American Express Company $AXP Stake Lowered by Gamco Investors INC. ET AL

Posted by Geri Gentry on May 18th, 2026

American Express logo Gamco Investors INC. ET AL lowered its holdings in American Express Company (NYSE:AXP) by 5.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 422,221 shares of the payment services company’s stock after selling 25,078 shares during the quarter. American Express comprises 1.5% of Gamco Investors INC. ET AL’s investment portfolio, making the stock its 6th biggest holding. Gamco Investors INC. ET AL’s holdings in American Express were worth $156,201,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Joseph Group Capital Management purchased a new position in American Express during the 4th quarter worth approximately $26,000. Valley Wealth Managers Inc. grew its stake in American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after buying an additional 46 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in American Express during the 3rd quarter worth approximately $28,000. Guerra Advisors Inc purchased a new position in American Express during the 3rd quarter worth approximately $28,000. Finally, Torren Management LLC purchased a new position in American Express during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AXP shares. BTIG Research restated a “sell” rating and set a $285.00 price target on shares of American Express in a research note on Friday, April 24th. Barclays dropped their price target on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Wells Fargo & Company dropped their price target on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. UBS Group restated a “neutral” rating and set a $395.00 price target on shares of American Express in a research note on Wednesday, February 4th. Finally, Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, American Express has a consensus rating of “Hold” and a consensus target price of $357.47.

Get Our Latest Research Report on AXP

American Express Trading Up 0.1%

Shares of AXP stock opened at $313.69 on Monday. The business’s 50 day moving average is $310.73 and its two-hundred day moving average is $342.28. American Express Company has a twelve month low of $281.46 and a twelve month high of $387.49. The company has a market capitalization of $214.04 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 1.27 and a beta of 1.08. 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 (NYSE:AXP – Get Free Report) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. During the same period last year, the business posted $3.64 EPS. The company’s revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

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

American Express Company Profile

(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.