Foundations Investment Advisors LLC Lowers Stake in American Express Company $AXP

Foundations Investment Advisors LLC lowered its stake in shares of American Express Company (NYSE:AXP) by 8.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,783 shares of the payment services company’s stock after selling 1,761 shares during the quarter. Foundations Investment Advisors LLC’s holdings in American Express were worth $7,319,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. raised its position 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 during the period. Joseph Group Capital Management purchased a new position in American Express in the 4th quarter worth $26,000. Guerra Advisors Inc purchased a new position in American Express in the 3rd quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new position in American Express in the 3rd quarter worth $28,000. Finally, Torren Management LLC purchased a new position in American Express in the 4th quarter worth $32,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Trading Up 0.7%

Shares of AXP opened at $314.86 on Friday. American Express Company has a 1-year low of $286.15 and a 1-year high of $387.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The firm’s 50-day moving average price is $312.36 and its 200-day moving average price is $339.06. The firm has a market capitalization of $214.84 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 1.27 and a beta of 1.08.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (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 company had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter in the previous year, the company earned $3.64 earnings per share. American Express’s quarterly revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts anticipate that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 3rd were given a dividend of $0.95 per share. This is an increase from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, April 2nd. American Express’s dividend payout ratio is presently 23.71%.

American Express News Summary

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

• Positive Sentiment: American Express was highlighted at Bernstein’s Strategic Decisions Conference, keeping management and strategy in focus for investors and suggesting the company remains confident in its growth, cardmember engagement, and premium spending model. American Express Company (AXP) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Positive Sentiment: American Express said cardmembers can now tap and ride on more transit systems across Canada, a small but supportive move that expands everyday payment acceptance and reinforces AmEx’s convenience for daily spending. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Positive Sentiment: One analyst note said American Express kept a Buy rating after a strong first quarter, which supports the view that the company’s earnings power remains solid despite broader macro concerns. American Express Stock Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Several articles compared AXP with peers such as Visa and Mastercard or with another small-business payments product, but these were more sector commentary than direct catalysts for American Express. Can AmEx Boost SMB Engagement With Its Small Business Credit Card?
• Negative Sentiment: Broader commentary about consumer confidence and retail-banking engagement suggests a less certain spending backdrop, which could limit enthusiasm for payment-volume growth if customers pull back. Warren Buffett’s Successor, Greg Abel, Just Sold UnitedHealth Group Stock. Is He Missing a Huge Opportunity?

Analyst Ratings Changes

A number of equities analysts recently commented on AXP shares. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. cut their price target on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. BTIG Research reissued a “sell” rating and issued a $285.00 price target on shares of American Express in a report on Friday, April 24th. Finally, Bank of America raised their price target on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $359.05.

American Express Profile

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.