Fairbanks Capital Management Inc. Increases Stock Holdings in American Express Company $AXP

Fairbanks Capital Management Inc. lifted its position in shares of American Express Company (NYSE:AXP) by 305.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,366 shares of the payment services company’s stock after acquiring an additional 4,796 shares during the period. American Express makes up approximately 1.2% of Fairbanks Capital Management Inc.’s investment portfolio, making the stock its 25th largest position. Fairbanks Capital Management Inc.’s holdings in American Express were worth $1,926,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp increased its holdings in American Express by 1.3% during the 4th quarter. State Street Corp now owns 29,464,868 shares of the payment services company’s stock valued at $10,900,528,000 after acquiring an additional 369,967 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of American Express by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company’s stock worth $3,338,238,000 after purchasing an additional 141,936 shares in the last quarter. Bank of America Corp DE raised its position in shares of American Express by 7.7% during the 4th quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock worth $2,904,218,000 after purchasing an additional 558,533 shares during the last quarter. Capital World Investors raised its position in shares of American Express by 46.7% during the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after purchasing an additional 2,393,340 shares during the last quarter. Finally, Norges Bank purchased a new stake in American Express in the 4th quarter valued at approximately $2,464,215,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Key American Express News

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

• Positive Sentiment: American Express expanded its global partnership with ALL Accor, adding elite status matching and Membership Rewards points transfers starting in 2026 across 12 markets. The move strengthens AmEx’s travel and premium-card value proposition, which could support cardholder engagement and spending. American Express and ALL Accor Expand the Power of Membership with New Global Partnership
• Positive Sentiment: AmEx also announced new B2B payments tools, including automation features and a Bottomline partnership through BIP Connect to link buyers with Paymode vendors. This should improve payment efficiency, broaden commercial card usage, and deepen AmEx’s foothold in corporate payments. Here’s How AXP Strengthens Its B2B Payments Beyond the Platinum Card
• Positive Sentiment: Additional coverage highlighted the same B2B initiative and the rollout of automated invoice reporting, reinforcing the market’s view that American Express is building a more scalable commercial payments platform. American Express and Bottomline Partner to Streamline B2B Payments
• Positive Sentiment: Analysts are also watching American Express ahead of its July 24 Q2 earnings release, with expectations calling for higher revenue and earnings on stronger network volumes and interest income. That backdrop can add optimism if investors believe AmEx can meet or beat estimates. Can AmEx Beat Q2 Earnings on Higher Network Volumes & Interest Income?

American Express Price Performance

AXP stock opened at $348.79 on Thursday. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The stock’s fifty day simple moving average is $331.70 and its 200-day simple moving average is $330.59. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $237.99 billion, a price-to-earnings ratio of 21.76, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.21 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the firm posted $3.64 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. Equities research analysts expect that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

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

Analysts Set New Price Targets

AXP has been the subject of several recent research reports. Piper Sandler downgraded American Express from an “overweight” rating to a “hold” rating in a research report on Monday, July 13th. Barclays increased their price objective on American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Wells Fargo & Company dropped their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. HSBC boosted their target price on shares of American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, UBS Group upped their target price on shares of American Express from $340.00 to $386.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $374.11.

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.