Dimensional Fund Advisors LP Has $820.01 Million Stock Position in American Express Company $AXP

Dimensional Fund Advisors LP cut its holdings in shares of American Express Company (NYSE:AXP) by 0.7% in the 1st quarter, HoldingsChannel reports. The fund owned 2,711,602 shares of the payment services company’s stock after selling 19,355 shares during the period. Dimensional Fund Advisors LP’s holdings in American Express were worth $820,013,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keybank National Association OH increased its position in shares of American Express by 3.0% during the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after acquiring an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd boosted its position in American Express by 34.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock worth $51,751,000 after purchasing an additional 35,533 shares during the last quarter. Nordea Investment Management AB grew its stake in American Express by 6.2% in the 4th quarter. Nordea Investment Management AB now owns 2,474,363 shares of the payment services company’s stock valued at $920,710,000 after purchasing an additional 144,512 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in American Express by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 326,407 shares of the payment services company’s stock valued at $125,279,000 after purchasing an additional 5,518 shares during the period. Finally, Country Trust Bank increased its position in shares of American Express by 14.0% during the 4th quarter. Country Trust Bank now owns 121,774 shares of the payment services company’s stock valued at $45,050,000 after purchasing an additional 14,931 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express News Summary

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

• Neutral Sentiment: Jefferies reiterated its Hold rating on American Express, signaling a wait-and-see stance rather than a more bullish upgrade. Jefferies Sticks to Their Hold Rating for American Express (AXP)
• Neutral Sentiment: Barclays also kept a Hold rating on AXP, reinforcing the view that analysts are not seeing an immediate upside catalyst. Barclays Keeps Their Hold Rating on American Express (AXP)
• Neutral Sentiment: Zacks-related coverage noted that American Express has been attracting trading attention, but the article does not point to a fresh operational update or earnings surprise. Here is What to Know Beyond Why American Express Company (AXP) is a Trending Stock
• Neutral Sentiment: Another Zacks piece similarly frames AXP as a trending stock without adding a new fundamental driver. Here is What to Know Beyond Why American Express Company (AXP) is a Trending Stock
• Neutral Sentiment: Coverage ahead of earnings highlighted that American Express was expected to report results soon, but the item itself did not provide a new beat/miss or guidance update. American Express (AXP) Projected to Release Earnings on Friday

American Express Stock Up 0.0%

Shares of NYSE AXP opened at $355.44 on Monday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The stock has a market capitalization of $242.53 billion, a PE ratio of 22.17, a P/E/G ratio of 1.43 and a beta of 1.04. American Express Company has a one year low of $288.34 and a one year high of $387.49. The business’s fifty day moving average price is $329.39 and its 200-day moving average price is $331.02.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.21 billion during 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 firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts anticipate that American Express Company will post 17.67 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. Investors of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.71%.

Analysts Set New Price Targets

AXP has been the topic of a number of recent analyst reports. Barclays lifted their target price on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Bank of America raised their price objective on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. upgraded shares of American Express from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $328.00 to $400.00 in a research note on Monday, July 13th. Finally, Royal Bank Of Canada downgraded shares of American Express from a “moderate buy” rating to a “hold” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $374.15.

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.