Financial Solutions Advisory Group Inc. bought a new position in shares of American Express Company (NYSE:AXP) in the first quarter, HoldingsChannel reports. The firm bought 2,475 shares of the payment services company’s stock, valued at approximately $749,000.
Several other institutional investors and hedge funds also recently modified their holdings of AXP. Cozad Asset Management Inc. grew its position in shares of American Express by 3.9% in the first quarter. Cozad Asset Management Inc. now owns 6,196 shares of the payment services company’s stock valued at $1,874,000 after purchasing an additional 230 shares during the last quarter. Axiom Investment Management LLC acquired a new position in shares of American Express during the 1st quarter worth approximately $234,000. Summitry LLC lifted its stake in American Express by 131.9% in the 1st quarter. Summitry LLC now owns 1,382 shares of the payment services company’s stock valued at $418,000 after buying an additional 786 shares in the last quarter. Groupama Asset Managment lifted its stake in American Express by 21.9% in the 1st quarter. Groupama Asset Managment now owns 1,346 shares of the payment services company’s stock valued at $407,000 after buying an additional 242 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in American Express during the 1st quarter valued at $8,068,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on AXP. Bank of America raised their price target on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Guggenheim initiated coverage on American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. HSBC lifted their price objective on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. Finally, Evercore set a $370.00 target price on shares of American Express in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $372.95.
American Express Price Performance
American Express stock opened at $336.82 on Friday. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.62 and a current ratio of 1.55. The firm has a 50 day moving average price of $334.97 and a 200 day moving average price of $328.77. The company has a market cap of $227.46 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 1.36 and a beta of 1.04.
American Express (NYSE:AXP – Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The company had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. American Express’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts predict that American Express Company will post 17.67 earnings per share for the current year.
American Express Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is 23.06%.
Key Stories Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express reported second-quarter earnings of $4.53 per share, above the $4.41 analyst estimate, while revenue increased 10% year over year. Management cited strong new-card acquisition, higher engagement from existing customers and momentum from the refreshed Platinum Card. 5 Must-Read Analyst Questions From American Express’s Q2 Earnings Call
- Positive Sentiment: Analysts continue to view AXP favorably, with the stock carrying an average “Moderate Buy” recommendation. Commentators including Jim Cramer characterized the post-earnings weakness as a potential buying opportunity, citing the company’s earnings beat, growth outlook and competitive position. American Express Receives Average Recommendation of Moderate Buy
- Positive Sentiment: American Express is expanding its business-payments capabilities beyond faster settlement toward greater controls, policy management and data-driven oversight. These initiatives could deepen relationships with corporate customers and support longer-term payments growth. Mastercard and Amex Turn B2B Payments Into a Living Control Layer
- Positive Sentiment: Amex Global Business Travel launched an integration with Anthropic’s Claude that allows travelers and enterprise AI agents to book and manage policy-compliant air and hotel reservations. The move could improve Amex’s corporate-travel relevance as AI-driven booking develops. Amex GBT Empowers Claude to Book Corporate Travel
- Neutral Sentiment: Recent analyst coverage emphasizes AXP’s durable premium-card franchise, but investors are weighing that growth story against a share price trading at roughly 20 times earnings and near its moving-average levels. American Express Growth Story Keeps Building
- Negative Sentiment: The principal near-term headwind is the market’s negative response to the second-quarter report. Although earnings slightly beat estimates and revenue was broadly in line with expectations, investors may have wanted stronger evidence that accelerated spending and premium-product adoption will justify current valuation levels. Top Analyst Reports for Microsoft, Palo Alto Networks and American Express
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.
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