Rational Advisors Inc. Trims Position in American Express Company $AXP

Rational Advisors Inc. trimmed its holdings in American Express Company (NYSE:AXP) by 28.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,204 shares of the payment services company’s stock after selling 2,500 shares during the period. Rational Advisors Inc.’s holdings in American Express were worth $2,295,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of American Express in the fourth quarter valued at about $26,000. Measured Wealth Private Client Group LLC purchased a new position in American Express during the third quarter worth about $28,000. Guerra Advisors Inc purchased a new position in American Express during the third quarter worth about $28,000. Torren Management LLC purchased a new position in American Express during the fourth quarter worth about $32,000. Finally, Entrust Financial LLC purchased a new position in American Express during the fourth quarter worth about $41,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Trading Down 0.8%

Shares of AXP opened at $310.94 on Wednesday. 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 firm’s 50-day moving average is $313.18 and its two-hundred day moving average is $338.30. American Express Company has a twelve month low of $286.15 and a twelve month high of $387.49. The firm has a market capitalization of $212.16 billion, a P/E ratio of 19.40, a PEG ratio of 1.28 and a beta of 1.06.

American Express (NYSE:AXP) last issued its earnings results 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 company had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the business posted $3.64 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts predict that American Express Company will post 17.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on AXP. Morgan Stanley cut their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. Bank of America increased their price target on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, April 24th. BTIG Research reissued a “sell” rating and set a $285.00 price target on shares of American Express in a report on Friday, April 24th. Barclays cut their price target on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings cut shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $359.05.

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.