American Express Company $AXP Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp cut its stake in American Express Company (NYSE:AXP) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,217 shares of the payment services company’s stock after selling 3,753 shares during the period. American Express accounts for approximately 1.7% of Heritage Investors Management Corp’s investment portfolio, making the stock its 13th largest holding. Heritage Investors Management Corp’s holdings in American Express were worth $57,423,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AXP. Brighton Jones LLC increased its position in American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after buying an additional 1,273 shares during the period. Sivia Capital Partners LLC increased its position in American Express by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after buying an additional 200 shares during the period. Schnieders Capital Management LLC. acquired a new stake in American Express in the second quarter worth $428,000. Howland Capital Management LLC grew its stake in shares of American Express by 4.2% in the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after purchasing an additional 90 shares in the last quarter. Finally, HUB Investment Partners LLC grew its stake in shares of American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock worth $924,000 after purchasing an additional 481 shares in the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express announced a strategic partnership with Fanatics that includes a co-branded Fanatics American Express card, exclusive fan experiences, and broader payment acceptance across select Fanatics channels, which could help drive new card acquisitions and spending volume. Article Title
• Positive Sentiment: AmEx expanded its sports-commerce strategy with Fanatics through a rewards integration and new card offering, reinforcing its premium brand and loyalty ecosystem. Article Title
• Positive Sentiment: Multiple commentary pieces pointed to American Express as one of Warren Buffett’s favorite long-term holdings, which can support investor confidence in AXP’s durable business model and valuation. Article Title
• Positive Sentiment: American Express and Main Street America awarded more than $10 million in grants to over 500 small businesses, underscoring the company’s ongoing support for Main Street merchants and small-business relationships. Article Title

American Express Stock Up 0.0%

Shares of American Express stock opened at $309.93 on Friday. The stock has a 50-day moving average price of $311.23 and a 200 day moving average price of $340.89. The company has a market cap of $211.48 billion, a P/E ratio of 19.33, a P/E/G ratio of 1.26 and a beta of 1.08. 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 Company has a 1 year low of $281.46 and a 1 year high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period in the prior year, the business earned $3.64 EPS. The business’s revenue for the quarter 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, analysts expect that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 3rd were paid a dividend of $0.95 per share. This is a boost from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s dividend payout ratio (DPR) is 23.71%.

Analyst Ratings Changes

AXP has been the subject of several recent analyst reports. The Goldman Sachs Group increased their price target on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Bank of America increased their price target on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Weiss Ratings cut American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. UBS Group reaffirmed a “neutral” rating and set a $395.00 target price on shares of American Express in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada set a $415.00 target price on American Express in a research note on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, American Express currently has an average rating of “Hold” and an average target price of $359.05.

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.