Triad Investment Management lowered its stake in shares of American Express Company (NYSE:AXP) by 47.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,296 shares of the payment services company’s stock after selling 3,842 shares during the quarter. American Express accounts for 1.4% of Triad Investment Management’s holdings, making the stock its 25th largest position. Triad Investment Management’s holdings in American Express were worth $1,299,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of AXP. Brighton Jones LLC increased its holdings in American Express by 24.4% in the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after acquiring an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of American Express by 13.0% during the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after purchasing an additional 200 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in shares of American Express during the second quarter valued at about $428,000. Howland Capital Management LLC increased its holdings in shares of American Express by 4.2% in the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after purchasing an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its position in shares of American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock worth $924,000 after buying an additional 481 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.
American Express Trading Down 0.3%
Shares of NYSE AXP opened at $351.01 on Wednesday. The business’s 50 day moving average is $330.91 and its two-hundred day moving average is $330.74. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a 1-year low of $288.34 and a 1-year high of $387.49. The stock has a market capitalization of $239.50 billion, a P/E ratio of 21.90, a PEG ratio of 1.42 and a beta of 1.04.
American Express Announces Dividend
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 issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.71%.
American Express News Roundup
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express and Bottomline announced an expanded partnership to improve B2B payment connectivity through Buyer Initiated Payments, adding new payment and automated invoice reporting capabilities that could support long-term transaction growth. Bottomline and American Express Partner to Expand B2B Payment Connectivity Through Paymode
- Positive Sentiment: Amex said its new B2B payment feature and reporting tools are designed to make invoice-based payments easier for buyers and suppliers, which could strengthen customer retention and commercial payments usage. American Express Launches Intelligent Capabilities to Help Streamline Buyer and Supplier Payments
- Neutral Sentiment: Investors are also focused on AXP’s second-quarter 2026 earnings report due July 24, with consensus calling for $4.40 in EPS and $19.62 billion in revenue, making the stock sensitive to any guidance or performance surprise. Can AmEx Beat Q2 Earnings on Higher Network Volumes & Interest Income?
- Neutral Sentiment: KEO Capital also renewed its American Express licensing agreement in Mexico, reinforcing a long-running partnership and suggesting continued international commercial card activity. KEO Capital Renews American Express Licensing Agreement in Mexico
- Negative Sentiment: Some market commentary continues to compare AXP unfavorably with Visa, noting Visa’s asset-light model and AI/payment initiatives as potential reasons it may be viewed as the stronger long-term pick. Visa vs. American Express: Which Payments Giant Is the Better Pick?
Wall Street Analyst Weigh In
A number of brokerages recently commented on AXP. The Goldman Sachs Group increased their price target on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Benchmark assumed coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. BTIG Research increased their target price on American Express from $285.00 to $324.00 and gave the company a “sell” rating in a research report on Tuesday, June 30th. DZ Bank raised shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a report on Thursday, June 18th. Finally, Bank of America boosted their price target on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Express has an average rating of “Moderate Buy” and an average price target of $374.11.
View Our Latest Analysis on American Express
About American Express
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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