American Express Company $AXP Shares Sold by Ironwood Investment Counsel LLC

Posted by George Bondi on May 18th, 2026

American Express logo Ironwood Investment Counsel LLC lessened its stake in shares of American Express Company (NYSE:AXP) by 4.2% in the 4th quarter, Holdings Channel reports. The firm owned 36,936 shares of the payment services company’s stock after selling 1,635 shares during the period. American Express accounts for 1.9% of Ironwood Investment Counsel LLC’s investment portfolio, making the stock its 7th largest holding. Ironwood Investment Counsel LLC’s holdings in American Express were worth $13,665,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Trajan Wealth LLC lifted its position in American Express by 30.9% in the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock worth $8,271,000 after purchasing an additional 5,881 shares during the period. Hillsdale Investment Management Inc. lifted its position in American Express by 218.7% in the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after purchasing an additional 5,860 shares during the period. Sumitomo Mitsui Financial Group Inc. lifted its position in American Express by 11.7% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock worth $27,524,000 after purchasing an additional 8,651 shares during the period. Parr Mcknight Wealth Management Group LLC lifted its position in American Express by 1,243.9% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 13,775 shares of the payment services company’s stock worth $4,576,000 after purchasing an additional 12,750 shares during the period. Finally, Hudson Bay Capital Management LP lifted its position in American Express by 159.5% in the third quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock worth $10,500,000 after purchasing an additional 19,429 shares during the period. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Trading Up 0.1%

Shares of NYSE:AXP opened at $313.69 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. American Express Company has a 1 year low of $281.46 and a 1 year high of $387.49. The firm has a fifty day moving average price of $310.73 and a 200 day moving average price of $342.28. The stock has a market capitalization of $214.04 billion, a PE ratio of 19.57, a P/E/G ratio of 1.27 and a beta of 1.08.

American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the prior year, the company earned $3.64 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 3rd were paid a $0.95 dividend. The ex-dividend date was Thursday, April 2nd. This is a boost from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s dividend payout ratio is 23.71%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday. Morgan Stanley cut their target price on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research note on Friday, April 10th. Bank of America boosted their target price on shares of American Express from $381.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $357.47.

View Our Latest Analysis on American Express

About American Express

(Free Report)

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.