American Express Company $AXP Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA decreased its holdings in shares of American Express Company (NYSE:AXPFree Report) by 44.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,083 shares of the payment services company’s stock after selling 2,507 shares during the period. Insight Advisors LLC PA’s holdings in American Express were worth $933,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Evolution Wealth Management Inc. grew its position in shares of 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 buying an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new position in American Express in the fourth quarter worth about $26,000. Sfam LLC acquired a new position in American Express in the fourth quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of American Express during the fourth quarter valued at approximately $28,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of American Express during the fourth quarter valued at approximately $29,000. 84.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AXP has been the topic of several analyst reports. Morgan Stanley upgraded shares of American Express from a “positive” rating to an “overweight” rating in a research note on Monday, July 13th. Freedom Capital raised shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Guggenheim initiated coverage on American Express in a research report on Monday, July 13th. They set a “buy” rating for the company. Barclays upped their price objective on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, TD Cowen raised their target price on American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $374.11.

View Our Latest Research Report on AXP

Key Headlines Impacting American Express

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

American Express Trading Down 0.3%

Shares of NYSE:AXP opened at $351.01 on Wednesday. The company has a market cap of $239.50 billion, a P/E ratio of 21.90, a P/E/G ratio of 1.42 and a beta of 1.04. The stock’s 50-day moving average is $330.91 and its 200-day moving average is $330.74. 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.

American Express (NYSE:AXPGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts predict that American Express Company will post 17.67 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 given a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s dividend payout ratio (DPR) is 23.71%.

American Express Profile

(Free Report)

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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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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