AxaltaAXTA
Market Cap: 7.69B
About: Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Employees: 12,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 7 (+4) [Q1 2024]
14% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $18.9M
12% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 121
1% more capital invested
Capital invested by funds: $7.35B [Q4 2023] → $7.44B (+$91.2M) [Q1 2024]
0.02% less ownership
Funds ownership: 98.31% [Q4 2023] → 98.29% (-0.02%) [Q1 2024]
1% less funds holding
Funds holding: 360 [Q4 2023] → 357 (-3) [Q1 2024]
6% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 49
Research analyst outlook
11 Wall Street Analysts provided 1 year price forecasts over the past 6 months
11 analyst ratings
UBS Joshua Spector | 9%upside $38 | Neutral Maintained | 9 Jul 2024 |
Mizuho John Roberts | 18%upside $41 | Buy Maintained | 21 May 2024 |
RBC Capital Arun Viswanathan | 20%upside $42 | Outperform Maintained | 3 May 2024 |
Keybanc Aleksey Yefremov | 15%upside $40 | Overweight Maintained | 2 May 2024 |
JP Morgan Jeffrey Zekauskas | 15%upside $40 | Overweight Maintained | 2 May 2024 |
Financial journalist opinion
Based on 7 articles about AXTA published over the past 30 days