AxaltaAXTA
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 Q2 SEC filings by fund managers ($100M+ AUM)
25% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 44
3% more funds holding
Funds holding: 361 [Q1] → 372 (+11) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 124
2% less capital invested
Capital invested by funds: $7.63B [Q1] → $7.5B (-$128M) [Q2]
1.28% less ownership
Funds ownership: 100.75% [Q1] → 99.47% (-1.28%) [Q2]
13% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $15.1M
43% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 4 (-3) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Arun Viswanathan 57% 1-year accuracy 34 / 60 met price target | 21%upside $44 | Outperform Maintained | 5 Aug 2024 |
JP Morgan Jeffrey Zekauskas 81% 1-year accuracy 26 / 32 met price target | 12%upside $41 | Overweight Maintained | 5 Aug 2024 |
Keybanc Aleksey Yefremov 63% 1-year accuracy 20 / 32 met price target | 21%upside $44 | Overweight Maintained | 2 Aug 2024 |
Baird Ghansham Panjabi 68% 1-year accuracy 15 / 22 met price target | 15%upside $42 | Outperform Maintained | 2 Aug 2024 |
Barclays Michael Leithead 65% 1-year accuracy 13 / 20 met price target | 15%upside $42 | Overweight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 3 articles about AXTA published over the past 30 days