American Express Company $AXP Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its position in American Express Company (NYSE:AXP) by 22.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,490,491 shares of the payment services company’s stock after selling 728,222 shares during the quarter. Janus Henderson Group PLC’s holdings in American Express were worth $921,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Gotham Asset Management LLC increased its stake in shares of American Express by 11.9% in the fourth quarter. Gotham Asset Management LLC now owns 24,048 shares of the payment services company’s stock valued at $8,897,000 after purchasing an additional 2,557 shares during the period. Element Capital Management LLC acquired a new stake in shares of American Express in the fourth quarter valued at approximately $1,911,000. Evolve Private Wealth LLC acquired a new stake in shares of American Express in the fourth quarter valued at approximately $7,276,000. Engineers Gate Manager LP acquired a new stake in shares of American Express in the fourth quarter valued at approximately $566,000. Finally, Concentric Capital Strategies LP acquired a new stake in shares of American Express in the fourth quarter valued at approximately $3,023,000. Institutional investors and hedge funds 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 agreed to buy Tripadvisor’s TheFork platform for about $700 million in cash, expanding its European dining network and potentially making its premium card offerings more attractive to customers. TheFork Joins AmEx’s Growing Global Dining Network in $700M Deal
• Positive Sentiment: Several reports noted that the TheFork deal could be viewed as value-creating and supportive of American Express’s long-term growth strategy, reinforcing its push into dining and experiences. TheFork Joins AmEx’s Growing Global Dining Network in $700M Deal
• Neutral Sentiment: Analyst commentary remains mixed, with some firms highlighting American Express as an attractive value/growth name while others continue to recommend caution, creating an uneven sentiment backdrop for the shares. Analysts Have Conflicting Sentiments on These Financial Companies: Progressive (PGR) and American Express (AXP)
• Neutral Sentiment: BTIG reiterated a sell rating and a $285 price target, which suggests some downside risk and may temper enthusiasm around the recent gains. Benzinga report on BTIG rating

American Express Trading Down 0.1%

Shares of NYSE:AXP opened at $340.25 on Thursday. The stock has a market capitalization of $232.16 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 1.38 and a beta of 1.06. American Express Company has a 1-year low of $288.34 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 company has a 50 day moving average price of $318.05 and a 200 day moving average price of $335.33.

American Express (NYSE:AXP) last issued 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 firm had revenue of $14.22 billion during 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%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts anticipate that American Express Company will post 17.6 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. 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 (DPR) is presently 23.71%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Wells Fargo & Company lowered their price objective on shares of American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Loop Capital began coverage on shares of American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price objective on the stock. The Goldman Sachs Group raised their price objective 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. Finally, BTIG Research reiterated a “sell” rating and set a $285.00 price objective on shares of American Express in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, American Express has an average rating of “Hold” and a consensus price target of $359.05.

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.