Capricorn Fund Managers Ltd Purchases Shares of 80,000 Axalta Coating Systems Ltd. $AXTA

Key Points

• Capricorn Fund Managers opened a new position of 80,000 shares in Axalta during Q4 (about $2.585M), and institutional investors now own 98.28% of the stock.
• Axalta slightly missed Q4 estimates with EPS $0.59 vs. $0.60 and revenue $1.26B vs. $1.27B (revenue down 3.7% YoY), and it set Q1 guidance at $0.50 EPS.
• Wall Street's consensus is a "Hold" with an average target of $36.13, versus the recent price around $26.80, implying analyst-valued upside.

Capricorn Fund Managers Ltd acquired a new position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 80,000 shares of the specialty chemicals company's stock, valued at approximately $2,585,000.

Several other large investors have also made changes to their positions in the company. True Wealth Design LLC boosted its holdings in Axalta Coating Systems by 1,533.6% in the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company's stock valued at $51,000 after acquiring an additional 1,687 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Axalta Coating Systems by 42.9% in the 4th quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company's stock worth $54,000 after purchasing an additional 504 shares during the period. Allworth Financial LP raised its holdings in shares of Axalta Coating Systems by 339.7% in the 3rd quarter. Allworth Financial LP now owns 2,405 shares of the specialty chemicals company's stock worth $69,000 after purchasing an additional 1,858 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 2,758 shares in the last quarter. Finally, State of Wyoming lifted its stake in shares of Axalta Coating Systems by 28.0% in the 3rd quarter. State of Wyoming now owns 5,360 shares of the specialty chemicals company's stock valued at $153,000 after purchasing an additional 1,174 shares in the last quarter. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Stock Performance

Axalta Coating Systems stock opened at $26.80 on Monday. The firm has a market capitalization of $5.72 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. Axalta Coating Systems Ltd. has a one year low of $24.94 and a one year high of $35.72. The stock's 50 day moving average price is $31.05 and its 200 day moving average price is $30.40. 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 (NYSE:AXTA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned $0.60 EPS. The firm's revenue was down 3.7% compared to the same quarter last year. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, sell-side analysts expect that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AXTA. Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Mizuho reduced their price target on shares of Axalta Coating Systems from $39.00 to $32.00 and set an "outperform" rating on the stock in a research report on Monday, March 23rd. UBS Group decreased their price objective on shares of Axalta Coating Systems from $36.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday. Vertical Research lowered shares of Axalta Coating Systems from a "buy" rating to a "hold" rating in a research report on Wednesday, January 7th. Finally, BMO Capital Markets restated a "market perform" rating and set a $35.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $36.13.

Axalta Coating Systems Company 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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