GFI Investment Counsel Ltd. Has $75.39 Million Stake in American Express Company $AXP

GFI Investment Counsel Ltd. trimmed its holdings in shares of American Express Company (NYSE:AXP) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,789 shares of the payment services company’s stock after selling 2,174 shares during the quarter. American Express accounts for about 8.0% of GFI Investment Counsel Ltd.’s portfolio, making the stock its 5th largest position. GFI Investment Counsel Ltd.’s holdings in American Express were worth $75,392,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target on the stock. Weiss Ratings downgraded shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. BTIG Research reiterated a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Tuesday. Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. cut their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, American Express has a consensus rating of “Hold” and a consensus target price of $360.80.

American Express Price Performance

Shares of AXP opened at $338.86 on Friday. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49. The business’s fifty day moving average is $318.70 and its 200 day moving average is $335.13. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The stock has a market cap of $231.22 billion, a P/E ratio of 21.14, a P/E/G ratio of 1.40 and a beta of 1.06.

American Express (NYSE:AXP) last posted its quarterly 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 $14.21 billion during 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%. American Express’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts anticipate that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is currently 23.71%.

American Express News Roundup

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

• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: One market note says AXP is breaking out through technical resistance, which can attract momentum traders and support the stock. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Positive Sentiment: Recent coverage also highlights American Express as an attractive long-term investment and suggests the company still has room to benefit from continued demand in digital payments and premium spending. What Makes American Express Company (AXP) an Attractive Bet?
• Neutral Sentiment: Several articles compare AXP with peers like Mastercard and ask whether the stock still has upside after a strong multi-year run, reflecting ongoing debate over valuation rather than a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Analyst roundups show mixed sentiment on AXP, which may limit conviction even as the stock trades near recent highs. Analysts Conflicted on These Financial Names: Suncorp Group (OtherSNMYF), Westpac Banking (OtherWEBNF) and American Express (AXP)
• Negative Sentiment: Some commentary suggests Mastercard may offer more upside than American Express, which could weigh on AXP by comparison as investors rotate toward faster-growing payments names. Mastercard vs. American Express: Which Stock Has More Upside Now?

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.