American Century Companies Inc. Has $29.71 Million Stake in American Axle & Manufacturing Holdings, Inc. $DCH

American Century Companies Inc. grew its holdings in shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) by 8.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,942,565 shares of the auto parts company’s stock after acquiring an additional 364,180 shares during the period. American Century Companies Inc. owned 4.17% of American Axle & Manufacturing worth $29,705,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in DCH. PSquared Asset Management AG boosted its holdings in shares of American Axle & Manufacturing by 99.9% during the 2nd quarter. PSquared Asset Management AG now owns 369,395 shares of the auto parts company’s stock worth $1,507,000 after buying an additional 184,570 shares in the last quarter. AXQ Capital LP bought a new stake in shares of American Axle & Manufacturing in the 2nd quarter valued at $291,000. Counterpoint Mutual Funds LLC acquired a new position in shares of American Axle & Manufacturing during the 3rd quarter valued at $346,000. Los Angeles Capital Management LLC lifted its position in shares of American Axle & Manufacturing by 594.0% during the 2nd quarter. Los Angeles Capital Management LLC now owns 343,006 shares of the auto parts company’s stock valued at $1,399,000 after acquiring an additional 293,580 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in American Axle & Manufacturing by 615.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,879,668 shares of the auto parts company’s stock worth $7,669,000 after acquiring an additional 1,617,069 shares in the last quarter. 91.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Royal Bank Of Canada reduced their price target on shares of American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Jefferies Financial Group started coverage on shares of American Axle & Manufacturing in a report on Thursday, February 19th. They set a “buy” rating and a $10.35 price objective on the stock. Stifel Nicolaus increased their price objective on shares of American Axle & Manufacturing from $7.00 to $8.00 and gave the stock a “hold” rating in a research report on Friday, January 23rd. Morgan Stanley set a $7.00 target price on American Axle & Manufacturing in a research note on Monday, December 8th. Finally, UBS Group boosted their target price on American Axle & Manufacturing from $8.50 to $10.50 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.12.

American Axle & Manufacturing Price Performance

NYSE DCH opened at $5.57 on Friday. The firm has a market capitalization of $1.31 billion, a P/E ratio of -30.94, a price-to-earnings-growth ratio of 0.51 and a beta of 1.61. The company has a debt-to-equity ratio of 6.31, a current ratio of 2.95 and a quick ratio of 2.57. American Axle & Manufacturing Holdings, Inc. has a 12-month low of $3.00 and a 12-month high of $9.25.

American Axle & Manufacturing (NYSE:DCH) last released its quarterly earnings data on Friday, February 13th. The auto parts company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.09. American Axle & Manufacturing had a negative net margin of 0.34% and a positive return on equity of 10.00%. The firm had revenue of $1.38 billion for the quarter. During the same quarter in the previous year, the company posted ($0.06) EPS. The business’s quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts expect that American Axle & Manufacturing Holdings, Inc. will post 0.57 earnings per share for the current year.

American Axle & Manufacturing News Summary

Here are the key news stories impacting American Axle & Manufacturing this week:

• Positive Sentiment: Deutsche Bank upgraded DCH from “hold” to “buy” and set an $8.00 price target (≈42.6% above the current price), which can attract buyers and provide near-term upside support. Deutsche Bank Upgrade
• Positive Sentiment: Recent quarterly results showed an earnings beat (Q4 EPS of $0.07 vs. consensus ($0.02)) and slight year-over-year revenue growth, giving fundamental backing to the upgrade and reducing downside risk from operations. DCH Earnings Summary
• Neutral Sentiment: Multiple short-form “head-to-head” competitor comparison pieces were published (AmericanBankingNews ran several March 5–6 articles). These are largely aggregative comparisons rather than proprietary catalysts, so they increase newsflow but are unlikely to materially change fundamentals on their own. AmericanBankingNews Head-to-Head
• Negative Sentiment: Technical and balance-sheet/market-pressure factors may be weighing on the stock: DCH sits below its 50‑day moving average (~$8.23), average trading volume is higher than today’s volume (suggesting weaker conviction), and the company carries significant leverage (debt/equity ~3.61), which can limit upside and increase downside risk in a weak auto-cycle. DCH Price & Metrics

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc (NYSE: AXL) is a global designer, engineer and manufacturer of driveline and drivetrain systems and components for light vehicles, commercial trucks and off-highway applications. The company’s core product portfolio includes axles, driveshafts, half-shafts, drive module assemblies and differential gears, as well as advanced metallic and composite structures for electric and hybrid vehicles. AAM’s capabilities also encompass system testing, rapid prototyping and precision machining to support both high-volume production and low-volume, specialty vehicle applications.

Founded in 1994 following the divestiture of the Detroit Axle Division of General Motors, American Axle & Manufacturing completed its initial public offering in 1998.