own 98.28% of the company's stock.

Axalta Coating Systems Stock Down 2.6%

Shares of AXTA opened at $28.34 on Thursday. The company's 50-day simple moving average is $33.10 and its 200-day simple moving average is $30.90. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.50 and a current ratio of 2.06. Axalta Coating Systems Ltd. has a 1 year low of $26.28 and a 1 year high of $35.72. The stock has a market capitalization of $6.05 billion, a PE ratio of 16.29, a P/E/G ratio of 1.28 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). Axalta Coating Systems had a net margin of 7.39% and a return on equity of 23.60%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the firm posted $0.60 EPS. The company's revenue for the quarter was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AXTA shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Axalta Coating Systems in a research report on Wednesday, January 21st. Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Royal Bank Of Canada lifted their target price on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a "sector perform" rating in a report on Thursday, February 12th. The Goldman Sachs Group boosted their target price on Axalta Coating Systems from $36.00 to $40.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Finally, UBS Group restated a "neutral" rating and set a $36.00 price target on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, Axalta Coating Systems currently has a consensus rating of "Hold" and an average target price of $36.56.

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.

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