Zurcher Kantonalbank Zurich Cantonalbank Purchases 117,666 Shares of Axalta Coating Systems Ltd. $AXTA

Key Points

• Zurcher Kantonalbank boosted its Axalta stake by 202.5%, purchasing 117,666 shares to hold 175,774 shares (about 0.08% of the company) valued at $5.679 million.
• Axalta slightly missed Q4 estimates with $0.59 EPS vs. $0.60 expected and $1.26B revenue vs. $1.27B (revenue down 3.7% YoY), set Q1 2026 guidance at $0.50 EPS, and carries an average analyst rating of Hold with a $35.40 consensus target price.

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 202.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 175,774 shares of the specialty chemicals company's stock after buying an additional 117,666 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.08% of Axalta Coating Systems worth $5,679,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC raised its stake in Axalta Coating Systems by 4.2% during the third quarter. Global Retirement Partners LLC now owns 11,478 shares of the specialty chemicals company's stock worth $328,000 after buying an additional 464 shares during the last quarter. GAMMA Investing LLC raised its stake in Axalta Coating Systems by 42.9% during the fourth quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company's stock worth $54,000 after buying an additional 504 shares during the last quarter. Park Avenue Securities LLC raised its stake in Axalta Coating Systems by 2.2% during the fourth quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company's stock worth $863,000 after buying an additional 576 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Axalta Coating Systems by 7.1% in the third quarter. TD Private Client Wealth LLC now owns 10,995 shares of the specialty chemicals company's stock worth $315,000 after purchasing an additional 729 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new stake in Axalta Coating Systems in the fourth quarter worth $30,000. Institutional investors own 98.28% of the company's stock.

Axalta Coating Systems Trading Up 1.3%

AXTA opened at $29.72 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. Axalta Coating Systems Ltd. has a fifty-two week low of $24.94 and a fifty-two week high of $35.72. The firm has a market capitalization of $6.36 billion, a PE ratio of 17.08, a P/E/G ratio of 1.26 and a beta of 1.33. The company's 50-day moving average is $29.53 and its 200 day moving average is $30.37.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last posted its earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The company's revenue was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, research analysts predict that Axalta Coating Systems Ltd. will post 2.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Citigroup reduced their price target 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. Royal Bank Of Canada raised their price target on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the stock a "sector perform" rating in a report on Thursday, February 12th. The Goldman Sachs Group raised their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. UBS Group reduced their price target on shares of Axalta Coating Systems from $36.00 to $31.00 and set a "neutral" rating for the company in a report on Thursday, April 2nd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $35.40.

About Axalta Coating Systems

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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