Dimensional Fund Advisors 13F: Adds $33M to AXS Stake

Dimensional Fund Advisors has boosted its stake in AXIS Capital Holdings Limited (NYSE:AXS) by 8.9%, as revealed in its latest 13F filing with the SEC. The fund added 299,573 shares, bringing its total holdings to approximately 3.68 million shares, valued at about $389.3 million as of the end of the reporting period.

What Changed in Dimensional Fund Advisors' AXIS Capital Holdings Position

Dimensional Fund Advisors increased its holdings in AXIS Capital Holdings by 8.9%, moving from 3,382,665 shares to 3,682,238 shares. This addition of 299,573 shares underscores the firm's growing confidence in the insurance company, with the position now worth roughly $389.3 million.

Other Institutional Activity in AXIS Capital Holdings

Several other institutional investors have also recently adjusted their positions in AXIS Capital Holdings. AQR Capital Management LLC increased its holdings by 339,709 shares, ending with 4,931,979 shares valued at about $498.4 million, reflecting a 7.4% increase. Vanguard Portfolio Management LLC opened a new position with 3,920,438 shares worth around $397.6 million. Meanwhile, BlackRock, Inc. added 35,626 shares, bringing its total to 3,551,578 shares valued at $360.2 million. In contrast, American Century Companies Inc reduced its stake by 444,928 shares, now holding 2,179,401 shares valued at $221 million, marking a 17% decrease.

AXIS Capital Holdings Limited Stock Up 9.7%

On Wednesday, shares of AXIS Capital Holdings traded near $105.72. The company has a market capitalization of approximately $7.62 billion and a P/E ratio of 7.73. Its forward P/E is slightly lower at 7.12, indicating expectations of earnings growth. The stock's beta is 0.524, suggesting lower volatility compared to the broader market. Over the past 52 weeks, the stock has ranged from a low of $88.07 to a high of $110.34, with a 50-day moving average of $99.28 and a 200-day moving average of $100.10.

Recent Earnings

AXIS Capital Holdings reported revenue of about $6.69 billion, reflecting an 8% growth from the previous period. The company achieved a net margin of 16% and a return on equity of 17.4%. Its earnings per share stood at $13.38. The next earnings report is expected on July 29, 2026.

Dividend

AXIS Capital Holdings pays an annual dividend rate of $1.76, yielding 1.74%. The dividend payout ratio is a modest 13.15%, indicating a sustainable dividend policy.

Insider Buying and Selling at AXIS Capital Holdings Limited

Recent insider transactions at AXIS Capital Holdings include several sales and purchases. On June 1, 2026, Vincent Tizzio, the President and CEO, sold 33,615 shares at $95.90. Earlier, on May 13, 2026, he bought 60,662 shares. Other notable sales include Henry Smith selling 2,542 shares at $98.69 on May 7, 2026, and David Phillips, the Chief Investment Officer, selling 14,327 shares at $105.72 on March 1, 2026.

Analysts Set New Price Targets

Analysts have maintained their ratings on AXIS Capital Holdings. On May 6, 2026, Wells Fargo maintained a 'buy' rating with a price target of $119. Other firms like B of A Securities and Mizuho also maintained their ratings, with targets of $106 and $140, respectively. The overall consensus among 11 analysts is a 'buy', with a mean target price of $122.

About AXIS Capital Holdings Limited

AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, operates in the financial services sector, specifically within the insurance industry. The company offers a wide range of specialty insurance and reinsurance products through its Insurance and Reinsurance segments. It provides coverage for various risks, including professional liability, property, marine, and aviation, among others. Founded in 2001, the company is led by CEO Vincent Christopher Tizzio and employs approximately 1,966 people.

Bottom Line

Dimensional Fund Advisors' increased stake in AXIS Capital Holdings highlights ongoing interest in the company's performance. Investors track such filings to gauge institutional confidence, though it's worth noting that 13F filings reflect past positions and may not represent current holdings. AXIS Capital's steady dividend and analysts' positive outlook add to its appeal in the insurance sector.