Empire Financial Management Company LLC Sells 1,947 Shares of American Express Company $AXP

Empire Financial Management Company LLC reduced its position in American Express Company (NYSE:AXP) by 13.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,087 shares of the payment services company’s stock after selling 1,947 shares during the quarter. Empire Financial Management Company LLC’s holdings in American Express were worth $3,959,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. raised its holdings in American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new stake in shares of American Express during the fourth quarter worth $26,000. Sfam LLC purchased a new stake in American Express during the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in American Express in the fourth quarter valued at approximately $28,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of American Express in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Trading Up 0.3%

AXP opened at $336.51 on Wednesday. The business’s 50-day simple moving average is $333.51 and its 200-day simple moving average is $329.35. The company has a market cap of $227.25 billion, a P/E ratio of 20.42, a PEG ratio of 1.35 and a beta of 1.04. American Express Company has a one year low of $288.34 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.62 and a current ratio of 1.55.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same period in the prior year, the company posted $4.08 earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts expect that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be given a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. American Express’s payout ratio is 23.06%.

Wall Street Analyst Weigh In

AXP has been the topic of several analyst reports. Truist Financial raised their target price on American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Loop Capital began coverage on shares of American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 target price for the company. The Goldman Sachs Group increased their price objective on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada lowered shares of American Express from a “moderate buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Barclays boosted their price target on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $372.95.

Key Stories Impacting American Express

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

• Positive Sentiment: Analyst support is improving. KBW and Deutsche Bank both assigned Buy ratings to AXP, helping reinforce the view that the recent pullback has created an attractive entry point. American Express Receives a Buy from KBW American Express Gets a Buy from Deutsche Bank
• Positive Sentiment: Card spending and revenue momentum remain healthy. American Express raised its 2026 revenue-growth outlook to 10%, citing continued spending strength. Management plans to reinvest operating gains in customers, technology and strategic capabilities, which analysts view as supportive of longer-term growth. AXP Q2 Earnings Call Highlights Reinvestment Strategy
• Positive Sentiment: Quarterly earnings exceeded expectations. AXP reported quarterly EPS of $4.53 versus the $4.41 consensus, while revenue increased 10% year over year. Analysts also highlighted resilient spending among premium cardholders and maintained optimistic long-term views. American Express Revenue Momentum Could Drive Higher Reinvestment
• Neutral Sentiment: Valuation opinions are mixed. One analysis found meaningful upside using an excess-returns model, supported by product changes and partnerships, but noted that AXP’s strong five-year performance has already priced in much of its business strength. Jefferies continues to rate the shares Hold. American Express Stock Still Looks Below Fair Value Today
• Negative Sentiment: Expenses and guidance quality remain concerns. Although earnings beat estimates, analysts cited weaker-than-expected sales and 2026 sales guidance slightly below consensus. Higher reinvestment and operating costs could limit near-term margin expansion. Analysts Cut Forecasts Following Q2 Earnings
• Negative Sentiment: Some analysts remain cautious. BTIG downgraded AXP to Sell and lowered its price target to $315, while separate commentary argued investors should wait for a better entry point. BTIG American Express Rating Update

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.