Blair William & Co. IL Sells 3,443 Shares of American Express Company $AXP

Blair William & Co. IL lowered its holdings in American Express Company (NYSE:AXP) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 700,047 shares of the payment services company’s stock after selling 3,443 shares during the period. Blair William & Co. IL’s holdings in American Express were worth $258,982,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AXP. Evolution Wealth Management Inc. raised its position in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management bought a new stake in shares of American Express in the fourth quarter valued at approximately $26,000. Sfam LLC bought a new stake in shares of American Express in the fourth quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of American Express in the fourth quarter valued at approximately $28,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of American Express during the 3rd quarter valued at $28,000. Institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the topic of a number of analyst reports. Truist Financial decreased 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. Loop Capital initiated coverage on American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price objective on the stock. Royal Bank Of Canada set a $415.00 price objective on American Express in a research note on Friday, April 10th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Finally, Barclays decreased their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $359.05.

American Express Stock Performance

American Express stock opened at $341.06 on Wednesday. The firm’s 50 day simple moving average is $317.35 and its 200 day simple moving average is $335.49. 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 firm has a market capitalization of $232.72 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.36 and a beta of 1.06. American Express Company has a 1-year low of $288.34 and a 1-year high of $387.49.

American Express (NYSE:AXP) last posted 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. The business had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is currently 23.71%.

Trending Headlines about American Express

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

• Positive Sentiment: American Express agreed to buy TheFork for $700 million, adding more than 50,000 European restaurants to its dining network and expanding the company’s premium lifestyle offerings. American Express Expands Dining Ecosystem With TheFork Acquisition From Tripadvisor
• Positive Sentiment: Analysts and market commentary suggest the deal could improve AmEx’s competitive positioning in dining and experiences, which may support customer acquisition and cardholder spending over time. Analysts Offer Insights on Financial Companies: Visa (V) and American Express (AXP)
• Neutral Sentiment: BTIG reaffirmed its sell rating on American Express with a $285 price target, signaling lingering valuation concerns despite the recent stock strength.

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.