Dimensional Fund Advisors LP Increases Holdings in Axalta Coating Systems Ltd. $AXTA

Key Points

• Dimensional Fund Advisors raised its stake in Axalta by 18% to 5,095,897 shares (about 2.39% ownership) valued at roughly $145.8M, and other institutions including AQR, Thrivent and Qube also materially increased or initiated positions, leaving institutional investors with 98.28% of the stock.
• Axalta slightly missed the quarter (EPS $0.59 vs. $0.60; revenue $1.26B vs. $1.27B) with revenue down 3.7% year‑over‑year, and analysts have a consensus Hold rating with an average price target of $36.56 (Goldman Sachs at $40, 7 Buys vs. 12 Holds).

Dimensional Fund Advisors LP lifted its holdings in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 18.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,095,897 shares of the specialty chemicals company's stock after acquiring an additional 778,222 shares during the period. Dimensional Fund Advisors LP owned 2.39% of Axalta Coating Systems worth $145,829,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Ilex Capital Partners UK LLP bought a new stake in Axalta Coating Systems during the 2nd quarter valued at approximately $60,571,000. AQR Capital Management LLC boosted its stake in Axalta Coating Systems by 301.6% in the 2nd quarter. AQR Capital Management LLC now owns 2,319,863 shares of the specialty chemicals company's stock worth $68,877,000 after purchasing an additional 1,742,203 shares during the period. Thrivent Financial for Lutherans grew its holdings in Axalta Coating Systems by 423.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,022,606 shares of the specialty chemicals company's stock valued at $57,887,000 after buying an additional 1,636,395 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in Axalta Coating Systems by 44.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,535,462 shares of the specialty chemicals company's stock valued at $104,968,000 after buying an additional 1,085,466 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Axalta Coating Systems during the second quarter valued at approximately $31,708,000. Hedge funds and other institutional investors own 98.28% of the company's stock.

Axalta Coating Systems Trading Down 0.7%

AXTA stock opened at $29.10 on Wednesday. The firm has a fifty day moving average price of $33.18 and a 200 day moving average price of $30.91. Axalta Coating Systems Ltd. has a fifty-two week low of $26.28 and a fifty-two week high of $35.72. The firm has a market cap of $6.21 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.29 and a beta of 1.29. 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 released its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The company's revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Sell-side analysts anticipate that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AXTA. Royal Bank Of Canada upped their target price on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 12th. The Goldman Sachs Group lifted their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. Vertical Research cut shares of Axalta Coating Systems from a "buy" rating to a "hold" rating in a research note on Wednesday, January 7th. Citigroup increased their price objective on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the company a "buy" rating in a report on Thursday, December 18th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Axalta Coating Systems in a research report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target 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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