Boston Trust Walden Corp Lowers Stock Holdings in American Express Company $AXP

Boston Trust Walden Corp reduced its stake in American Express Company (NYSE:AXP) by 5.6% during the first quarter, Holdings Channel.com reports. The fund owned 226,586 shares of the payment services company’s stock after selling 13,540 shares during the quarter. Boston Trust Walden Corp’s holdings in American Express were worth $68,538,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evolution Wealth Management Inc. raised its position in American Express by 6,600.0% during 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 in the last quarter. Joseph Group Capital Management bought a new position in shares of American Express during the 4th quarter worth $26,000. Sfam LLC bought a new position in shares of American Express during the 4th quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of American Express during the fourth quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of American Express in the third quarter valued at about $28,000. Institutional investors own 84.33% of the company’s stock.

Key Stories Impacting American Express

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

• Positive Sentiment: Piper Sandler upgraded American Express (AXP) from neutral to strong-buy, signaling growing analyst confidence in the company’s outlook.
• Positive Sentiment: American Express and Apple Pay launched a “Use Pay with Points” feature, letting card members redeem Membership Rewards points at checkout, which could strengthen customer engagement and boost card usage.
• Positive Sentiment: American Express, Resy, and the National Restaurant Association Educational Foundation launched Restaurant Academy, a new program that supports restaurant operators and reinforces AXP’s merchant relationships.
• Positive Sentiment: Several recent articles highlighted American Express as an undervalued Dow stock and a long-term Buffett holding, reinforcing the view that the stock still has room to run.
• Neutral Sentiment: Wall Street expects American Express to report second-quarter EPS growth in the single digits, suggesting steady but not explosive earnings momentum ahead of the upcoming results.
• Neutral Sentiment: BTIG raised its price target on AXP to $324 from $285, but kept a Sell rating, showing that even some higher target revisions are coming with caution.
• Negative Sentiment: A 247WallSt comparison piece argued Mastercard’s network-fee model offers lower risk and better margin insulation than American Express’s credit-card business, highlighting a potential structural concern for AXP.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AXP shares. 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 research note on Tuesday, April 28th. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a report on Friday, April 10th. Evercore set a $345.00 price target on shares of American Express in a research report on Wednesday, April 29th. Piper Sandler assumed coverage on shares of American Express in a research note on Monday. They set an “overweight” rating and a $396.00 price objective on the stock. Finally, JPMorgan Chase & Co. cut their price objective on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.95.

American Express Stock Performance

Shares of American Express stock opened at $351.66 on Friday. The company has a market capitalization of $239.95 billion, a PE ratio of 21.94, a P/E/G ratio of 1.43 and a beta of 1.04. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The company has a 50-day simple moving average of $322.13 and a two-hundred day simple moving average of $333.14. American Express Company has a one year low of $288.34 and a one year high of $387.49.

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, beating analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The business had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period last year, the business earned $3.64 EPS. The company’s revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts expect that American Express Company will post 17.65 EPS 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. Shareholders of record on Thursday, July 2nd will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is 23.71%.

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.