Lombard Odier Asset Management Switzerland SA Has $13.32 Million Position in American Express Company $AXP

Lombard Odier Asset Management Switzerland SA raised its position in shares of American Express Company (NYSE:AXP) by 27.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 35,999 shares of the payment services company’s stock after acquiring an additional 7,720 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in American Express were worth $13,318,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AXP. Evolution Wealth Management Inc. increased its holdings in shares of American Express by 6,600.0% in 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 during the period. Joseph Group Capital Management acquired a new position in shares of American Express in the 4th quarter valued at about $26,000. Sfam LLC acquired a new position in shares of American Express in the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of American Express in the 4th quarter valued at about $28,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of American Express in the 4th quarter valued at about $29,000. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Trading Up 1.7%

NYSE:AXP opened at $341.06 on Wednesday. The stock’s 50 day moving average price is $317.35 and its 200 day moving average price is $335.49. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The company has a market capitalization of $232.72 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.36 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 (NYSE:AXP) last released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $18.60 billion. During the same quarter in the prior year, the company posted $3.64 earnings per share. The firm’s revenue 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, research analysts forecast that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend 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 agreed to buy TheFork for $700 million, adding more than 50,000 European restaurants to its dining network and expanding the company’s premium lifestyle offerings. American Express Expands Dining Ecosystem With TheFork Acquisition From Tripadvisor
• Positive Sentiment: Analysts and market commentary suggest the deal could improve AmEx’s competitive positioning in dining and experiences, which may support customer acquisition and cardholder spending over time. Analysts Offer Insights on Financial Companies: Visa (V) and American Express (AXP)
• Neutral Sentiment: BTIG reaffirmed its sell rating on American Express with a $285 price target, signaling lingering valuation concerns despite the recent stock strength.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AXP shares. JPMorgan Chase & Co. dropped their target price on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Weiss Ratings downgraded shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Barclays dropped 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 research note on Friday, April 24th. Morgan Stanley dropped 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 research note on Thursday, April 16th. Finally, Evercore set a $345.00 price target on shares of American Express in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, American Express has a consensus rating of “Hold” and a consensus target price of $359.05.

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.