American Express Company $AXP Shares Purchased by World Investment Advisors

World Investment Advisors boosted its position in American Express Company (NYSE:AXP) by 37.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,846 shares of the payment services company’s stock after purchasing an additional 3,220 shares during the quarter. World Investment Advisors’ holdings in American Express were worth $4,382,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Gratus Wealth Advisors LLC raised its stake in American Express by 0.8% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after purchasing an additional 28 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its stake in shares of American Express by 10.0% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after acquiring an additional 28 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in shares of American Express by 2.4% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after acquiring an additional 28 shares during the last quarter. Lantz Financial LLC increased its stake in shares of American Express by 3.6% in the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after acquiring an additional 28 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its stake in shares of American Express by 2.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock worth $458,000 after acquiring an additional 29 shares during the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. BTIG Research reaffirmed a “sell” rating and issued a $285.00 target price on shares of American Express in a research note on Friday, April 24th. Royal Bank Of Canada set a $415.00 target price on American Express in a research note on Friday, April 10th. Evercore set a $345.00 target price on American Express in a research note on Wednesday, April 29th. Truist Financial cut their target price on American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. Finally, Weiss Ratings downgraded American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $357.47.

American Express Stock Performance

NYSE AXP opened at $312.94 on Friday. The stock has a market cap of $213.53 billion, a PE ratio of 19.52, a P/E/G ratio of 1.26 and a beta of 1.08. 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 twelve month low of $281.46 and a twelve month high of $387.49. The stock has a fifty day simple moving average of $310.68 and a 200-day simple moving average of $342.61.

American Express (NYSE:AXP) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the business posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts anticipate that American Express Company will post 17.59 earnings per share for the current year.

American Express Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 3rd were issued a dividend of $0.95 per share. The ex-dividend date was Thursday, April 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from American Express’s previous quarterly dividend of $0.82. American Express’s dividend payout ratio (DPR) is currently 23.71%.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express is expanding card acceptance at three Canadian restaurant chains, a move that could increase dining-related transaction volume and strengthen cardmember usage. Can AmEx’s Canada Dining Expansion Drive Higher Card Spend?
• Positive Sentiment: Lowe’s launched a MyLowe’s Pro Rewards American Express Card, adding another co-branded partnership that can broaden AmEx’s merchant reach and support future card spend growth. Lowe’s Pro Card Launch Aims To Deepen Rewards And Undervaluation Story
• Neutral Sentiment: Market commentary noted that American Express stock outperformed competitors even on a down day, suggesting relative strength rather than a company-specific catalyst. American Express Co. stock outperforms competitors despite losses on the day
• Neutral Sentiment: American Express was included in a broad article about Warren Buffett’s favorite stocks, which may keep investor attention on the name but does not indicate a new business development. Warren Buffett Has Beaten the Market Over a 60-Year Stretch. Here Are 3 of the Billionaire’s Favorite Stocks.
• Negative Sentiment: No major negative company-specific catalyst was reported in the latest items, so recent news does not point to a clear fundamental reason for weakness. American Express Stock: Analyst Estimates & Ratings

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.