American Express Company $AXP Shares Sold by Prudential PLC

Prudential PLC decreased its holdings in shares of American Express Company (NYSE:AXP) by 5.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,715 shares of the payment services company’s stock after selling 3,989 shares during the period. Prudential PLC’s holdings in American Express were worth $28,011,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vise Technologies Inc. grew its holdings in shares of American Express by 44.6% in the 4th quarter. Vise Technologies Inc. now owns 32,951 shares of the payment services company’s stock worth $12,190,000 after acquiring an additional 10,165 shares during the period. Regency Capital Management Inc. DE acquired a new stake in shares of American Express in the 4th quarter worth approximately $5,546,000. Cibc World Market Inc. grew its holdings in shares of American Express by 9.0% in the 4th quarter. Cibc World Market Inc. now owns 80,673 shares of the payment services company’s stock worth $29,845,000 after acquiring an additional 6,690 shares during the period. Greenspring Advisors LLC acquired a new stake in shares of American Express in the 4th quarter worth approximately $518,000. Finally, Evolution Wealth Management Inc. grew its holdings in shares of American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares during the period. Institutional investors and hedge funds own 84.33% of the company’s stock.

Analyst Ratings Changes

AXP has been the topic of a number of research reports. Wells Fargo & Company lowered their price target on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. BTIG Research restated a “sell” rating and issued a $285.00 price target on shares of American Express in a report on Friday, April 24th. Morgan Stanley lowered their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Evercore set a $345.00 price target on American Express in a report on Wednesday, April 29th. Finally, Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, American Express currently has a consensus rating of “Hold” and an average price target of $359.05.

American Express News Summary

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

• Positive Sentiment: American Express says card spending is growing at its fastest pace in three years, suggesting resilient demand from affluent consumers and reinforcing the company’s core growth engine. Article Title
• Positive Sentiment: American Express introduced a new Fanatics Rewards card aimed at sports fans, a sign it is still using product launches to deepen engagement and attract new spending. Article Title
• Neutral Sentiment: A broader market rally lifted financial stocks, which may have provided some support to American Express, but the stock was still reacting more to company-specific sentiment than to the sector move. Article Title
• Neutral Sentiment: Several commentary pieces revisited whether AXP is attractive after its year-to-date decline, highlighting valuation concerns rather than any new fundamental problem. Article Title
• Negative Sentiment: Recent market coverage noted that American Express had declined more than the broader market, reflecting ongoing investor caution and recent share-price weakness. Article Title

American Express Price Performance

AXP stock opened at $312.98 on Friday. American Express Company has a 1 year low of $286.15 and a 1 year high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The stock’s 50 day moving average price is $313.70 and its 200 day moving average price is $337.11. The firm has a market cap of $213.56 billion, a P/E ratio of 19.52, a PEG ratio of 1.22 and a beta of 1.06.

American Express (NYSE:AXP) last posted its 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 return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same quarter in the prior year, the company earned $3.64 EPS. American Express’s revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be paid a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio is presently 23.71%.

About American Express

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.