American Express (NYSE:AXP) Price Target Raised to $385.00

American Express (NYSE:AXP) had its price target boosted by JPMorgan Chase & Co. from $360.00 to $385.00 in a research note released on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the payment services company’s stock.

A number of other analysts have also recently issued reports on AXP. Keefe, Bruyette & Woods boosted their price objective on American Express from $371.00 to $394.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Compass Point reiterated a “neutral” rating and set a $324.00 price target on shares of American Express in a research note on Monday, October 20th. Evercore ISI set a $400.00 price objective on shares of American Express in a research note on Tuesday, January 6th. Morgan Stanley set a $370.00 price objective on shares of American Express in a report on Tuesday, December 16th. Finally, Barclays lifted their target price on shares of American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. Nine investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $352.82.

American Express Stock Down 0.1%

Shares of AXP opened at $357.72 on Monday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.59 and a current ratio of 1.61. The company has a 50-day simple moving average of $368.79 and a 200-day simple moving average of $340.62. American Express has a 52 week low of $220.43 and a 52 week high of $387.49. The firm has a market capitalization of $246.42 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.50 and a beta of 1.15.

American Express (NYSE:AXP) last released its earnings results on Friday, January 30th. The payment services company reported ($11.85) earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($15.41). The firm had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. American Express had a return on equity of 33.41% and a net margin of 14.97%. On average, equities research analysts expect that American Express will post 15.33 earnings per share for the current year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 2nd will be given a dividend of $0.82 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. American Express’s dividend payout ratio (DPR) is 22.01%.

Insider Activity at American Express

In other news, insider Douglas Tabish sold 2,515 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $355.61, for a total value of $894,359.15. Following the transaction, the insider directly owned 2,515 shares of the company’s stock, valued at $894,359.15. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Elizabeth Rutledge sold 50,000 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $360.21, for a total value of $18,010,500.00. Following the sale, the chief marketing officer owned 85,577 shares in the company, valued at approximately $30,825,691.17. This trade represents a 36.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,515 shares of company stock valued at $20,658,509 in the last ninety days. Insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On American Express

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC lifted its position in American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after buying an additional 1,273 shares in the last quarter. TrueWealth Advisors LLC bought a new position in shares of American Express in the second quarter worth about $242,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of American Express by 26.6% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,858 shares of the payment services company’s stock worth $912,000 after purchasing an additional 601 shares in the last quarter. Somerset Trust Co acquired a new position in shares of American Express during the second quarter worth approximately $217,000. Finally, Wesbanco Bank Inc. grew its stake in shares of American Express by 153.5% during the second quarter. Wesbanco Bank Inc. now owns 12,558 shares of the payment services company’s stock valued at $4,006,000 after purchasing an additional 7,605 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: Analysts see upside for AXP based on fundamentals and valuation — a recent report forecasts strong price appreciation for American Express. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for American Express
• Positive Sentiment: Market commentators and some experts recommend buying credit‑card stocks despite the political noise, arguing the industry can absorb regulatory shifts and AXP’s brand/merchant network is a durable advantage. These Experts Say Buy Credit Card Stocks Despite Trump’s Threats
• Positive Sentiment: Analysis pieces argue American Express is well‑positioned to weather a rate cap because of diversified revenue streams and premium customer base. American Express stock well-positioned to weather Trump’s credit-card cap
• Neutral Sentiment: Comparisons with peers (e.g., Burford Capital) and value screens are prompting investors to reassess AXP’s valuation versus alternatives — useful for longer‑term positioning but less immediate market moving. BUR vs. AXP: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Coverage asking whether the dip is a buying opportunity highlights volatility-driven entry points; useful to investors weighing risk/reward but not a direct catalyst. American Express Stock Dips. Time to Buy?
• Negative Sentiment: Wall Street bankers publicly blasted the proposal, saying a 10% cap would upend card economics; that political risk sent banking and card stocks lower. More top Wall Street bankers blast Trump’s proposal to cap interest on credit card payments
• Negative Sentiment: Bank executives warn a 10% cap would freeze lending and reduce access for many consumers, implying potential volume declines and margin pressure for card issuers like AXP. Wall Street Vs. White House: CEOs Warn Trump’s 10% Credit Card Rate Cap Would Freeze Lending
• Negative Sentiment: Coverage highlights the industry pushback — JPMorgan and other banks say they’d consider legal/political fights; heightened regulatory uncertainty is a near‑term headwind for AXP’s stock. JPMorgan Chase says banks could fight Trump credit card rate cap
• Negative Sentiment: Reports warn a cap could eliminate access for millions, pressuring consumer spending and card volumes — a material risk to card issuers’ growth outlook. Trump’s proposed credit card interest rate cap could curb access for millions Americans

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.