Empirical Asset Management LLC Takes Position in American Express Company $AXP

Posted by Francis Steltz on May 22nd, 2026

American Express logo Empirical Asset Management LLC bought a new stake in shares of American Express Company (NYSE:AXP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,555 shares of the payment services company’s stock, valued at approximately $945,000.

A number of other hedge funds have also recently modified their holdings of AXP. Valley Wealth Managers Inc. boosted its stake in American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after purchasing an additional 46 shares in the last quarter. Joseph Group Capital Management bought a new position in American Express in the 4th quarter worth about $26,000. Guerra Advisors Inc bought a new position in American Express in the 3rd quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new position in American Express in the 3rd quarter worth about $28,000. Finally, Torren Management LLC purchased a new position in American Express in the 4th quarter worth about $32,000. Institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

Positive Sentiment: American Express announced a strategic partnership with Fanatics that includes a co-branded Fanatics American Express card, exclusive fan experiences, and broader payment acceptance across select Fanatics channels, which could help drive new card acquisitions and spending volume. Article Title
Positive Sentiment: AmEx expanded its sports-commerce strategy with Fanatics through a rewards integration and new card offering, reinforcing its premium brand and loyalty ecosystem. Article Title
Positive Sentiment: Multiple commentary pieces pointed to American Express as one of Warren Buffett’s favorite long-term holdings, which can support investor confidence in AXP’s durable business model and valuation. Article Title
Positive Sentiment: American Express and Main Street America awarded more than $10 million in grants to over 500 small businesses, underscoring the company’s ongoing support for Main Street merchants and small-business relationships. Article Title

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AXP. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Wells Fargo & Company decreased their target price on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Truist Financial decreased their target price on American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Morgan Stanley decreased their target price on American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Finally, Bank of America boosted their target price on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $359.05.

View Our Latest Research Report on AXP

American Express Price Performance

NYSE AXP opened at $309.93 on Friday. American Express Company has a 52 week low of $281.46 and a 52 week high of $387.49. The firm has a market capitalization of $211.48 billion, a P/E ratio of 19.33, a PEG ratio of 1.26 and a beta of 1.08. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The company has a 50-day moving average price of $311.23 and a 200-day moving average price of $340.89.

American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same quarter in the prior year, the firm earned $3.64 EPS. The business’s revenue for the quarter 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 anticipate that American Express Company will post 17.59 earnings per share 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 given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from American Express’s previous quarterly dividend of $0.82. American Express’s payout ratio is currently 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.