American Express Company $AXP Stake Lifted by MCF Advisors LLC

MCF Advisors LLC lifted its position in shares of American Express Company (NYSE:AXP) by 96.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,358 shares of the payment services company’s stock after acquiring an additional 3,125 shares during the period. MCF Advisors LLC’s holdings in American Express were worth $2,352,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Evolution Wealth Management Inc. boosted its stake in American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management acquired a new position in American Express during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in American Express during the 3rd quarter valued at about $28,000. Torren Management LLC acquired a new position in American Express during the 4th quarter valued at about $32,000. Finally, Entrust Financial LLC acquired a new position in American Express during the 4th quarter valued at about $41,000. Institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Morgan Stanley decreased their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research note on Thursday, April 16th. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Loop Capital initiated coverage on American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 price target on the stock. Finally, Truist Financial lowered their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $359.05.

American Express Price Performance

Shares of AXP opened at $310.48 on Friday. The firm has a market capitalization of $211.85 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.27 and a beta of 1.06. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express Company has a one year low of $286.15 and a one year high of $387.49. The stock’s fifty day moving average is $313.91 and its 200-day moving average is $336.92.

American Express (NYSE:AXP) last issued 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 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 quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts anticipate that American Express Company will post 17.59 EPS for the current year.

American Express Announces Dividend

The company 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 dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio (DPR) is currently 23.71%.

American Express 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.