2,457 Shares in American Express Company $AXP Purchased by SG Trading Solutions LLC

SG Trading Solutions LLC purchased a new position in American Express Company (NYSE:AXPFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,457 shares of the payment services company’s stock, valued at approximately $909,000.

Other large investors also recently made changes to their positions in the company. Evolution Wealth Management Inc. lifted its stake in 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 valued at $25,000 after purchasing an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new stake in American Express during the fourth quarter worth approximately $26,000. Sfam LLC acquired a new position in American Express in the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of American Express in the fourth quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of American Express in the fourth quarter valued at $29,000. Institutional investors own 84.33% of the company’s stock.

Key Headlines Impacting American Express

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Bank of America boosted their target price on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Barclays reduced their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Morgan Stanley decreased their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada set a $415.00 price target on American Express in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Express presently has a consensus rating of “Hold” and a consensus price target of $360.80.

View Our Latest Stock Analysis on AXP

American Express Stock Down 0.5%

Shares of NYSE:AXP opened at $338.86 on Friday. The firm has a 50 day simple moving average of $318.70 and a 200 day simple moving average of $335.13. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market cap of $231.22 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 1.40 and a beta of 1.06.

American Express (NYSE:AXPGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the company posted $3.64 EPS. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts expect that American Express Company will post 17.65 earnings per share for the current year.

American Express Announces Dividend

The firm also recently declared 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. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s payout ratio is currently 23.71%.

American Express Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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