American Express Company $AXP Stock Position Decreased by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC lessened its holdings in shares of American Express Company (NYSE:AXP) by 2.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 130,830 shares of the payment services company’s stock after selling 3,707 shares during the quarter. American Express makes up 1.1% of Clarkston Capital Partners LLC’s portfolio, making the stock its 29th largest holding. Clarkston Capital Partners LLC’s holdings in American Express were worth $48,400,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of AXP. Brighton Jones LLC grew its position in shares of American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after buying an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of American Express during the 2nd quarter valued at about $428,000. Howland Capital Management LLC grew its position in shares of American Express by 4.2% during the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock valued at $707,000 after buying an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC grew its position in shares of American Express by 19.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after buying an additional 481 shares during the last quarter. 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: American Express and Delta Air Lines rolled out refreshed SkyMiles card benefits, updated card designs, and new welcome offers for card members, which could help support cardholder growth and spending. American Express Company (AXP) and Delta Refresh SkyMiles Card Benefits
• Positive Sentiment: CNBC’s “Final Trades” highlighted American Express as a top pick, which can add investor attention and reinforce confidence in the stock. American Express, Live Nation And A Health Care Stock: CNBC’s ‘Final Trades’
• Neutral Sentiment: Several recent writeups note that analysts remain cautious on American Express, with consensus ratings around “Hold,” suggesting the market may be waiting for clearer evidence of earnings momentum. American Express Company (NYSE:AXP) Given Consensus Rating of “Hold” by Analysts
• Neutral Sentiment: Coverage also pointed to a cautious post-earnings tone, indicating investors are still assessing whether American Express can sustain growth after its recent results. American Express Draws Cautious Market Attention After Results
• Neutral Sentiment: News that American Express will break ground next month on its tower at Two World Trade Center is strategically important, but it is unlikely to be a near-term stock driver. American Express to break ground on tower next month at Two World Trade Center — major milestone for tragic site

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AXP. JPMorgan Chase & Co. lowered their price objective on shares of American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Morgan Stanley lowered their price objective on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. BTIG Research reaffirmed a “sell” rating and set a $285.00 price objective on shares of American Express in a research report on Friday, April 24th. The Goldman Sachs Group upped their target price on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, Bank of America upped 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. One equities 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 issued a Sell rating to the stock. Based on data from MarketBeat, American Express currently has a consensus rating of “Hold” and a consensus target price of $359.05.

American Express Price Performance

NYSE AXP opened at $325.37 on Friday. American Express Company has a 52 week low of $286.15 and a 52 week 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 stock has a market cap of $222.01 billion, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.06. The company has a 50-day moving average price of $315.83 and a two-hundred day moving average price of $335.98.

American Express (NYSE:AXP) last posted its 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. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter in the prior year, the firm earned $3.64 EPS. 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. Analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Dividend Announcement

The company also recently announced 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. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio is 23.71%.

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.