Stephens Inc. AR decreased its stake in American Express Company (NYSE:AXP) by 8.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,783 shares of the payment services company’s stock after selling 1,488 shares during the quarter. Stephens Inc. AR’s holdings in American Express were worth $5,077,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of AXP. Capital Asset Advisory Services LLC lifted its stake in American Express by 2.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock valued at $465,000 after buying an additional 28 shares in the last quarter. Lantz Financial LLC raised its holdings in shares of American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after acquiring an additional 28 shares during the period. Financial Management Network Inc. raised its holdings in shares of American Express by 0.8% during the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock valued at $1,394,000 after acquiring an additional 29 shares during the period. Central Bank & Trust Co. lifted its position in shares of American Express by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock valued at $969,000 after acquiring an additional 29 shares in the last quarter. Finally, Burns J W & Co. Inc. NY lifted its position in shares of American Express by 2.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company’s stock valued at $518,000 after acquiring an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on AXP shares. Royal Bank Of Canada set a $415.00 price objective on shares of American Express in a research report on Friday, April 10th. Evercore set a $380.00 target price on American Express in a report on Monday. The Goldman Sachs Group raised their target price on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Truist Financial lifted their price target on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Morgan Stanley dropped their price target 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. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $368.50.
American Express Trading Down 1.8%
Shares of NYSE:AXP opened at $349.45 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $238.44 billion, a PE ratio of 21.80, a P/E/G ratio of 1.47 and a beta of 1.04. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49. The firm has a fifty day moving average price of $323.96 and a 200 day moving average price of $332.57.
American Express (NYSE:AXP – Get Free Report) last posted 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. The company had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express Company will post 17.65 EPS for the current fiscal year.
American Express Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio is 23.71%.
More American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Barclays raised its price target on American Express to $364 from $322, implying some upside even though it kept an equal-weight rating. Barclays price target raise
- Positive Sentiment: UBS increased its price target to $386 from $340, suggesting material upside, but maintained a neutral stance. UBS price target raise
- Positive Sentiment: Brokerage sentiment remains constructive overall, with consensus coverage still described as “moderate buy,” which can support the stock’s valuation. Consensus recommendation
- Neutral Sentiment: TD Cowen nudged its target higher to $338 but kept a hold rating, reinforcing a cautious view rather than a strong bullish one. TD Cowen target update
- Neutral Sentiment: A separate article highlighted American Express as a quality, low-stress stock idea, which is supportive for sentiment but not a company-specific catalyst. Jefferies stock ideas
- Negative Sentiment: A fund update said American Express was a leading performance detractor, falling due to AI disruption concerns, which may be weighing on investor sentiment. Bretton Fund letter
American Express Profile
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.
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