Strategic Investment Advisors MI Acquires 2,614 Shares of American Express Company $AXP

Strategic Investment Advisors MI increased its holdings in shares of American Express Company (NYSE:AXP) by 80.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,856 shares of the payment services company’s stock after purchasing an additional 2,614 shares during the period. Strategic Investment Advisors MI’s holdings in American Express were worth $1,777,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AXP. Keybank National Association OH grew its stake in American Express by 3.0% in the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after acquiring an additional 10,495 shares during the period. Swiss Life Asset Management Ltd raised its position in shares of American Express by 34.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock worth $51,751,000 after purchasing an additional 35,533 shares during the period. Country Trust Bank lifted its holdings in shares of American Express by 14.0% in the 4th quarter. Country Trust Bank now owns 121,774 shares of the payment services company’s stock worth $45,050,000 after purchasing an additional 14,931 shares in the last quarter. Peapack Gladstone Financial Corp grew its position in American Express by 6.2% in the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock valued at $24,416,000 after purchasing an additional 3,855 shares during the period. Finally, Thames Capital Management LLC increased its stake in American Express by 189.6% during the 4th quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company’s stock valued at $29,767,000 after purchasing an additional 52,679 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

American Express News Roundup

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

• Positive Sentiment: Jim Cramer characterized the post-earnings decline as a potential buying opportunity, pointing to American Express’ earnings beat, upgraded revenue guidance and continued business momentum. Jim Cramer says American Express’ post-earnings sell-off is a buying opportunity
• Positive Sentiment: American Express reported quarterly EPS of $4.53, above the $4.41 consensus, while revenue increased 10% year over year. Management’s full-year guidance and accelerating card spending support the outlook for continued fee and revenue growth. American Express lifts revenue guidance as card spending accelerates
• Positive Sentiment: KBW and Deutsche Bank maintained bullish views with Buy ratings, while valuation analysis from Yahoo Finance argued that AXP may still trade below its intrinsic value despite its strong long-term performance. American Express receives a Buy from KBW
• Neutral Sentiment: Analysts and financial comparisons present a mixed picture: American Express benefits from a premium customer base, strong returns and durable card-member retention, but its concentrated lending model carries more credit exposure than diversified financial companies such as Berkshire Hathaway. American Express versus Berkshire Hathaway
• Negative Sentiment: BTIG Research lowered its AXP price target to $315, and Jefferies retained a Hold rating. These cautious calls suggest limited near-term upside after the stock’s substantial multiyear gains and recent earnings-related volatility. BTIG lowers American Express price target
• Negative Sentiment: Investors remain concerned that premium valuation, potential changes in consumer credit quality and the possibility that growth expectations are already embedded in the share price could weigh on AXP, explaining the negative market reaction despite solid results. Bank of America versus American Express

Wall Street Analyst Weigh In

AXP has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. TD Cowen boosted their target price on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. DZ Bank upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a report on Thursday, June 18th. Barclays raised their price target on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Finally, BTIG Research decreased their price objective on American Express from $324.00 to $315.00 and set a “sell” rating for the company in a report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Express presently has an average rating of “Moderate Buy” and a consensus price target of $372.95.

American Express Price Performance

AXP opened at $330.73 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.62. The company has a market capitalization of $223.35 billion, a price-to-earnings ratio of 20.07, a P/E/G ratio of 1.36 and a beta of 1.04. The firm’s fifty day moving average price is $333.92 and its two-hundred day moving average price is $328.98. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49.

American Express (NYSE:AXP) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. The firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts anticipate that American Express Company will post 17.66 earnings per share for the current fiscal year.

American Express Announces Dividend

The company 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 $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.06%.

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.