4,348 Shares in American Express Company $AXP Acquired by Victrix Investment Advisors

Victrix Investment Advisors acquired a new position in shares of American Express Company (NYSE:AXP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,348 shares of the payment services company’s stock, valued at approximately $1,609,000.

A number of other institutional investors have also recently added to or reduced their stakes in AXP. Trajan Wealth LLC increased its stake in American Express by 30.9% during the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock worth $8,271,000 after acquiring an additional 5,881 shares during the last quarter. Hillsdale Investment Management Inc. increased its stake in American Express by 218.7% during the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after acquiring an additional 5,860 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. increased its stake in American Express by 11.7% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock worth $27,524,000 after acquiring an additional 8,651 shares during the last quarter. Parr Mcknight Wealth Management Group LLC increased its stake in American Express by 1,243.9% during the third quarter. Parr Mcknight Wealth Management Group LLC now owns 13,775 shares of the payment services company’s stock worth $4,576,000 after acquiring an additional 12,750 shares during the last quarter. Finally, Hudson Bay Capital Management LP increased its stake in American Express by 159.5% during the third quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock worth $10,500,000 after acquiring an additional 19,429 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group lifted 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. BTIG Research reaffirmed a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Friday, April 24th. Wells Fargo & Company dropped 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. Royal Bank Of Canada set a $415.00 price objective on American Express in a research note on Friday, April 10th. 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, nine have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $359.05.

American Express Trading Up 4.1%

Shares of NYSE AXP opened at $312.98 on Friday. American Express Company has a twelve month low of $286.15 and a twelve month high of $387.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The stock has a fifty day simple moving average of $313.70 and a 200-day simple moving average of $337.11. The stock has a market capitalization of $213.56 billion, a PE ratio of 19.52, a PEG ratio of 1.22 and a beta of 1.06.

American Express (NYSE:AXP) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the firm posted $3.64 earnings per share. The company’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. On average, equities analysts forecast that American Express Company will post 17.59 earnings per share for the current year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

American Express News Roundup

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

• Positive Sentiment: American Express declared a quarterly dividend of $0.95 per share, reinforcing its cash-generation strength and commitment to returning capital to shareholders. Dividend announcement
• Positive Sentiment: American Express card spending is growing at its fastest pace in three years, suggesting healthy demand among its affluent customer base and supporting revenue trends. American Express Card Spending article
• Positive Sentiment: The company launched a new Fanatics Rewards Card targeting sports fans, which could help American Express expand into a younger and more engaged customer segment. American Express Taps Sports Fans With New Fanatics Rewards Card
• Neutral Sentiment: Coverage about American Express moving its headquarters to 2 World Trade Center points to a strategic repositioning story, but it is not likely to have an immediate effect on earnings or valuation. Why American Express is moving its HQ to 2 World Trade Center
• Neutral Sentiment: Recent commentary notes the stock has fallen significantly this year, which may reflect broader valuation pressure even as fundamentals remain solid. Is It Time To Reassess American Express (AXP) After This Year’s Share Price Pullback?
• Negative Sentiment: Investor articles also note that American Express has recently underperformed, with shares down sharply year to date, which may be limiting near-term upside despite the positive operating news. American Express declines more than market

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.