5,165 Shares in American Express Company $AXP Acquired by Element Capital Management LLC

Element Capital Management LLC acquired a new stake in American Express Company (NYSE:AXP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,165 shares of the payment services company’s stock, valued at approximately $1,911,000. American Express accounts for about 0.9% of Element Capital Management LLC’s portfolio, making the stock its 26th largest holding.

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

American Express Stock Down 0.1%

Shares of NYSE:AXP opened at $340.25 on Thursday. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49. The company has a market capitalization of $232.16 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.38 and a beta of 1.06. The business has a fifty day moving average price of $318.05 and a two-hundred day moving average price of $335.33. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The company had revenue of $14.22 billion for 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 business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts forecast that American Express Company will post 17.6 earnings per share for the current year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AXP shares. Morgan Stanley lowered their target price on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. BTIG Research reissued a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Tuesday. Bank of America lifted their target price on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. lowered their price target on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, American Express has an average rating of “Hold” and a consensus target price of $359.05.

More American Express News

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

• Positive Sentiment: American Express agreed to buy Tripadvisor’s TheFork platform for about $700 million in cash, expanding its European dining network and potentially making its premium card offerings more attractive to customers. TheFork Joins AmEx’s Growing Global Dining Network in $700M Deal
• Positive Sentiment: Several reports noted that the TheFork deal could be viewed as value-creating and supportive of American Express’s long-term growth strategy, reinforcing its push into dining and experiences. TheFork Joins AmEx’s Growing Global Dining Network in $700M Deal
• Neutral Sentiment: Analyst commentary remains mixed, with some firms highlighting American Express as an attractive value/growth name while others continue to recommend caution, creating an uneven sentiment backdrop for the shares. Analysts Have Conflicting Sentiments on These Financial Companies: Progressive (PGR) and American Express (AXP)
• Neutral Sentiment: BTIG reiterated a sell rating and a $285 price target, which suggests some downside risk and may temper enthusiasm around the recent gains. Benzinga report on BTIG rating

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.