Capstone Investment Advisors LLC Takes $17.11 Million Position in Axalta Coating Systems Ltd. $AXTA

Key Points

• Capstone Investment Advisors purchased 500,000 Axalta shares worth approximately $17.11 million, while institutional investors collectively own 98.28% of the company.
• Axalta exceeded quarterly expectations, reporting $0.72 EPS versus the $0.65 consensus and $1.35 billion in revenue, up 3.1% year over year. The company maintained fiscal 2026 EPS guidance of $2.55–$2.70.
• AXTA shares opened at $36.72, near the analyst consensus target of $36.00; coverage remains cautious, with four Buy ratings and eleven Hold ratings.

Capstone Investment Advisors LLC bought a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 500,000 shares of the specialty chemicals company's stock, valued at approximately $17,110,000. Capstone Investment Advisors LLC owned about 0.23% of Axalta Coating Systems as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Axalta Coating Systems in the second quarter valued at approximately $668,541,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Axalta Coating Systems during the 2nd quarter worth approximately $599,029,000. Artisan Partners Limited Partnership raised its stake in shares of Axalta Coating Systems by 887.2% during the 4th quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company's stock worth $406,328,000 after purchasing an additional 11,301,977 shares in the last quarter. Lakewood Capital Management LP bought a new stake in shares of Axalta Coating Systems during the 2nd quarter worth approximately $117,157,000. Finally, Channing Capital Management LLC boosted its holdings in shares of Axalta Coating Systems by 672.6% in the 4th quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company's stock valued at $98,157,000 after buying an additional 2,644,783 shares during the last quarter. Institutional investors own 98.28% of the company's stock.

Axalta Coating Systems Price Performance

Shares of Axalta Coating Systems stock opened at $36.72 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 1.81 and a beta of 1.24. Axalta Coating Systems Ltd. has a twelve month low of $24.94 and a twelve month high of $38.61. The company has a 50-day simple moving average of $34.91 and a two-hundred day simple moving average of $31.74.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last announced its 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 firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the business posted $0.64 EPS. The business'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. Analysts forecast that Axalta Coating Systems Ltd. will post 2.63 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AXTA shares. Royal Bank Of Canada raised their target price on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 8th. Wall Street Zen cut shares of Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a research note on Monday, August 10th. Citigroup assumed coverage on shares of Axalta Coating Systems in a research report on Thursday, June 4th. They issued a "buy" rating and a $44.00 price objective for the company. 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. Finally, Robert W. Baird boosted their price objective on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, Axalta Coating Systems presently has a consensus rating of "Hold" and a consensus target price of $36.00.

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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