American Express Company $AXP Stake Raised by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its position in shares of American Express Company (NYSE:AXPFree Report) by 1.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,971 shares of the payment services company’s stock after buying an additional 1,907 shares during the quarter. American Express makes up 4.9% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 5th largest position. Noesis Capital Mangement Corp’s holdings in American Express were worth $32,962,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AXP. Capital Asset Advisory Services LLC grew its stake in American Express by 2.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after buying an additional 28 shares during the period. Lantz Financial LLC raised its position in shares of American Express by 3.6% in the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after purchasing an additional 28 shares in the last quarter. Financial Management Network Inc. grew its holdings in American Express by 0.8% during the 4th quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock worth $1,394,000 after acquiring an additional 29 shares in the last quarter. Central Bank & Trust Co. grew its stake in American Express by 1.1% in the fourth quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock worth $969,000 after purchasing an additional 29 shares in the last quarter. Finally, Burns J W & Co. Inc. NY increased its holdings in shares of American Express by 2.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company’s stock valued at $518,000 after acquiring an additional 29 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AXP shares. Guggenheim began coverage on American Express in a report on Monday. They issued a “buy” rating on the stock. Morgan Stanley upgraded American Express from a “positive” rating to an “overweight” rating in a research report on Monday. Piper Sandler downgraded shares of American Express from an “overweight” rating to a “hold” rating in a report on Monday. UBS Group increased their price target on American Express from $340.00 to $386.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Finally, HSBC lifted their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $374.15.

Check Out Our Latest Report on American Express

American Express Trading Up 1.0%

Shares of AXP opened at $358.61 on Thursday. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The stock’s 50-day moving average price is $327.75 and its 200 day moving average price is $331.30. The firm has a market capitalization of $244.69 billion, a price-to-earnings ratio of 22.37, a P/E/G ratio of 1.43 and a beta of 1.04.

American Express (NYSE:AXPGet Free Report) last posted its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping the consensus estimate of $4.01 by $0.27. The business had revenue of $14.21 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%.American Express’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts predict that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s payout ratio is 23.71%.

American Express News Summary

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

  • Positive Sentiment: JPMorgan upgraded American Express to Overweight and named it a preferred pick, pointing to the company’s stronger spending-linked revenue model even as broader market worries rise.
  • Positive Sentiment: American Express raised its Platinum Card annual fee to $895, a roughly 29% increase, and reports say retention remains high — a favorable sign for future card-fee revenue.
  • Positive Sentiment: Several articles highlighted American Express as one of Warren Buffett’s key holdings and a stock to watch, which can support investor confidence in the long-term story.
  • Positive Sentiment: Research pieces also pointed to strong earnings growth and price momentum, reinforcing expectations for solid fundamentals heading into the July 24 earnings report.
  • Neutral Sentiment: American Express was featured in a branded Montauk/EDITION Hotels event, which is positive for marketing and cardholder engagement but unlikely to move the stock materially by itself.
  • Neutral Sentiment: Peer-news around Visa’s AI banking assistant and the reported PayPal takeover chatter may influence sentiment for payments names broadly, but the direct impact on AXP is limited.

About American Express

(Free Report)

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.

See Also

Institutional Ownership by Quarter for American Express (NYSE:AXP)

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