Evansbrook LLC Makes New Investment in American Express Company $AXP

Posted by Stanley Muller on Jun 19th, 2026

American Express logo Evansbrook LLC purchased a new stake in shares of American Express Company (NYSE:AXP) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,026 shares of the payment services company’s stock, valued at approximately $750,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Axxcess Wealth Management LLC lifted its position in shares of American Express by 3.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,047 shares of the payment services company’s stock worth $2,607,000 after purchasing an additional 254 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in American Express in the 4th quarter valued at approximately $49,000. Corient Private Wealth LLC grew its holdings in American Express by 82.2% in the 4th quarter. Corient Private Wealth LLC now owns 1,015,921 shares of the payment services company’s stock valued at $375,840,000 after buying an additional 458,259 shares during the last quarter. Alberta Investment Management Corp increased its position in American Express by 2.1% in the 4th quarter. Alberta Investment Management Corp now owns 158,200 shares of the payment services company’s stock worth $58,526,000 after buying an additional 3,200 shares during the period. Finally, Plotkin Financial Advisors LLC lifted its holdings in shares of American Express by 14.0% during the fourth quarter. Plotkin Financial Advisors LLC now owns 759 shares of the payment services company’s stock worth $281,000 after buying an additional 93 shares during the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on AXP. Wells Fargo & Company reduced their price objective 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. Morgan Stanley dropped their target price on shares of 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. BTIG Research reiterated a “sell” rating and set a $285.00 target price on shares of American Express in a research note on Tuesday. Bank of America increased their price target on shares of American Express from $381.00 to $387.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Loop Capital initiated coverage on shares of American Express in a report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $360.80.

Read Our Latest Stock Analysis on AXP

American Express Price Performance

Shares of AXP stock opened at $338.86 on Friday. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The company has a market capitalization of $231.22 billion, a P/E ratio of 21.14, a P/E/G ratio of 1.40 and a beta of 1.06. The stock has a 50 day moving average of $318.70 and a two-hundred day moving average of $335.13. 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 released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.21 billion for 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%.American Express’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 17.65 EPS for the current year.

American Express Announces Dividend

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

Key Stories Impacting American Express

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

Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, implying meaningful upside from recent levels. Finviz
Positive Sentiment: One market note says AXP is breaking out through technical resistance, which can attract momentum traders and support the stock. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
Positive Sentiment: Recent coverage also highlights American Express as an attractive long-term investment and suggests the company still has room to benefit from continued demand in digital payments and premium spending. What Makes American Express Company (AXP) an Attractive Bet?
Neutral Sentiment: Several articles compare AXP with peers like Mastercard and ask whether the stock still has upside after a strong multi-year run, reflecting ongoing debate over valuation rather than a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
Neutral Sentiment: Analyst roundups show mixed sentiment on AXP, which may limit conviction even as the stock trades near recent highs. Analysts Conflicted on These Financial Names: Suncorp Group (OtherSNMYF), Westpac Banking (OtherWEBNF) and American Express (AXP)
Negative Sentiment: Some commentary suggests Mastercard may offer more upside than American Express, which could weigh on AXP by comparison as investors rotate toward faster-growing payments names. Mastercard vs. American Express: Which Stock Has More Upside Now?

American Express Company Profile

(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.