Saxon Interests Inc. Has $711,000 Stock Position in American Express Company $AXP

Saxon Interests Inc. cut its stake in shares of American Express Company (NYSE:AXP) by 50.9% in the 1st quarter, HoldingsChannel reports. The fund owned 2,351 shares of the payment services company’s stock after selling 2,434 shares during the quarter. Saxon Interests Inc.’s holdings in American Express were worth $711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in AXP. Brighton Jones LLC increased its stake in shares of American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC grew its holdings in American Express by 13.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in American Express during the 2nd quarter worth $428,000. Howland Capital Management LLC increased its position in 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 period. Finally, HUB Investment Partners LLC lifted its holdings in shares of American Express by 19.9% during the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock worth $924,000 after buying an additional 481 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

American Express Stock Down 1.8%

AXP stock opened at $349.45 on Wednesday. The firm has a 50-day moving average price of $323.96 and a 200-day moving average price of $332.57. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. 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 stock has a market capitalization of $238.44 billion, a P/E ratio of 21.80, a price-to-earnings-growth ratio of 1.47 and a beta of 1.04.

American Express (NYSE:AXP) last announced 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 company had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous 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 research analysts anticipate that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Dividend Announcement

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 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 of this dividend is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Morgan Stanley decreased their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Bank of America increased their target price on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. The Goldman Sachs Group boosted their price target on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Finally, UBS Group lifted their price objective on American Express from $340.00 to $386.00 and gave the company a “neutral” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express presently has an average rating of “Hold” and an average target price of $368.50.

American Express News Roundup

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

• Positive Sentiment: Barclays raised its price target on American Express to $364 from $322, implying some upside even though it kept an equal-weight rating. Barclays price target raise
• Positive Sentiment: UBS increased its price target to $386 from $340, suggesting material upside, but maintained a neutral stance. UBS price target raise
• Positive Sentiment: Brokerage sentiment remains constructive overall, with consensus coverage still described as “moderate buy,” which can support the stock’s valuation. Consensus recommendation
• Neutral Sentiment: TD Cowen nudged its target higher to $338 but kept a hold rating, reinforcing a cautious view rather than a strong bullish one. TD Cowen target update
• Neutral Sentiment: A separate article highlighted American Express as a quality, low-stress stock idea, which is supportive for sentiment but not a company-specific catalyst. Jefferies stock ideas
• Negative Sentiment: A fund update said American Express was a leading performance detractor, falling due to AI disruption concerns, which may be weighing on investor sentiment. Bretton Fund letter

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.