AXA: Slight Outperformance, But Still A Hold After Q3

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Skip to contentHome page Seeking Alpha - Power to InvestorsFranceNov. 03, 2025 5:47 PM ETAXA SA (AXAHY) Stock, AXAHF StockAXAHY, AXAHFWolf ReportInvesting GroupSummaryAXA was previously a major holding due to undervaluation and market neglect.Recent valuation normalization in AXAHY and other insurers suggests future attractive entry points for investors focused on value.Despite recent exuberance and total return outperformance, AXAHY has not outperformed the SPY when excluding dividends, supporting a cautious stance.Current trends reinforce the importance of disciplined, valuation-based investing in AXAHY and the insurance sector.elifranssens/iStock Editorial via Getty ImagesAXA (OTCQX:AXAHY) used to be one of my biggest insurance investments. I was going into AXA when the market seemed not to care for the company a single bit, and while the argument can beMore on my IG serviceThe company discussed in this article is only one potential investment in the sector. Members of iREIT+ HOYA Capital get access to investment ideas with upsides that I view as significantly higher/better than this one. Consider subscribing and learning more here.This article was written byWolf Report34.41K FollowersWolf Report is a senior analyst and private portfolio manager with over 10 years of generating value ideas in European and North American markets. He is a contributing author and analyst for the investing group iREIT®+HOYA Capital and Wide Moat Research LLC where in addition to the U.S. market, he covers the markets of Scandinavia, Germany, France, UK, Italy, Spain, Portugal and Eastern Europe in search of reasonably valued stock ideas. Learn moreAnalyst’s Disclosure:I/we have a beneficial long position in the shares of LNC, RGA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For YouSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: subscriptions@seekingalpha.com© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.