Faithward Advisors LLC Purchases New Position in American Express Company $AXP

Faithward Advisors LLC purchased a new stake in American Express Company (NYSE:AXP) during the 4th quarter, HoldingsChannel reports. The fund purchased 8,981 shares of the payment services company’s stock, valued at approximately $3,323,000.

Several other institutional investors have also bought and sold shares of AXP. Evolution Wealth Management Inc. raised its position in 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 valued at $25,000 after purchasing an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new position in American Express in the 4th quarter valued at $26,000. Sfam LLC bought a new position in American Express in the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd bought a new position in American Express in the 4th quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC bought a new position in American Express in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: American Express announced a $700 million acquisition of TheFork, expanding its European dining network and strengthening its premium experiences strategy. American Express Expands Dining Ecosystem With TheFork Acquisition From Tripadvisor
• Positive Sentiment: The deal builds on AmEx’s earlier investments in Resy and Tock, reinforcing its efforts to drive card usage and customer retention through dining and travel perks. Amex Looks to Spend $700 Million to Buy TheFork From Tripadvisor
• Neutral Sentiment: The acquisition is expected to close by late 2026, so the financial impact will take time to materialize and still depends on regulatory approvals. American Express Expands Dining Ecosystem With TheFork Acquisition From Tripadvisor
• Neutral Sentiment: American Express also rolled out other travel and sports-related benefits, including updated Delta SkyMiles perks and a Fanatics partnership, which supports the company’s broader premium value proposition. American Express Targets Travelers And Sports Fans While Shares Trade Below Estimates

Analyst Ratings Changes

Several brokerages have issued reports on AXP. Loop Capital began coverage on American Express in a research report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price objective for the company. Royal Bank Of Canada set a $415.00 price objective on American Express in a research report on Friday, April 10th. Truist Financial cut their price objective on American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Bank of America lifted their price objective on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. cut their price objective on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $359.05.

American Express Trading Up 3.1%

AXP stock opened at $335.55 on Tuesday. The company has a market cap of $228.96 billion, a P/E ratio of 20.93, a PEG ratio of 1.32 and a beta of 1.06. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The business has a fifty day moving average of $316.53 and a 200-day moving average of $335.66.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The company had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts expect that American Express Company will post 17.59 EPS for the current year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is currently 23.71%.

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.