Massachusetts Financial Services Co. MA Cuts Holdings in Axalta Coating Systems Ltd. $AXTA

Key Points

• Massachusetts Financial Services Co. sold 941,601 shares in Q4, cutting its stake by 24.1% to 2,965,119 shares (about 1.39% of Axalta) valued at roughly $95.8 million.
• Axalta reported Q4 EPS of $0.59, missing estimates by $0.01 with revenue down 3.7% year-over-year, and set Q1 2026 guidance at an EPS of 0.50; analysts expect about 2.55 EPS for the fiscal year.
• The stock trades near $28.59 with a market cap of about $6.1 billion, a consensus analyst rating of Hold and a consensus price target of $35.40, while institutional ownership is roughly 98.28%.

Massachusetts Financial Services Co. MA decreased its position in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 24.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,965,119 shares of the specialty chemicals company's stock after selling 941,601 shares during the period. Massachusetts Financial Services Co. MA owned about 1.39% of Axalta Coating Systems worth $95,803,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jackson Thornton Wealth Management LLC purchased a new position in Axalta Coating Systems in the fourth quarter valued at $218,000. Oak Thistle LLC purchased a new position in Axalta Coating Systems in the fourth quarter valued at $863,000. Aaron Wealth Advisors LLC purchased a new position in Axalta Coating Systems in the fourth quarter valued at $664,000. Capricorn Fund Managers Ltd purchased a new position in Axalta Coating Systems in the fourth quarter valued at $2,585,000. Finally, Perpetual Ltd increased its holdings in Axalta Coating Systems by 29.3% in the fourth quarter. Perpetual Ltd now owns 1,186,312 shares of the specialty chemicals company's stock valued at $38,330,000 after buying an additional 268,552 shares in the last quarter. Hedge funds and other institutional investors own 98.28% of the company's stock.

Axalta Coating Systems Stock Down 0.9%

Shares of NYSE AXTA opened at $28.59 on Tuesday. The company's 50-day simple moving average is $30.34 and its 200-day simple moving average is $30.33. Axalta Coating Systems Ltd. has a 52-week low of $24.94 and a 52-week high of $35.72. The firm has a market cap of $6.10 billion, a price-to-earnings ratio of 16.43, a price-to-earnings-growth ratio of 1.27 and a beta of 1.33. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last announced its earnings results 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 company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the business earned $0.60 EPS. The firm's revenue for the quarter 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. Equities analysts predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Robert W. Baird set a $37.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. KeyCorp reaffirmed a "sector weight" rating on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Citigroup cut their price objective on shares of Axalta Coating Systems from $45.00 to $42.00 and set a "buy" rating for the company in a report on Wednesday, April 1st. Finally, BMO Capital Markets reiterated a "market perform" rating and issued a $35.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, Axalta Coating Systems currently has a consensus rating of "Hold" and a consensus price target of $35.40.

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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