American Express Company $AXP Shares Purchased by Aviva PLC

Aviva PLC raised its stake in shares of American Express Company (NYSE:AXP) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 519,160 shares of the payment services company’s stock after buying an additional 30,171 shares during the quarter. Aviva PLC’s holdings in American Express were worth $192,063,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AXP. Brighton Jones LLC grew its holdings in American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after buying an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of American Express by 13.0% during the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after purchasing an additional 200 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of American Express during the second quarter worth $428,000. Howland Capital Management LLC boosted its holdings in shares of American Express by 4.2% during 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 during the last quarter. Finally, HUB Investment Partners LLC boosted its holdings in shares of American Express by 19.9% during 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 during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Stock Up 1.8%

Shares of NYSE AXP opened at $318.95 on Friday. American Express Company has a 1 year low of $286.15 and a 1 year high of $387.49. The firm has a market cap of $217.63 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 1.27 and a beta of 1.06. 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 stock’s 50-day simple moving average is $315.36 and its 200-day simple moving average is $336.06.

American Express (NYSE:AXP) last posted its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the firm earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts anticipate that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AXP. BTIG Research restated a “sell” rating and set a $285.00 price objective on shares of American Express in a report on Friday, April 24th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Barclays decreased their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Wells Fargo & Company decreased their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Finally, The Goldman Sachs Group raised their price objective on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target 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.