American Express Company $AXP Position Increased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its position in American Express Company (NYSE:AXP) by 4.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,280 shares of the payment services company’s stock after buying an additional 1,774 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in American Express were worth $12,009,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. lifted its holdings in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new position in shares of American Express in the 4th quarter valued at about $26,000. Sfam LLC purchased a new stake in shares of American Express in the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the fourth quarter worth approximately $28,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of American Express during the fourth quarter worth approximately $29,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Loop Capital assumed coverage on shares of American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price objective on the stock. Truist Financial lifted their target price on shares of American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. lowered their price target on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Barclays dropped their price target on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, DZ Bank upgraded American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, American Express currently has an average rating of “Moderate Buy” and a consensus price target of $366.95.

Trending Headlines about American Express

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

• Positive Sentiment: American Express was highlighted in multiple articles as an attractive value and momentum stock, with Zacks and other outlets pointing to strong earnings/price momentum and undervaluation versus peers. Article Title
• Positive Sentiment: News that American Express is expanding its premium-card ecosystem beyond airports and into festivals and sporting events reinforces its appeal to affluent customers who generate high spending and fee revenue. Article Title
• Positive Sentiment: Tripadvisor said it will sell TheFork to American Express for $700 million in cash, a deal that suggests AmEx is still actively investing to broaden its travel and membership offerings. Article Title
• Neutral Sentiment: Several articles focused on valuation comparisons and sector commentary rather than a direct company-specific catalyst, including comparisons of AXP versus Intercorp Financial Services and Mastercard. Article Title
• Neutral Sentiment: American Express is approaching its next earnings report, with Wall Street expecting mid-single-digit EPS growth; this keeps attention on fundamentals but does not yet provide a new earnings result. Article Title
• Negative Sentiment: One analysis argued Mastercard may be the safer choice because it has more fee-based, risk-light economics, implicitly reminding investors that American Express carries more credit exposure and sensitivity to consumer health. Article Title

American Express Trading Down 0.1%

Shares of NYSE AXP opened at $351.66 on Monday. The business has a 50 day simple moving average of $322.50 and a 200 day simple moving average of $332.93. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The stock has a market cap of $239.95 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 1.45 and a beta of 1.04. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57.

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 the consensus estimate of $4.01 by $0.27. The firm had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s dividend payout ratio (DPR) is currently 23.71%.

American Express 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.