American AxleAXL
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
98% more call options, than puts
Call options by funds: $9.08M | Put options by funds: $4.59M
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
4% more funds holding
Funds holding: 225 [Q1] → 234 (+9) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 75
0.57% less ownership
Funds ownership: 93.3% [Q1] → 92.73% (-0.57%) [Q2]
6% less capital invested
Capital invested by funds: $807M [Q1] → $762M (-$45.3M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Deutsche Bank Edison Yu 0% 1-year accuracy 0 / 5 met price target | 5%downside $6 | Hold Reinstated | 10 Sept 2024 |
B of A Securities John Murphy 53% 1-year accuracy 20 / 38 met price target | 19%upside $7.50 | Underperform Maintained | 12 Aug 2024 |
B of A Securities John Murphy 53% 1-year accuracy 20 / 38 met price target | 27%upside $8 | Underperform Maintained | 22 Jul 2024 |