First Bank & Trust lessened its position in shares of American Express Company (NYSE:AXP) by 50.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,130 shares of the payment services company’s stock after selling 2,204 shares during the quarter. First Bank & Trust’s holdings in American Express were worth $720,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. boosted its position in shares of American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new stake in American Express in the fourth quarter worth $26,000. Sfam LLC bought a new stake in American Express in the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in American Express during the fourth quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in American Express during the fourth quarter valued at $29,000. Institutional investors own 84.33% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on AXP shares. Evercore set a $370.00 price objective on shares of American Express in a research note on Monday, July 27th. Morgan Stanley decreased their target price on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Guggenheim initiated coverage on American Express in a research report on Monday, July 13th. They issued a “buy” rating for the company. Bank of America boosted their price objective on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, TD Cowen upped their price objective on American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, American Express currently has a consensus rating of “Moderate Buy” and a consensus price target of $372.84.
More American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Amex Ventures invests in Fazeshift’s artificial-intelligence platform. American Express’ corporate venture arm backed Fazeshift, an AI-native company automating accounts-receivable workflows. The funding will support expansion into additional finance operations, potentially giving AXP early exposure to technologies that could improve business-payment products and strengthen its commercial-services ecosystem. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
- Positive Sentiment: Expanded US Open benefits support Amex’s premium-brand strategy. New 2026 US Open offerings include lounges, hospitality, merchandise, transportation-related perks and exclusive experiences for card members. The program may help drive engagement, spending and customer retention, particularly among higher-income customers, although the direct financial impact is likely limited in the near term. American Express Unveils New Tennis Experiences for All Fans
- Neutral Sentiment: Recent fundamentals remain supportive but valuation leaves less room for disappointment. AXP’s latest quarterly results exceeded EPS expectations, with earnings of $4.53 per share versus the $4.41 consensus, while revenue increased 10% year over year. Management’s fiscal 2026 EPS outlook of $17.30–$17.90 provides a growth framework, but the stock’s premium valuation means investors will likely continue watching spending trends, credit quality and execution closely.
- Negative Sentiment: A report that billionaire Lord Sugar was denied a higher credit limit highlights Amex’s underwriting discipline. The isolated anecdote is unlikely to affect earnings, but it could draw attention to credit-limit controls and customer-service decisions. Billionaire Lord Sugar denied Amex credit limit increase
American Express Trading Up 0.6%
AXP stock opened at $340.97 on Wednesday. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The stock has a market capitalization of $230.26 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The firm’s fifty day simple moving average is $339.21 and its two-hundred day simple moving average is $327.77.
American Express (NYSE:AXP – Get Free Report) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. During the same quarter last year, the business earned $4.08 EPS. The business’s revenue was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.
American Express Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were paid a $0.95 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio (DPR) is presently 23.06%.
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.
Recommended Stories
- Five stocks we like better than American Express
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Want to see what other hedge funds are holding AXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Express Company (NYSE:AXP – Free Report).
Receive News & Ratings for American Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express and related companies with MarketBeat.com's FREE daily email newsletter.
