Fox Run Management L.L.C. Raises Position in Axis Capital Holdings Limited $AXS

10 Jun 2026, 10:01 by Danessa Lincoln · The Markets Daily

Fox Run Management L.L.C. grew its position in Axis Capital Holdings Limited (NYSE:AXS – Free Report) by 280.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,441 shares of the insurance provider’s stock after purchasing an additional 7,700 shares during the quarter. Fox Run Management L.L.C.’s holdings in Axis Capital were worth $1,118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Johnson Investment Counsel Inc. raised its holdings in shares of Axis Capital by 0.5% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,222,932 shares of the insurance provider’s stock valued at $117,157,000 after purchasing an additional 6,571 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Axis Capital in the 3rd quarter valued at $1,118,000. Vanguard Group Inc. raised its holdings in shares of Axis Capital by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 7,954,373 shares of the insurance provider’s stock valued at $762,029,000 after purchasing an additional 43,901 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Axis Capital by 27.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 439,989 shares of the insurance provider’s stock valued at $47,118,000 after purchasing an additional 95,207 shares in the last quarter. Finally, Causeway Capital Management LLC raised its holdings in shares of Axis Capital by 31.8% in the 3rd quarter. Causeway Capital Management LLC now owns 836,861 shares of the insurance provider’s stock valued at $80,171,000 after purchasing an additional 201,880 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Axis Capital Price Performance

Shares of NYSE:AXS opened at $97.66 on Wednesday. The company’s fifty day moving average price is $99.34 and its 200 day moving average price is $101.79. Axis Capital Holdings Limited has a 12 month low of $88.07 and a 12 month high of $110.34. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market capitalization of $7.20 billion, a P/E ratio of 7.28, a P/E/G ratio of 2.94 and a beta of 0.51.

Axis Capital (NYSE:AXS – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $3.42 EPS for the quarter, topping the consensus estimate of $3.33 by $0.09. Axis Capital had a net margin of 16.00% and a return on equity of 18.12%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same period last year, the business earned $3.17 EPS. Axis Capital’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, sell-side analysts predict that Axis Capital Holdings Limited will post 13.25 earnings per share for the current fiscal year.

Axis Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 1.8%. The ex-dividend date is Tuesday, June 30th. Axis Capital’s dividend payout ratio (DPR) is currently 13.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AXS shares. Keefe, Bruyette & Woods reduced their price objective on shares of Axis Capital from $130.00 to $126.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Weiss Ratings lowered shares of Axis Capital from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, June 4th. Wells Fargo & Company reduced their price objective on shares of Axis Capital from $123.00 to $119.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Bank of America reduced their price objective on shares of Axis Capital from $115.00 to $106.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Mizuho set a $137.00 price target on shares of Axis Capital in a research note on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.10.

View Our Latest Research Report on Axis Capital

Insider Buying and Selling

In related news, Director Henry B. Smith sold 2,542 shares of Axis Capital stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $98.69, for a total transaction of $250,869.98. Following the sale, the director directly owned 46,347 shares in the company, valued at $4,573,985.43. This trade represents a 5.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.

About Axis Capital

(Free Report)

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.