American Axle & Manufacturing Holdings Inc.: Qube Research & Technologies Limited Discloses 2.83% Stake

Qube Research & Technologies Limited has disclosed a position in American Axle & Manufacturing Holdings Inc, with 3,330,167 shares representing 2.83% of the company's stock. The disclosure was made under Rule 8.3 of the Takeover Code and was filed on August 27, 2025.

Qube Research & Technologies Limited has recently disclosed a significant position in American Axle & Manufacturing Holdings Inc. (AXL), according to a filing under Rule 8.3 of the Takeover Code. The disclosure, made on August 27, 2025, reveals that Qube now holds 3,330,167 shares of AXL, representing approximately 2.83% of the company's total stock [2].

This increase in stake comes amidst a period of notable activity in AXL's shareholder base. American Century Companies Inc. has been a prominent investor, boosting its stake by 11.1% in the first quarter of 2025 to own approximately $17.43 million worth of shares [1]. Additionally, several other institutional investors and hedge funds have recently adjusted their positions in AXL, including Wells Fargo & Company MN, Raymond James Financial Inc., Barclays PLC, Guggenheim Capital LLC, and MetLife Investment Management LLC [1].

American Axle & Manufacturing reported earnings of $0.21 per share for the latest quarter, surpassing analysts' expectations. However, the company experienced a 5.9% decline in revenue year-over-year. The stock has seen a 2.0% increase in price recently, trading at approximately $6.21 [1]. The company has a market capitalization of $690.01 million, with a debt-to-equity ratio of 3.86 and a quick ratio of 1.40 [1].

Analysts have provided a mixed outlook for AXL, with a consensus rating of "Hold" and an average target price of $6.21. While some analysts have maintained a "buy" rating, others have issued a "hold" rating [1]. Qube's decision to increase its stake in AXL may reflect a bullish view on the company's future prospects, particularly in light of its focus on automotive recovery and electrification.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-american-century-companies-inc-has-1743-million-stake-in-american-axle-manufacturing-holdings-inc-axl-2025-08-25/
[2] https://www.marketscreener.com/news/form-8-3-the-vanguard-group-inc-american-axle-manufacturing-holdings-inc-ce7c50d9db8efe20