LB Partners LLC Lowers Stake in American Express Company $AXP

Posted by Brenda Bartman on Jul 2nd, 2026

American Express logo LB Partners LLC decreased its holdings in American Express Company (NYSE:AXP – Free Report) by 6.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,000 shares of the payment services company’s stock after selling 2,000 shares during the quarter. American Express accounts for about 8.1% of LB Partners LLC’s investment portfolio, making the stock its 4th largest position. LB Partners LLC’s holdings in American Express were worth $9,074,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AXP. Evolution Wealth Management Inc. raised its position in American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares during the period. Joseph Group Capital Management bought a new stake in shares of American Express during the 4th quarter valued at $26,000. Sfam LLC bought a new stake in shares of American Express during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of American Express in the 4th quarter worth $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of American Express in the 3rd quarter worth $28,000. 84.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AXP has been the topic of several analyst reports. Morgan Stanley lowered their target price on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. Evercore set a $345.00 price target on American Express in a research report on Wednesday, April 29th. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Piper Sandler started coverage on American Express in a research note on Monday. They set an “overweight” rating and a $396.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express presently has an average rating of “Moderate Buy” and a consensus price target of $366.95.

Read Our Latest Stock Report on AXP

Trending Headlines about American Express

Here are the key news stories impacting American Express this week:

Positive Sentiment: Piper Sandler upgraded American Express from neutral to strong-buy, which likely boosted investor confidence in the stock’s outlook.
Positive Sentiment: American Express and Resy, with the National Restaurant Association Educational Foundation, launched a new Restaurant Academy to train restaurant leaders, reinforcing the company’s brand relationships in dining and hospitality. Article Title
Positive Sentiment: American Express expanded its Membership Rewards usefulness by letting U.S. cardholders redeem points through Apple Pay, a move that could improve cardholder engagement and loyalty. Article Title
Positive Sentiment: Multiple articles highlighted American Express’s growth, resilience, and long-term appeal, including commentary that the company remains one of Warren Buffett’s oldest stock picks, helping reinforce a premium valuation narrative. Article Title
Neutral Sentiment: A fast-company article said Amex wants to help the restaurant industry solve management problems, but it read more like a brand/industry profile than a direct earnings or revenue catalyst. Article Title
Neutral Sentiment: One note also mentioned a price target increase from BTIG, but the firm kept a sell rating, making the signal mixed rather than clearly positive.

American Express Stock Performance

NYSE:AXP opened at $347.52 on Thursday. The stock has a 50-day moving average price of $321.69 and a 200 day moving average price of $333.36. The stock has a market capitalization of $237.12 billion, a P/E ratio of 21.68, a P/E/G ratio of 1.39 and a beta of 1.04. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49. 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 posted its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates 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 $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the firm earned $3.64 EPS. The firm’s 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. Equities research analysts forecast that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s payout ratio is 23.71%.

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.