American Express Company $AXP Stake Raised by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in American Express Company (NYSE:AXP) by 4.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,092 shares of the payment services company’s stock after buying an additional 10,150 shares during the quarter. Cetera Investment Advisers’ holdings in American Express were worth $66,876,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AXP. Lavaca Capital LLC grew its position in American Express by 169.5% in the 1st quarter. Lavaca Capital LLC now owns 1,590 shares of the payment services company’s stock valued at $481,000 after buying an additional 1,000 shares in the last quarter. Fairbanks Capital Management Inc. lifted its stake in shares of American Express by 305.5% in the 1st quarter. Fairbanks Capital Management Inc. now owns 6,366 shares of the payment services company’s stock worth $1,926,000 after acquiring an additional 4,796 shares during the period. First Trust Advisors LP boosted its holdings in shares of American Express by 11.0% in the first quarter. First Trust Advisors LP now owns 1,421,221 shares of the payment services company’s stock valued at $429,891,000 after acquiring an additional 141,242 shares in the last quarter. a16z Perennial Management L.P. increased its stake in shares of American Express by 17,113.6% during the first quarter. a16z Perennial Management L.P. now owns 116,708 shares of the payment services company’s stock valued at $35,302,000 after acquiring an additional 116,030 shares during the period. Finally, Oslo Pensjonsforsikring AS bought a new stake in American Express during the first quarter worth approximately $657,000. Institutional investors own 84.33% of the company’s stock.

American Express Stock Down 4.4%

AXP stock opened at $325.86 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The firm has a market capitalization of $222.34 billion, a P/E ratio of 20.33, a P/E/G ratio of 1.37 and a beta of 1.04. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The company’s 50 day simple moving average is $332.50 and its 200-day simple moving average is $330.33.

American Express (NYSE:AXP) last posted its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. The firm had revenue of $14.99 billion for the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts anticipate that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The firm 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 $0.95 dividend. 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 dividend payout ratio is currently 23.71%.

Analyst Ratings Changes

AXP has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. Morgan Stanley raised American Express from a “positive” rating to an “overweight” rating in a report on Monday, July 13th. BTIG Research upped their price target on shares of American Express from $285.00 to $324.00 and gave the company a “sell” rating in a report on Tuesday, June 30th. The Goldman Sachs Group lifted their price objective on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Piper Sandler lowered shares of American Express from an “overweight” rating to a “hold” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, American Express has an average rating of “Moderate Buy” and an average target price of $374.11.

American Express News Roundup

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

• Positive Sentiment: American Express beat Q2 EPS estimates with $4.53 per share and reported 10% year-over-year revenue growth, showing resilient demand from cardmembers. AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
• Positive Sentiment: The company raised its 2026 revenue growth forecast and guided full-year EPS to $17.30-$17.90, signaling confidence that premium card spending on travel and dining remains strong. American Express Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Management said cardmember spending stayed healthy, with strong travel and entertainment demand and continued strength among affluent customers, which supports revenue momentum. American Express Sales, Profit Rise on Higher Card Member Spending
• Neutral Sentiment: Analysts and market commentary suggest the stock reaction is being driven by an earnings-quality debate: investors liked the beat, but the market is questioning whether growth can continue while expenses rise. Why American Express Stock Fell 6.5% Friday Morning
• Negative Sentiment: Revenue came in below some Wall Street expectations, and reports highlighted softer net interest income and rising operating costs, which helped trigger selling despite the profit beat. American Express shares slip despite earnings beat as revenue falls short of forecasts

About American Express

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.