38,733 Shares in American Express Company $AXP Purchased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in American Express Company (NYSE:AXP) during the fourth quarter, Holdings Channel.com reports. The firm purchased 38,733 shares of the payment services company’s stock, valued at approximately $14,329,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Flagship Wealth Advisors LLC increased its stake in American Express by 87.4% in the 4th quarter. Flagship Wealth Advisors LLC now owns 995 shares of the payment services company’s stock worth $368,000 after purchasing an additional 464 shares in the last quarter. Parallel Advisors LLC increased its stake in American Express by 1.6% in the 4th quarter. Parallel Advisors LLC now owns 13,575 shares of the payment services company’s stock worth $5,022,000 after purchasing an additional 214 shares in the last quarter. Victrix Investment Advisors purchased a new position in American Express in the 4th quarter worth about $1,609,000. Prestige Wealth Management Group LLC increased its stake in American Express by 2.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,715 shares of the payment services company’s stock worth $634,000 after purchasing an additional 48 shares in the last quarter. Finally, SlateStone Wealth LLC purchased a new position in American Express during the 4th quarter valued at about $296,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Stock Down 0.7%

AXP opened at $310.48 on Friday. The business has a 50 day moving average price of $313.91 and a 200 day moving average price of $336.92. American Express Company has a twelve month low of $286.15 and a twelve month high of $387.49. 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 firm has a market cap of $211.85 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 1.27 and a beta of 1.06.

American Express (NYSE:AXP) last posted its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping 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 firm had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same period in the previous year, the company earned $3.64 EPS. The company’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. Research analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s payout ratio is currently 23.71%.

Key American Express News

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

Wall Street Analyst Weigh In

AXP has been the topic of several research analyst reports. Weiss Ratings cut American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Bank of America lifted their target price on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Wells Fargo & Company lowered their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, Morgan Stanley lowered their target price on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $359.05.

American Express Company 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.