Northbridge Financial Group LLC Makes New Investment in American Express Company $AXP

Northbridge Financial Group LLC purchased a new position in American Express Company (NYSE:AXP) in the fourth quarter, HoldingsChannel reports. The firm purchased 2,054 shares of the payment services company’s stock, valued at approximately $760,000.

Other hedge funds have also modified their holdings of the company. Trajan Wealth LLC boosted its stake in shares of American Express by 30.9% in the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock worth $8,271,000 after acquiring an additional 5,881 shares during the period. Hillsdale Investment Management Inc. boosted its stake in shares of American Express by 218.7% in the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after acquiring an additional 5,860 shares during the period. Sumitomo Mitsui Financial Group Inc. boosted its stake in shares of American Express by 11.7% in the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock worth $27,524,000 after acquiring an additional 8,651 shares during the period. Parr Mcknight Wealth Management Group LLC boosted its stake in shares of American Express by 1,243.9% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 13,775 shares of the payment services company’s stock worth $4,576,000 after acquiring an additional 12,750 shares during the period. Finally, Hudson Bay Capital Management LP boosted its position in shares of American Express by 159.5% during the third quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock worth $10,500,000 after acquiring an additional 19,429 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

More American Express News

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

• Positive Sentiment: Freedom Broker raised its view on American Express to Buy from Hold and lifted its price target to $370 from $325, signaling confidence in the company’s earnings power and valuation. American Express (AXP) Gets Price Target Hike from Freedom Broker despite Unchanged Outlook
• Positive Sentiment: American Express Canada launched a new Chef in Residence program to expand Platinum dining experiences, reinforcing the company’s premium-card positioning and member engagement strategy. American Express Canada Expands Platinum Dining Experiences with New American Express Chef in Residence Program
• Neutral Sentiment: Barclays initiated or maintained a Hold-type stance on American Express, suggesting analysts see limited near-term upside after the latest results rather than a strong catalyst. American Express (AXP) Gets a Hold from Barclays
• Neutral Sentiment: A consumer-loan satisfaction report showed non-bank lenders closing the gap with banks, which is relevant to American Express because it highlights rising competition in consumer finance, but it does not directly change AXP’s outlook on its own. Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat, JD Power Finds
• Negative Sentiment: Investor reaction to American Express’s first-quarter earnings was described as lukewarm, and a portfolio update from Artisan Select Equity Fund listed AXP among its worst contributors, suggesting sentiment around the stock has cooled despite solid fundamentals. Is American Express Stock Still Worth Buying After Earnings? Artisan Select Equity Fund Q1 2026 Portfolio Update

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of research reports. BTIG Research restated a “sell” rating and set a $285.00 target price on shares of American Express in a research report on Friday, April 24th. The Goldman Sachs Group upped their target price on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Bank of America upped 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. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Finally, Wells Fargo & Company dropped their target price on shares of American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Express has an average rating of “Hold” and a consensus price target of $357.47.

American Express Price Performance

NYSE:AXP opened at $309.42 on Wednesday. The firm has a market capitalization of $211.13 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 1.27 and a beta of 1.08. American Express Company has a 1 year low of $281.46 and a 1 year high of $387.49. The business has a 50 day simple moving average of $311.01 and a 200-day simple moving average of $341.59. 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 posted its quarterly earnings data 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 business had revenue of $14.22 billion during the quarter, compared to analyst estimates 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 period last year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

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

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.