Providence First Trust Co Invests $929,000 in American Express Company $AXP

Providence First Trust Co purchased a new position in shares of American Express Company (NYSE:AXP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,511 shares of the payment services company’s stock, valued at approximately $929,000.

A number of other hedge funds have also added to or reduced their stakes in AXP. Brighton Jones LLC boosted its holdings in shares of American Express by 24.4% in the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after purchasing an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of American Express during the 2nd quarter worth $428,000. Howland Capital Management LLC lifted its position in shares of American Express by 4.2% during the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after buying an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC boosted its stake in American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after buying an additional 481 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

Insider Buying and Selling at American Express

In other news, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the transaction, the insider owned 8,945 shares in the company, valued at approximately $3,189,608.10. The trade was a 62.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Howard Grosfield sold 8,134 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 73,944 shares of company stock worth $26,114,366 over the last ninety days. Insiders own 0.14% of the company’s stock.

American Express Stock Performance

Shares of AXP stock opened at $315.95 on Wednesday. The firm has a market capitalization of $215.58 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 1.30 and a beta of 1.08. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The business’s 50-day moving average price is $311.11 and its 200-day moving average price is $344.26. American Express Company has a 12 month low of $273.61 and a 12 month high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings data 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 company had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be given a $0.95 dividend. This is an increase from American Express’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio is currently 23.71%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wells Fargo & Company lowered their target price on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Truist Financial decreased their price target on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Weiss Ratings cut shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. dropped their price objective on shares of American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, TD Cowen restated a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $357.47.

Trending Headlines about American Express

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

• Positive Sentiment: Sale of remaining ~30% stake in Global Business Travel (GBT) will unlock cash and an expected pre‑tax gain, providing ammunition for buybacks/dividends and reducing exposure to travel services. AmEx’s GBT Exit and Q1 Beat
• Positive Sentiment: Q1 results showed an EPS beat and management reaffirmed 2026 guidance — evidence of earnings resilience that supports the stock’s capital-return plans. AmEx’s Q1 Beat / Guidance
• Positive Sentiment: Airfare inflation and tighter flight capacity are pushing consumers toward cheaper alternatives and rewards programs — a macro tailwind for card spend and loyalty benefits that favor networks like AmEx. Airfares Jump 15%
• Neutral Sentiment: Board declared the quarterly dividend on Series D preferred shares (routine funding item for shareholders of the preferred series). Preferred Dividend Declared
• Neutral Sentiment: Management will appear at investor conferences and the company issued fixed‑to‑floating rate notes — both items increase transparency and adjust capital structure but are not material earnings drivers on their own. Investor Conferences Fixed-to-Floating Notes
• Negative Sentiment: Some analysts and income investors are questioning whether the company can sustain a faster-growing common dividend after a 16% raise and the larger payout schedule. That concern can pressure the stock if investors worry about future cash flow allocation. Can American Express Keep Up With Its Swelling Dividend?
• Negative Sentiment: Despite the EPS beat, some headline revenue figures and market expectations (citations in coverage) raised questions about topline momentum — investors may be selling into the news or rotating out on valuation/technical concerns. Will Strong Q1 Earnings, Card Upgrades And Asset Sale Proceeds Change AXP Narrative

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.