Eurizon SLJ Capital Ltd Invests $591,000 in American Express Company $AXP

Eurizon SLJ Capital Ltd purchased a new position in shares of American Express Company (NYSE:AXP) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,598 shares of the payment services company’s stock, valued at approximately $591,000.

Other large investors also recently made changes to their positions in the company. Joseph Group Capital Management bought a new stake in shares of American Express during the 4th quarter worth about $26,000. Valley Wealth Managers Inc. boosted its stake in shares of American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after acquiring an additional 46 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of American Express during the 3rd quarter worth about $28,000. Guerra Advisors Inc bought a new stake in shares of American Express during the 3rd quarter worth about $28,000. Finally, Torren Management LLC bought a new stake in shares of American Express during the 4th quarter worth about $32,000. Institutional investors own 84.33% of the company’s stock.

Trending Headlines about American Express

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

• Positive Sentiment: American Express launched a new business card aimed at niche small and midsize businesses, including interior designers, which suggests continued product expansion and a push to deepen relationships with higher-value commercial customers. American Express Targets Niche SMEs With New Interior Designer Business Card
• Positive Sentiment: American Express cardmembers can now tap and ride on more transit systems across Canada, a small but constructive sign that the company is expanding everyday payment usage and improving card utility. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Neutral Sentiment: Analyst and conference coverage highlighted American Express at Bernstein’s strategic decisions conference and followed up on its strong first-quarter results, reinforcing the view that fundamentals remain solid even as consumers face pressure. American Express Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Options-market activity has drawn attention, which can signal expectations for a meaningful move, but the article does not provide a clear fundamental catalyst by itself. Do Options Traders Know Something About American Express Stock We Don’t?
• Neutral Sentiment: Several items were mostly background or general-interest pieces about the company’s history, workforce, or Buffett ownership rather than immediate stock drivers. History of American Express: Company timeline & facts
• Negative Sentiment: There was no major negative company-specific news in the latest set, but broader commentary noted ongoing concerns about consumer confidence, which could temper enthusiasm if spending slows. American Express Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence

American Express Trading Up 0.5%

American Express stock opened at $316.55 on Friday. The business has a 50 day moving average price of $312.81 and a two-hundred day moving average price of $338.90. 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 $215.99 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. American Express Company has a 12 month low of $286.15 and a 12 month high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. The firm had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were issued a $0.95 dividend. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s payout ratio is currently 23.71%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AXP shares. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price target for the company. JPMorgan Chase & Co. decreased their target price on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. UBS Group restated a “neutral” rating and set a $395.00 target price on shares of American Express in a research note on Wednesday, February 4th. Truist Financial decreased their target price on American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. Finally, Barclays decreased their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, nine have issued 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 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.