First Nebraska Trust Co Makes New Investment in American Express Company $AXP

First Nebraska Trust Co purchased a new stake in shares of American Express Company (NYSE:AXP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,725 shares of the payment services company’s stock, valued at approximately $583,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AXP. Cornerstone Advisory LLC increased its position in American Express by 2.9% in the 4th quarter. Cornerstone Advisory LLC now owns 1,017 shares of the payment services company’s stock valued at $376,000 after acquiring an additional 29 shares during the period. Total Clarity Wealth Management Inc. boosted its position in American Express by 3.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 874 shares of the payment services company’s stock worth $323,000 after acquiring an additional 29 shares during the period. Dover Advisors LLC boosted its position in American Express by 0.4% during the 4th quarter. Dover Advisors LLC now owns 7,977 shares of the payment services company’s stock worth $2,951,000 after acquiring an additional 29 shares during the period. Invenio Wealth Partners LLC grew its stake in shares of American Express by 3.9% in the third quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock worth $258,000 after purchasing an additional 29 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of American Express by 1.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,167 shares of the payment services company’s stock valued at $1,172,000 after purchasing an additional 30 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AXP shares. Benchmark started coverage on shares of American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. TD Cowen increased their target price on shares of American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. BTIG Research lowered their target price on shares of American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a research note on Monday, July 27th. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Finally, HSBC upped their price target on shares of American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, American Express presently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express Price Performance

NYSE AXP opened at $336.00 on Friday. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49. The business’s fifty day moving average is $343.19 and its two-hundred day moving average is $326.83. The stock has a market capitalization of $226.90 billion, a P/E ratio of 20.39, a P/E/G ratio of 1.36 and a beta of 1.04. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55.

American Express (NYSE:AXP) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The business had revenue of $19.64 billion for the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts forecast that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express’s payout ratio is presently 23.06%.

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.