GFI Investment Counsel Ltd. Reduces Stock Position in American Express Company $AXP

GFI Investment Counsel Ltd. decreased its stake in shares of American Express Company (NYSE:AXP) by 1.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 203,789 shares of the payment services company’s stock after selling 2,174 shares during the period. American Express makes up about 8.0% of GFI Investment Counsel Ltd.’s portfolio, making the stock its 5th largest position. GFI Investment Counsel Ltd.’s holdings in American Express were worth $75,392,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Evolution Wealth Management Inc. boosted its holdings in 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 worth $25,000 after acquiring an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new position in shares of American Express during the fourth quarter valued at about $26,000. Sfam LLC bought a new position in shares of American Express during the fourth quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new position in American Express during the fourth quarter worth about $28,000. Finally, Wilkerson Advisory Group LLC bought a new stake in American Express in the 4th quarter worth about $29,000. Institutional investors own 84.33% of the company’s stock.

Trending Headlines about American Express

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

• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: One market note says AXP is breaking out through technical resistance, which can attract momentum traders and support the stock. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Positive Sentiment: Recent coverage also highlights American Express as an attractive long-term investment and suggests the company still has room to benefit from continued demand in digital payments and premium spending. What Makes American Express Company (AXP) an Attractive Bet?
• Neutral Sentiment: Several articles compare AXP with peers like Mastercard and ask whether the stock still has upside after a strong multi-year run, reflecting ongoing debate over valuation rather than a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Analyst roundups show mixed sentiment on AXP, which may limit conviction even as the stock trades near recent highs. Analysts Conflicted on These Financial Names: Suncorp Group (OtherSNMYF), Westpac Banking (OtherWEBNF) and American Express (AXP)
• Negative Sentiment: Some commentary suggests Mastercard may offer more upside than American Express, which could weigh on AXP by comparison as investors rotate toward faster-growing payments names. Mastercard vs. American Express: Which Stock Has More Upside Now?

American Express Price Performance

American Express stock opened at $338.86 on Friday. The business’s 50 day simple moving average is $318.70 and its 200 day simple moving average is $335.13. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The company has a market cap of $231.22 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.40 and a beta of 1.06. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last issued its 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. The firm had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the company posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts forecast that American Express Company will post 17.65 EPS for the current year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be given a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. American Express’s payout ratio is 23.71%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AXP shares. Bank of America lifted their target price on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company decreased their price target on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. 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 report on Monday, March 23rd. Finally, The Goldman Sachs Group upped their price objective on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $360.80.

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.