Strategic Wealth Investment Group LLC Has $12 Million Stake in American Express Company $AXP

Strategic Wealth Investment Group LLC trimmed its position in shares of American Express Company (NYSE:AXP) by 31.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,440 shares of the payment services company’s stock after selling 14,693 shares during the quarter. American Express makes up about 1.5% of Strategic Wealth Investment Group LLC’s investment portfolio, making the stock its 27th largest holding. Strategic Wealth Investment Group LLC’s holdings in American Express were worth $12,001,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. lifted its holdings in shares of American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after buying an additional 66 shares during the last quarter. Joseph Group Capital Management acquired a new stake in shares of American Express during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express during the 3rd quarter valued at about $28,000. Torren Management LLC acquired a new stake in shares of American Express during the 4th quarter valued at about $32,000. Finally, Entrust Financial LLC acquired a new stake in shares of American Express during the 4th quarter valued at about $41,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Stock Performance

Shares of NYSE AXP opened at $310.48 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The business’s 50 day moving average is $313.91 and its two-hundred day moving average is $336.92. The company has a market cap of $211.85 billion, a P/E ratio of 19.37, a P/E/G ratio of 1.26 and a beta of 1.06. American Express Company has a 12 month low of $286.15 and a 12 month high of $387.49.

American Express (NYSE:AXP) last issued its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts expect that American Express Company will post 17.59 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 given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s payout ratio is currently 23.71%.

Key American Express News

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. BTIG Research reiterated a “sell” rating and set a $285.00 price target on shares of American Express in a report on Friday, April 24th. Evercore set a $345.00 price target on American Express in a report on Wednesday, April 29th. Barclays reduced their price target on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Morgan Stanley cut their price objective on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Finally, Truist Financial cut their price objective on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, American Express presently has an average rating of “Hold” and a consensus target price of $359.05.

American Express Company 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.