FFT Wealth Management LLC Has $248,000 Stock Holdings in American Express Company $AXP

FFT Wealth Management LLC cut its holdings in American Express Company (NYSE:AXP) by 77.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 670 shares of the payment services company’s stock after selling 2,330 shares during the quarter. FFT Wealth Management LLC’s holdings in American Express were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AXP. Valley Wealth Managers Inc. increased its stake in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. Joseph Group Capital Management acquired a new stake in shares of American Express in the fourth quarter valued at $26,000. Guerra Advisors Inc acquired a new stake in shares of American Express in the third quarter valued at $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express in the third quarter valued at $28,000. Finally, Torren Management LLC acquired a new stake in shares of American Express in the fourth quarter valued at $32,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Price Performance

Shares of AXP stock opened at $311.98 on Monday. The stock has a 50-day moving average price of $311.35 and a 200 day moving average price of $340.54. 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 firm has a market cap of $212.87 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.27 and a beta of 1.08. American Express Company has a 12 month low of $281.46 and a 12 month high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The firm had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue was up 11.4% on a year-over-year basis. During the same period last year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts expect that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 3rd were given a $0.95 dividend. The ex-dividend date was Thursday, April 2nd. This is a positive change from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio is 23.71%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Loop Capital assumed coverage on American Express in a research note on Thursday. They issued a “buy” rating and a $389.00 target price for the company. Barclays lowered their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Wells Fargo & Company lowered their target price on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. The Goldman Sachs Group raised their target price on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Bank of America lifted their price objective on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $359.05.

American Express News Roundup

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

• Positive Sentiment: Analysts highlighted American Express’s resilient premium spending, strong earnings growth, and expanding lifestyle ecosystem as reasons it may have more upside than PayPal. American Express vs. PayPal: Which Fintech Stock Has More Upside?
• Positive Sentiment: American Express expanded its sports-commerce strategy through a Fanatics tie-up, adding a co-branded card and rewards integration that could support card usage and customer engagement. AmEx Expands Sports Commerce Strategy With Fanatics Tie-Up
• Positive Sentiment: American Express was also mentioned as one of Warren Buffett’s long-term “forever” holdings, reinforcing investor confidence in the company’s durable business model and cash-generating ability. Warren Buffett’s favorite stocks to buy and hold forever
• Neutral Sentiment: Other articles simply reiterated American Express’s status as a Buffett-backed dividend and quality financial stock, which supports the investment case but does not represent a new catalyst. 2 Warren Buffett Stocks That Pay You a Passive Income
• Neutral Sentiment: A broader market piece said weakness in American Express is drawing attention to S&P 500 value stocks, which is more of a commentary on relative valuation than a direct negative company-specific development. American Express Weakness Puts S&P 500 Value In Focus
• Neutral Sentiment: Promotional news about new Hilton and Marriott card offers may support future card sign-ups, but it appears to be routine marketing rather than a major earnings-moving event. New Hilton and Marriott credit card offers — earn up to 175,000 points

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.