71 West Capital Partners bought a new position in shares of American Express Company (NYSE:AXP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,260 shares of the payment services company’s stock, valued at approximately $836,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital Asset Advisory Services LLC grew its stake in shares of American Express by 2.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after buying an additional 28 shares during the last quarter. Lantz Financial LLC grew its stake in shares of American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after buying an additional 28 shares during the last quarter. Financial Management Network Inc. grew its stake in shares of American Express by 0.8% during the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock worth $1,394,000 after buying an additional 29 shares during the last quarter. Central Bank & Trust Co. grew its stake in shares of American Express by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock worth $969,000 after buying an additional 29 shares during the last quarter. Finally, Burns J W & Co. Inc. NY grew its stake in shares of American Express by 2.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company’s stock worth $518,000 after buying an additional 29 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have weighed in on AXP. Bank of America boosted their target price on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a report on Friday, April 10th. Barclays cut their price target on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, Morgan Stanley cut their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $359.05.
American Express Price Performance
Shares of NYSE:AXP opened at $335.55 on Tuesday. The firm has a market cap of $228.96 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 1.32 and a beta of 1.06. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The firm’s fifty day moving average is $316.53 and its 200-day moving average is $335.66.
American Express (NYSE:AXP – Get Free Report) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts predict that American Express Company will post 17.59 earnings per share for the current year.
American Express Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be issued a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s payout ratio is presently 23.71%.
More American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express said it will buy TheFork for $700 million in cash, expanding its dining network in Europe to about 75,000 bookable venues and reinforcing its lifestyle and travel perks strategy. Reuters article
- Positive Sentiment: The acquisition fits into AmEx’s broader effort to deepen engagement with premium customers through dining, travel, and experiences, which could help support card spending and loyalty over time. PYMNTS article
- Neutral Sentiment: Tripadvisor confirmed it agreed to sell TheFork as part of a strategic review, but the deal is more directly significant for AmEx because it strengthens its dining platform rather than changing core payments operations. Yahoo Finance article
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.
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