Healthcare of Ontario Pension Plan Trust Fund Purchases 17,753 Shares of American Express Company $AXP

Healthcare of Ontario Pension Plan Trust Fund boosted its position in American Express Company (NYSE:AXP) by 6.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 274,740 shares of the payment services company’s stock after purchasing an additional 17,753 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in American Express were worth $101,640,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of American Express during the 4th quarter valued at approximately $2,464,215,000. Capital World Investors grew its position in shares of American Express by 46.7% during the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock valued at $2,780,424,000 after acquiring an additional 2,393,340 shares during the period. Ameriprise Financial Inc. grew its position in shares of American Express by 27.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after acquiring an additional 845,283 shares during the period. Amundi grew its position in shares of American Express by 23.9% during the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock valued at $925,449,000 after acquiring an additional 537,205 shares during the period. Finally, Danske Bank A S bought a new position in shares of American Express during the 3rd quarter valued at approximately $153,292,000. 84.33% of the stock is owned by institutional investors.

Analyst Ratings Changes

AXP has been the subject of a number of research reports. Freedom Capital raised shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Evercore set a $345.00 target price on shares of American Express in a research report on Wednesday, April 29th. Barclays reduced their target price on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Bank of America increased their target price on shares of American Express from $381.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, BTIG Research reissued a “sell” rating and set a $285.00 target price on shares of American Express in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Express has a consensus rating of “Hold” and a consensus target price of $359.05.

American Express Stock Performance

Shares of AXP stock opened at $325.37 on Friday. The stock has a market capitalization of $222.01 billion, a P/E ratio of 20.30, a PEG ratio of 1.32 and a beta of 1.06. 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 $315.83 and its 200 day moving average is $335.98. American Express Company has a 12 month low of $286.15 and a 12 month high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The company had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts anticipate that American Express Company will post 17.59 earnings per share for the current year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors 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 1.2%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.71%.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express and Delta Air Lines rolled out refreshed SkyMiles card benefits, updated card designs, and new welcome offers for card members, which could help support cardholder growth and spending. American Express Company (AXP) and Delta Refresh SkyMiles Card Benefits
• Positive Sentiment: CNBC’s “Final Trades” highlighted American Express as a top pick, which can add investor attention and reinforce confidence in the stock. American Express, Live Nation And A Health Care Stock: CNBC’s ‘Final Trades’
• Neutral Sentiment: Several recent writeups note that analysts remain cautious on American Express, with consensus ratings around “Hold,” suggesting the market may be waiting for clearer evidence of earnings momentum. American Express Company (NYSE:AXP) Given Consensus Rating of “Hold” by Analysts
• Neutral Sentiment: Coverage also pointed to a cautious post-earnings tone, indicating investors are still assessing whether American Express can sustain growth after its recent results. American Express Draws Cautious Market Attention After Results
• Neutral Sentiment: News that American Express will break ground next month on its tower at Two World Trade Center is strategically important, but it is unlikely to be a near-term stock driver. American Express to break ground on tower next month at Two World Trade Center — major milestone for tragic site

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.