PNC Financial Services Group Inc. Has $380.65 Million Stake in American Express Company $AXP

PNC Financial Services Group Inc. decreased its holdings in shares of American Express Company (NYSE:AXP) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,028,930 shares of the payment services company’s stock after selling 9,657 shares during the quarter. PNC Financial Services Group Inc.’s holdings in American Express were worth $380,653,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Joseph Group Capital Management acquired a new position in shares of American Express in the fourth quarter valued at approximately $26,000. Valley Wealth Managers Inc. increased its stake in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of American Express in the third quarter valued at approximately $28,000. Guerra Advisors Inc acquired a new position in shares of American Express in the third quarter valued at approximately $28,000. Finally, Torren Management LLC acquired a new position in shares of American Express in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Trending Headlines about American Express

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

• Positive Sentiment: Freedom Broker raised its view on American Express to Buy from Hold and lifted its price target to $370 from $325, signaling confidence in the company’s earnings power and valuation. American Express (AXP) Gets Price Target Hike from Freedom Broker despite Unchanged Outlook
• Positive Sentiment: American Express Canada launched a new Chef in Residence program to expand Platinum dining experiences, reinforcing the company’s premium-card positioning and member engagement strategy. American Express Canada Expands Platinum Dining Experiences with New American Express Chef in Residence Program
• Neutral Sentiment: Barclays initiated or maintained a Hold-type stance on American Express, suggesting analysts see limited near-term upside after the latest results rather than a strong catalyst. American Express (AXP) Gets a Hold from Barclays
• Neutral Sentiment: A consumer-loan satisfaction report showed non-bank lenders closing the gap with banks, which is relevant to American Express because it highlights rising competition in consumer finance, but it does not directly change AXP’s outlook on its own. Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat, JD Power Finds
• Negative Sentiment: Investor reaction to American Express’s first-quarter earnings was described as lukewarm, and a portfolio update from Artisan Select Equity Fund listed AXP among its worst contributors, suggesting sentiment around the stock has cooled despite solid fundamentals. Is American Express Stock Still Worth Buying After Earnings? Artisan Select Equity Fund Q1 2026 Portfolio Update

Wall Street Analysts Forecast Growth

AXP has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Weiss Ratings downgraded American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Evercore set a $345.00 price objective on American Express in a research note on Wednesday, April 29th. The Goldman Sachs Group upped their price objective on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $357.47.

American Express Stock Performance

Shares of AXP stock opened at $309.42 on Wednesday. The business’s 50 day simple moving average is $311.01 and its 200 day simple moving average is $341.59. American Express Company has a one year low of $281.46 and a one year high of $387.49. The stock has a market capitalization of $211.13 billion, a PE ratio of 19.30, a PEG ratio of 1.27 and a beta of 1.08. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56.

American Express (NYSE:AXP) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the prior year, the business posted $3.64 earnings per share. The firm’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. As a group, research analysts forecast that American Express Company will post 17.59 earnings per share for the current year.

American Express Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 3rd were issued a $0.95 dividend. The ex-dividend date was Thursday, April 2nd. This is a boost from American Express’s previous quarterly dividend of $0.82. 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 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.