American Express Company $AXP Position Cut by Chemistry Wealth Management LLC

Posted by Brenda Bartman on Aug 9th, 2026

American Express logo Chemistry Wealth Management LLC decreased its position in shares of American Express Company (NYSE:AXP) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,684 shares of the payment services company’s stock after selling 3,047 shares during the period. American Express accounts for approximately 2.7% of Chemistry Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Chemistry Wealth Management LLC’s holdings in American Express were worth $17,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. grew its position in shares of American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares during the last quarter. Joseph Group Capital Management purchased a new stake in American Express in the 4th quarter valued at $26,000. Sfam LLC acquired a new stake in American Express during the 4th quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in American Express during the 4th quarter worth $28,000. Finally, Wilkerson Advisory Group LLC purchased a new position in American Express during the 4th quarter worth $29,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Stock Performance

Shares of AXP opened at $340.96 on Friday. The stock has a market capitalization of $230.25 billion, a P/E ratio of 20.69, a P/E/G ratio of 1.37 and a beta of 1.04. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49. The company’s fifty day moving average is $338.12 and its two-hundred day moving average is $328.26.

American Express (NYSE:AXP – Get Free Report) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping the consensus estimate of $4.41 by $0.12. The company had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts predict that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be given a $0.95 dividend. 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 dividend payout ratio (DPR) is presently 23.06%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Barclays lifted their price objective on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Loop Capital initiated coverage on American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 price target on the stock. HSBC boosted their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research report on Monday, July 13th. TD Cowen upped their price objective on American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, American Express currently has a consensus rating of “Moderate Buy” and an average price target of $372.84.

Check Out Our Latest Stock Report on American Express

American Express 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.