Hillsdale Investment Management Inc. Purchases 3,440 Shares of American Express Company $AXP

Hillsdale Investment Management Inc. grew its position in shares of American Express Company (NYSE:AXP) by 40.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,980 shares of the payment services company’s stock after acquiring an additional 3,440 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in American Express were worth $4,432,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new stake in American Express in the fourth quarter worth $1,970,000. FUKOKU MUTUAL LIFE INSURANCE Co lifted its position in American Express by 42.6% in the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 2,680 shares of the payment services company’s stock worth $991,000 after buying an additional 800 shares during the last quarter. National Pension Service lifted its position in American Express by 2.4% in the fourth quarter. National Pension Service now owns 1,184,985 shares of the payment services company’s stock worth $438,385,000 after buying an additional 27,872 shares during the last quarter. South Street Advisors LLC lifted its position in American Express by 6.1% in the fourth quarter. South Street Advisors LLC now owns 938 shares of the payment services company’s stock worth $347,000 after buying an additional 54 shares during the last quarter. Finally, Houlihan Financial Resource Group Ltd. bought a new stake in American Express in the fourth quarter worth $494,000. 84.33% of the stock is currently owned by institutional investors.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express launched a new business card aimed at niche small and midsize businesses, including interior designers, which suggests continued product expansion and a push to deepen relationships with higher-value commercial customers. American Express Targets Niche SMEs With New Interior Designer Business Card
• Positive Sentiment: American Express cardmembers can now tap and ride on more transit systems across Canada, a small but constructive sign that the company is expanding everyday payment usage and improving card utility. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Neutral Sentiment: Analyst and conference coverage highlighted American Express at Bernstein’s strategic decisions conference and followed up on its strong first-quarter results, reinforcing the view that fundamentals remain solid even as consumers face pressure. American Express Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Options-market activity has drawn attention, which can signal expectations for a meaningful move, but the article does not provide a clear fundamental catalyst by itself. Do Options Traders Know Something About American Express Stock We Don’t?
• Neutral Sentiment: Several items were mostly background or general-interest pieces about the company’s history, workforce, or Buffett ownership rather than immediate stock drivers. History of American Express: Company timeline & facts
• Negative Sentiment: There was no major negative company-specific news in the latest set, but broader commentary noted ongoing concerns about consumer confidence, which could temper enthusiasm if spending slows. American Express Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. BTIG Research restated a “sell” rating and issued a $285.00 price target on shares of American Express in a research report on Friday, April 24th. JPMorgan Chase & Co. lowered their price target on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. UBS Group restated a “neutral” rating and issued a $395.00 price target on shares of American Express in a research report on Wednesday, February 4th. Barclays lowered their price target on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Finally, Bank of America raised their price target 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 research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Express has an average rating of “Hold” and a consensus price target of $359.05.

American Express Trading Up 0.5%

Shares of AXP opened at $316.55 on Friday. The firm has a market capitalization of $215.99 billion, a price-to-earnings ratio of 19.75, a PEG ratio of 1.29 and a beta of 1.08. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a 1-year low of $286.15 and a 1-year high of $387.49. The company has a 50-day moving average of $312.81 and a 200 day moving average of $338.90.

American Express (NYSE:AXP) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts expect that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

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

About American Express

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.