Kestra Advisory Services LLC Buys 6,054 Shares of American Express Company $AXP

Posted by Geri Gentry on Jul 12th, 2026

American Express logo Kestra Advisory Services LLC boosted its stake in American Express Company (NYSE:AXP) by 8.8% during the first quarter, Holdings Channel reports. The institutional investor owned 75,182 shares of the payment services company’s stock after buying an additional 6,054 shares during the period. Kestra Advisory Services LLC’s holdings in American Express were worth $22,741,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of American Express by 1.3% during the fourth quarter. State Street Corp now owns 29,464,868 shares of the payment services company’s stock worth $10,900,528,000 after acquiring an additional 369,967 shares during the period. Fisher Asset Management LLC increased its stake in shares of American Express by 1.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company’s stock worth $3,338,238,000 after purchasing an additional 141,936 shares during the period. Bank of America Corp DE lifted its holdings in American Express by 7.7% during the 4th quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock worth $2,904,218,000 after purchasing an additional 558,533 shares during the last quarter. Capital World Investors lifted its holdings in American Express by 46.7% during the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after purchasing an additional 2,393,340 shares during the last quarter. Finally, Norges Bank bought a new stake in American Express in the 4th quarter valued at $2,464,215,000. 84.33% of the stock is owned by institutional investors.

American Express Price Performance

NYSE:AXP traded up $3.80 during trading hours on Friday, reaching $350.52. 2,791,983 shares of the company were exchanged, compared to its average volume of 3,064,715. The company has a market capitalization of $239.17 billion, a P/E ratio of 21.87, a P/E/G ratio of 1.44 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 company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The business has a 50 day moving average of $325.61 and a 200 day moving average of $332.21.

American Express (NYSE:AXP – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on AXP shares. Barclays upped their price objective on American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a report on Tuesday, July 7th. Weiss Ratings downgraded American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Piper Sandler initiated coverage on shares of American Express in a research report on Monday, June 29th. They issued an “overweight” rating and a $396.00 target price for the company. DZ Bank upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research note on Thursday, June 18th. Finally, UBS Group raised their price target on shares of American Express from $340.00 to $386.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $368.70.

View Our Latest Analysis on American Express

Key Stories Impacting American Express

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

Positive Sentiment: American Express is expanding AI across payments, including new tools and security features, which could improve customer experience, fraud prevention, and long-term growth prospects. Can AmEx’s AI Investments Unlock the Next Phase of Growth?
Positive Sentiment: Bank of America raised its price target on AXP to $391 from $387 and kept a buy rating, signaling continued confidence in upside from current levels. American Express price target raised by Bank of America Corporation
Positive Sentiment: Some recent commentary says the stock may be a bargain after its pullback this year, with upcoming second-quarter earnings viewed as a potential catalyst for a rebound. Is American Express Stock a Bargain?
Neutral Sentiment: American Express also broke ground on its new global headquarters at 2 World Trade Center, a long-term strategic project that supports brand and operational growth but is not an immediate earnings driver. American Express Breaks Ground on New Headquarters at 2 World Trade Center
Negative Sentiment: Recent articles note AXP has been under pressure this year and fell more sharply than the broader market in the latest session, reminding investors that sentiment is still somewhat fragile ahead of earnings. American Express (AXP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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.