Fideuram Asset Management Ireland dac Invests $1.97 Million in American Express Company $AXP

Fideuram Asset Management Ireland dac purchased a new position in American Express Company (NYSE:AXP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,326 shares of the payment services company’s stock, valued at approximately $1,970,000.

Several other hedge funds have also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp increased its position in American Express by 10.0% during the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after buying an additional 28 shares during the last quarter. Capital Asset Advisory Services LLC increased its position in American Express by 2.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after buying an additional 28 shares during the last quarter. Lantz Financial LLC increased its position in American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after buying an additional 28 shares during the last quarter. Financial Management Network Inc. increased its position in American Express by 0.8% during the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock worth $1,394,000 after buying an additional 29 shares during the last quarter. Finally, Central Bank & Trust Co. increased its position in American Express by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock worth $969,000 after buying an additional 29 shares during the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Stock Up 0.5%

AXP stock opened at $316.55 on Friday. 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 Company has a 52-week low of $286.15 and a 52-week high of $387.49. The company has a 50-day moving average of $312.81 and a two-hundred day moving average of $338.90. The stock has a market capitalization of $215.99 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08.

American Express (NYSE:AXPGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the prior year, the company earned $3.64 earnings per share. The business’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, equities research analysts anticipate that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date was Thursday, April 2nd. American Express’s dividend payout ratio is currently 23.71%.

Key Stories Impacting American Express

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

Wall Street Analyst Weigh In

Several research firms have commented on AXP. JPMorgan Chase & Co. lowered their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Barclays lowered their target price on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Loop Capital began coverage on shares of American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price on the stock. Truist Financial lowered their target price on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Finally, Wells Fargo & Company lowered their target price on shares of American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $359.05.

View Our Latest Stock Analysis on American Express

American Express 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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