First Bank & Trust Sells 2,204 Shares of American Express Company $AXP

Posted by Geri Gentry on Aug 12th, 2026

American Express logo First Bank & Trust lowered its position in American Express Company (NYSE:AXP – Free Report) by 50.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,130 shares of the payment services company’s stock after selling 2,204 shares during the period. First Bank & Trust’s holdings in American Express were worth $720,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Keybank National Association OH increased its position in American Express by 3.0% in the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock worth $132,909,000 after buying an additional 10,495 shares in the last quarter. Swiss Life Asset Management Ltd lifted its position in shares of American Express by 34.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after buying an additional 35,533 shares in the last quarter. Peapack Gladstone Financial Corp grew its stake in shares of American Express by 6.2% during the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock valued at $24,416,000 after acquiring an additional 3,855 shares during the period. Sumitomo Mitsui Financial Group Inc. grew its stake in shares of American Express by 4.8% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 86,871 shares of the payment services company’s stock valued at $32,138,000 after acquiring an additional 4,008 shares during the period. Finally, Blue Capital Inc. purchased a new stake in American Express in the 4th quarter worth approximately $2,838,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of American Express from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $328.00 to $400.00 in a report on Monday, July 13th. Morgan Stanley reduced their price objective on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a research note on Monday, July 27th. The Goldman Sachs Group raised their price objective on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. UBS Group lowered their target price on shares of American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Finally, Guggenheim initiated coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, American Express presently has an average rating of “Moderate Buy” and an average target price of $372.84.

Get Our Latest Analysis on American Express

American Express Stock Up 0.6%

NYSE AXP opened at $340.97 on Wednesday. The stock’s 50 day moving average is $339.21 and its 200 day moving average is $327.77. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The stock has a market cap of $230.26 billion, a PE ratio of 20.69, a P/E/G ratio of 1.37 and a beta of 1.04.

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

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is presently 23.06%.

Key Headlines Impacting American Express

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

Positive Sentiment: Amex Ventures invests in Fazeshift’s artificial-intelligence platform. American Express’ corporate venture arm backed Fazeshift, an AI-native company automating accounts-receivable workflows. The funding will support expansion into additional finance operations, potentially giving AXP early exposure to technologies that could improve business-payment products and strengthen its commercial-services ecosystem. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
Positive Sentiment: Expanded US Open benefits support Amex’s premium-brand strategy. New 2026 US Open offerings include lounges, hospitality, merchandise, transportation-related perks and exclusive experiences for card members. The program may help drive engagement, spending and customer retention, particularly among higher-income customers, although the direct financial impact is likely limited in the near term. American Express Unveils New Tennis Experiences for All Fans
Neutral Sentiment: Recent fundamentals remain supportive but valuation leaves less room for disappointment. AXP’s latest quarterly results exceeded EPS expectations, with earnings of $4.53 per share versus the $4.41 consensus, while revenue increased 10% year over year. Management’s fiscal 2026 EPS outlook of $17.30–$17.90 provides a growth framework, but the stock’s premium valuation means investors will likely continue watching spending trends, credit quality and execution closely.
Negative Sentiment: A report that billionaire Lord Sugar was denied a higher credit limit highlights Amex’s underwriting discipline. The isolated anecdote is unlikely to affect earnings, but it could draw attention to credit-limit controls and customer-service decisions. Billionaire Lord Sugar denied Amex credit limit increase

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.