American Express Company (NYSE:AXP) Receives Average Recommendation of “Hold” from Analysts

American Express Company (NYSE:AXP) has been assigned a consensus rating of “Hold” from the twenty-four research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation, nine have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $359.05.

A number of analysts recently weighed in on AXP shares. Truist Financial cut their target price on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Wells Fargo & Company dropped their price target on shares of American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a research note on Friday, April 10th. The Goldman Sachs Group increased their price target on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley dropped their price target on shares of 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.

American Express Stock Up 3.1%

AXP stock opened at $335.55 on Thursday. The company’s 50 day moving average price is $316.53 and its 200 day moving average price is $335.66. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express has a fifty-two week low of $288.34 and a fifty-two week high of $387.49. The firm has a market capitalization of $228.96 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 1.32 and a beta of 1.06.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the firm earned $3.64 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts anticipate that American Express will post 17.59 EPS for the current fiscal year.

American Express Announces Dividend

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

Hedge Funds Weigh In On American Express

Several hedge funds have recently added to or reduced their stakes in AXP. Norges Bank purchased a new position in American Express in the fourth quarter valued at approximately $2,464,215,000. Capital World Investors boosted its holdings in shares of American Express by 46.7% in the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock valued at $2,780,424,000 after acquiring an additional 2,393,340 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of American Express by 350.0% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,236,438 shares of the payment services company’s stock valued at $373,998,000 after acquiring an additional 961,698 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of American Express by 27.0% in the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after acquiring an additional 845,283 shares during the period. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of American Express by 73.8% in the first quarter. Pictet Asset Management Holding SA now owns 1,451,606 shares of the payment services company’s stock valued at $438,975,000 after acquiring an additional 616,498 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express News Roundup

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

• Positive Sentiment: American Express said it will buy TheFork for $700 million in cash, expanding its dining network in Europe to about 75,000 bookable venues and reinforcing its lifestyle and travel perks strategy. Reuters article
• Positive Sentiment: The acquisition fits into AmEx’s broader effort to deepen engagement with premium customers through dining, travel, and experiences, which could help support card spending and loyalty over time. PYMNTS article
• Neutral Sentiment: Tripadvisor confirmed it agreed to sell TheFork as part of a strategic review, but the deal is more directly significant for AmEx because it strengthens its dining platform rather than changing core payments operations. Yahoo Finance article

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.