Ceera Investments LLC Has $6.44 Million Position in American Express Company $AXP

Ceera Investments LLC decreased its stake in American Express Company (NYSE:AXP) by 9.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,278 shares of the payment services company’s stock after selling 2,209 shares during the quarter. American Express accounts for about 2.8% of Ceera Investments LLC’s portfolio, making the stock its 6th largest position. Ceera Investments LLC’s holdings in American Express were worth $6,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of AXP. Heartland Bank & Trust Co increased its stake in shares of American Express by 5.8% in the 1st quarter. Heartland Bank & Trust Co now owns 3,341 shares of the payment services company’s stock valued at $1,011,000 after acquiring an additional 184 shares during the last quarter. Zhang Financial LLC acquired a new position in American Express during the first quarter valued at approximately $5,013,000. Atlas Wealth LLC increased its stake in American Express by 813.1% in the first quarter. Atlas Wealth LLC now owns 8,528 shares of the payment services company’s stock valued at $2,580,000 after purchasing an additional 7,594 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in shares of American Express by 2.1% during the first quarter. Cornerstone Planning Group LLC now owns 5,453 shares of the payment services company’s stock worth $1,723,000 after purchasing an additional 114 shares in the last quarter. Finally, Gryphon Financial Partners LLC raised its stake in American Express by 1.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 2,489 shares of the payment services company’s stock worth $753,000 after buying an additional 36 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Price Performance

NYSE AXP opened at $355.44 on Friday. The firm’s 50 day moving average is $329.39 and its 200-day moving average is $331.33. 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 company has a market capitalization of $242.53 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 1.46 and a beta of 1.04. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49.

American Express (NYSE:AXP) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping the consensus estimate of $4.01 by $0.27. The business had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts anticipate that American Express Company will post 17.66 earnings per share for the current fiscal year.

American Express Announces Dividend

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 issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of American Express in a research note on Monday. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a research note on Thursday, June 18th. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Bank of America lifted their price target on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, Evercore started coverage on shares of American Express in a research report on Monday. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $374.15.

Trending Headlines about American Express

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

• Neutral Sentiment: Jefferies reiterated its Hold rating on American Express, signaling a wait-and-see stance rather than a more bullish upgrade. Jefferies Sticks to Their Hold Rating for American Express (AXP)
• Neutral Sentiment: Barclays also kept a Hold rating on AXP, reinforcing the view that analysts are not seeing an immediate upside catalyst. Barclays Keeps Their Hold Rating on American Express (AXP)
• Neutral Sentiment: Zacks-related coverage noted that American Express has been attracting trading attention, but the article does not point to a fresh operational update or earnings surprise. Here is What to Know Beyond Why American Express Company (AXP) is a Trending Stock
• Neutral Sentiment: Another Zacks piece similarly frames AXP as a trending stock without adding a new fundamental driver. Here is What to Know Beyond Why American Express Company (AXP) is a Trending Stock
• Neutral Sentiment: Coverage ahead of earnings highlighted that American Express was expected to report results soon, but the item itself did not provide a new beat/miss or guidance update. American Express (AXP) Projected to Release Earnings on Friday

American Express 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.