Howe & Rusling Inc. Grows Stock Holdings in American Express Company $AXP

Howe & Rusling Inc. raised its position in American Express Company (NYSE:AXP) by 97.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,191 shares of the payment services company’s stock after acquiring an additional 1,576 shares during the quarter. Howe & Rusling Inc.’s holdings in American Express were worth $1,181,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of AXP. Brighton Jones LLC increased its position in shares of American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after acquiring an additional 1,273 shares during the period. Sivia Capital Partners LLC increased its position in shares of American Express by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after acquiring an additional 200 shares during the period. Schnieders Capital Management LLC. purchased a new position in shares of American Express in the second quarter valued at about $428,000. Howland Capital Management LLC increased its position in shares of American Express by 4.2% in the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock valued at $707,000 after acquiring an additional 90 shares during the period. Finally, HUB Investment Partners LLC boosted its holdings in American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after acquiring an additional 481 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. The Goldman Sachs Group lifted their price target on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Weiss Ratings cut shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. BTIG Research reiterated a “sell” rating and issued a $285.00 price target on shares of American Express in a report on Tuesday. Evercore set a $345.00 price target on shares of American Express in a report on Wednesday, April 29th. Finally, Wells Fargo & Company cut their price target on shares of American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $359.05.

American Express Stock Performance

NYSE:AXP opened at $341.06 on Wednesday. The stock has a market cap of $232.72 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 1.36 and a beta of 1.06. The firm’s fifty day simple moving average is $317.35 and its 200 day simple moving average is $335.49. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating 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 analysts’ expectations of $18.60 billion. During the same quarter in the previous year, the business posted $3.64 EPS. The company’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. As a group, research analysts predict that American Express Company will post 17.59 EPS for the current year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued 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 payout ratio is 23.71%.

American Express News Summary

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.

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.