Zacks Research Brokers Lower Earnings Estimates for American Axle & Manufacturing Holdings, Inc. (NYSE:AXL)

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) – Stock analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of American Axle & Manufacturing in a research note issued on Friday, April 26th. Zacks Research analyst R. Department now anticipates that the auto parts company will earn $0.16 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for American Axle & Manufacturing’s current full-year earnings is $0.34 per share. Zacks Research also issued estimates for American Axle & Manufacturing’s FY2026 earnings at $0.83 EPS.

Other research analysts have also recently issued research reports about the stock. UBS Group raised shares of American Axle & Manufacturing from a “sell” rating to a “neutral” rating and set a $7.00 price target for the company in a report on Wednesday, February 28th. StockNews.com raised shares of American Axle & Manufacturing from a “hold” rating to a “buy” rating in a report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, American Axle & Manufacturing currently has an average rating of “Hold” and an average target price of $7.70.

American Axle & Manufacturing Price Performance

Shares of AXL opened at $7.52 on Monday. The company has a market cap of $883.90 million, a price-to-earnings ratio of -26.86, a price-to-earnings-growth ratio of 2.71 and a beta of 2.22. American Axle & Manufacturing has a twelve month low of $6.29 and a twelve month high of $9.55. The company has a quick ratio of 1.27, a current ratio of 1.67 and a debt-to-equity ratio of 4.55. The company has a 50 day moving average of $7.09 and a two-hundred day moving average of $7.48.

American Axle & Manufacturing (NYSE:AXL) last issued its earnings results on Friday, February 16th. The auto parts company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.10. American Axle & Manufacturing had a negative net margin of 0.55% and a negative return on equity of 1.78%. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 5.3% compared to the same quarter last year.

Institutional Investors Weigh In On American Axle & Manufacturing

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC purchased a new stake in American Axle & Manufacturing during the 4th quarter worth approximately $14,167,000. Barclays PLC increased its stake in American Axle & Manufacturing by 522.6% during the 3rd quarter. Barclays PLC now owns 1,122,458 shares of the auto parts company’s stock worth $8,149,000 after buying an additional 942,186 shares during the period. Norges Bank acquired a new position in American Axle & Manufacturing during the 4th quarter worth approximately $7,024,000. Assenagon Asset Management S.A. acquired a new position in American Axle & Manufacturing during the 3rd quarter worth approximately $5,095,000. Finally, Deutsche Bank AG grew its holdings in American Axle & Manufacturing by 554.4% during the 3rd quarter. Deutsche Bank AG now owns 741,034 shares of the auto parts company’s stock worth $5,380,000 after acquiring an additional 627,791 shares in the last quarter. 91.41% of the stock is owned by hedge funds and other institutional investors.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc, together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.