AXL stock icon

American Axle
AXL

$7.21
2.56%

Market Cap: 848M

 

About: American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.

Employees: 19,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 12 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

59% more call options, than puts

Call options by funds: $8.53M | Put options by funds: $5.37M

41% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 32

6% more funds holding

Funds holding: 207 [Q4 2023] → 220 (+13) [Q1 2024]

8.52% less ownership

Funds ownership: 100.24% [Q4 2023] → 91.73% (-8.52%) [Q1 2024]

23% less capital invested

Capital invested by funds: $1.03B [Q4 2023] → $794M (-$240M) [Q1 2024]

34% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 86

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$7
3%
downside
Avg. target
$7.75
7%
upside
High target
$8
11%
upside

4 analyst ratings

positive
0%
neutral
75%
negative
25%
B of A Securities
John Murphy
11%upside
$8
Underperform
Maintained
22 Jul 2024
UBS
Joseph Spak
11%upside
$8
Neutral
Maintained
6 May 2024
Citigroup
Itay Michaeli
11%upside
$8
Neutral
Maintained
6 May 2024
UBS
Joseph Spak
3%downside
$7
Neutral
Upgraded
28 Feb 2024

Financial journalist opinion

Based on 12 articles about AXL published over the past 30 days