Hillsdale Investment Management Inc. Sells 4,710 Shares of American Express Company $AXP

Hillsdale Investment Management Inc. decreased its position in shares of American Express Company (NYSE:AXP) by 39.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,270 shares of the payment services company’s stock after selling 4,710 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in American Express were worth $2,199,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital Asset Advisory Services LLC raised its holdings in American Express by 2.4% in the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after purchasing an additional 28 shares during the period. Lantz Financial LLC grew its holdings in shares of American Express by 3.6% in the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after buying an additional 28 shares during the period. Financial Management Network Inc. increased its position in shares of American Express by 0.8% in the 4th quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock valued at $1,394,000 after buying an additional 29 shares in the last quarter. Central Bank & Trust Co. raised its stake in American Express by 1.1% during the 4th 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 period. Finally, Burns J W & Co. Inc. NY lifted its holdings in American Express by 2.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company’s stock worth $518,000 after acquiring an additional 29 shares in the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Price Performance

NYSE:AXP opened at $358.61 on Thursday. The stock has a market capitalization of $244.69 billion, a PE ratio of 22.37, a P/E/G ratio of 1.43 and a beta of 1.04. American Express Company has a 1-year low of $288.34 and a 1-year high of $387.49. The firm has a fifty day simple moving average of $327.75 and a 200 day simple moving average of $331.30. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period last year, the business posted $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, research analysts expect that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio (DPR) is 23.71%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AXP shares. Loop Capital started coverage on American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 price objective on the stock. BTIG Research lifted their price target on shares of American Express from $285.00 to $324.00 and gave the company a “sell” rating in a research note on Tuesday, June 30th. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Bank of America raised their price objective on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Morgan Stanley upgraded American Express from a “positive” rating to an “overweight” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, American Express has an average rating of “Moderate Buy” and an average price target of $374.15.

Key American Express News

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

• Positive Sentiment: JPMorgan upgraded American Express to Overweight and named it a preferred pick, pointing to the company’s stronger spending-linked revenue model even as broader market worries rise.
• Positive Sentiment: American Express raised its Platinum Card annual fee to $895, a roughly 29% increase, and reports say retention remains high — a favorable sign for future card-fee revenue.
• Positive Sentiment: Several articles highlighted American Express as one of Warren Buffett’s key holdings and a stock to watch, which can support investor confidence in the long-term story.
• Positive Sentiment: Research pieces also pointed to strong earnings growth and price momentum, reinforcing expectations for solid fundamentals heading into the July 24 earnings report.
• Neutral Sentiment: American Express was featured in a branded Montauk/EDITION Hotels event, which is positive for marketing and cardholder engagement but unlikely to move the stock materially by itself.
• Neutral Sentiment: Peer-news around Visa’s AI banking assistant and the reported PayPal takeover chatter may influence sentiment for payments names broadly, but the direct impact on AXP is limited.

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.