American Express Company $AXP Holdings Lifted by MCF Advisors LLC

MCF Advisors LLC boosted its position in shares of American Express Company (NYSE:AXP) by 96.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,358 shares of the payment services company’s stock after buying an additional 3,125 shares during the period. MCF Advisors LLC’s holdings in American Express were worth $2,352,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Evolution Wealth Management Inc. boosted its position in shares of American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management acquired a new position in shares of American Express in the 4th quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of American Express in the 3rd quarter valued at $28,000. Torren Management LLC acquired a new position in shares of American Express in the 4th quarter valued at $32,000. Finally, Entrust Financial LLC acquired a new position in shares of American Express in the 4th quarter valued at $41,000. Institutional investors own 84.33% of the company’s stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

American Express Stock Down 0.7%

Shares of American Express stock opened at $310.48 on Friday. The stock has a 50-day moving average price of $313.91 and a 200 day moving average price of $336.92. The company has a market cap of $211.85 billion, a P/E ratio of 19.37, a P/E/G ratio of 1.27 and a beta of 1.06. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. American Express Company has a 1 year low of $286.15 and a 1 year 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $0.27. The firm had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts expect that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s dividend payout ratio (DPR) is 23.71%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group increased their price target on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Wells Fargo & Company decreased their price target 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. JPMorgan Chase & Co. decreased their price target on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. Finally, Morgan Stanley decreased their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $359.05.

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.