Barrow Hanley Mewhinney & Strauss LLC Takes Position in Axalta Coating Systems Ltd. $AXTA

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 17.5 million Axalta shares valued at approximately $599 million, representing an 8.18% stake and about 1.8% of its portfolio. Institutional investors collectively own 98.28% of AXTA.
• Axalta exceeded quarterly expectations, reporting $0.72 in earnings per share versus the $0.65 consensus and revenue of $1.35 billion. The company maintained fiscal 2026 EPS guidance of $2.55 to $2.70.
• Analyst sentiment remains mixed, with four Buy ratings and eleven Holds; the average price target is $36, while AXTA recently opened at $36.20.

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,505,233 shares of the specialty chemicals company's stock, valued at approximately $599,029,000. Axalta Coating Systems accounts for about 1.8% of Barrow Hanley Mewhinney & Strauss LLC's holdings, making the stock its 14th biggest position. Barrow Hanley Mewhinney & Strauss LLC owned about 8.18% of Axalta Coating Systems at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AXTA. Quantbot Technologies LP bought a new stake in Axalta Coating Systems in the second quarter worth $176,000. Ieq Capital LLC bought a new stake in shares of Axalta Coating Systems in the second quarter worth approximately $342,000. Allworth Financial LP bought a new position in Axalta Coating Systems during the second quarter valued at approximately $77,000. Aurora Investment Counsel purchased a new stake in Axalta Coating Systems in the second quarter worth approximately $1,749,000. Finally, Tocqueville Asset Management L.P. purchased a new stake in Axalta Coating Systems during the 2nd quarter valued at $329,000. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Price Performance

NYSE:AXTA opened at $36.20 on Monday. The stock has a 50 day moving average of $34.71 and a two-hundred day moving average of $31.66. Axalta Coating Systems Ltd. has a 12 month low of $24.94 and a 12 month high of $38.61. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 0.99. The firm has a market cap of $7.75 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 1.79 and a beta of 1.24.

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 for the quarter, topping the consensus estimate of $0.65 by $0.07. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The company's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.64 earnings per share. 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. On average, analysts expect that Axalta Coating Systems Ltd. will post 2.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AXTA shares. Royal Bank Of Canada raised their target price on Axalta Coating Systems from $34.00 to $36.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 8th. UBS Group reissued a "neutral" rating on shares of Axalta Coating Systems in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 3rd. Mizuho raised their target price on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Finally, Citigroup started coverage on shares of Axalta Coating Systems in a research note on Thursday, June 4th. They set a "buy" rating and a $44.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Axalta Coating Systems has an average rating of "Hold" and an average price target of $36.00.

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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