American Express Company $AXP Shares Acquired by National Pension Service

National Pension Service increased its stake in American Express Company (NYSE:AXP) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,184,985 shares of the payment services company’s stock after buying an additional 27,872 shares during the quarter. National Pension Service’s holdings in American Express were worth $438,385,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AXP. Valley Wealth Managers Inc. lifted its holdings in American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after purchasing an additional 46 shares during the period. Joseph Group Capital Management acquired a new stake in American Express in the fourth quarter worth about $26,000. Guerra Advisors Inc acquired a new stake in American Express in the third quarter worth about $28,000. Measured Wealth Private Client Group LLC acquired a new stake in American Express in the third quarter worth about $28,000. Finally, Torren Management LLC acquired a new stake in American Express in the fourth quarter worth about $32,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the subject of several research analyst reports. The Goldman Sachs Group upped their price objective on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Evercore set a $345.00 price target on shares of American Express in a research report on Wednesday, April 29th. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a research report on Friday, April 10th. JPMorgan Chase & Co. dropped their price target on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $359.05.

More American Express News

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

• Positive Sentiment: American Express was highlighted at Bernstein’s Strategic Decisions Conference, keeping management and strategy in focus for investors and suggesting the company remains confident in its growth, cardmember engagement, and premium spending model. American Express Company (AXP) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Positive Sentiment: American Express said cardmembers can now tap and ride on more transit systems across Canada, a small but supportive move that expands everyday payment acceptance and reinforces AmEx’s convenience for daily spending. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Positive Sentiment: One analyst note said American Express kept a Buy rating after a strong first quarter, which supports the view that the company’s earnings power remains solid despite broader macro concerns. American Express Stock Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Several articles compared AXP with peers such as Visa and Mastercard or with another small-business payments product, but these were more sector commentary than direct catalysts for American Express. Can AmEx Boost SMB Engagement With Its Small Business Credit Card?
• Negative Sentiment: Broader commentary about consumer confidence and retail-banking engagement suggests a less certain spending backdrop, which could limit enthusiasm for payment-volume growth if customers pull back. Warren Buffett’s Successor, Greg Abel, Just Sold UnitedHealth Group Stock. Is He Missing a Huge Opportunity?

American Express Price Performance

NYSE AXP opened at $314.86 on Friday. 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. The stock’s 50-day moving average price is $312.36 and its two-hundred day moving average price is $339.06. The company has a market cap of $214.84 billion, a PE ratio of 19.64, a PEG ratio of 1.27 and a beta of 1.08.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter in the previous year, the business posted $3.64 EPS. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts predict that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

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

About American Express

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.