California State Teachers Retirement System Sells 28,827 Shares of American Express Company $AXP

California State Teachers Retirement System trimmed its position in shares of American Express Company (NYSE:AXP) by 3.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 826,577 shares of the payment services company’s stock after selling 28,827 shares during the quarter. California State Teachers Retirement System’s holdings in American Express were worth $250,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of AXP. Lantz Financial LLC raised its stake in American Express by 3.6% during the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after buying an additional 28 shares during the last quarter. Members Trust Co grew its stake in shares of American Express by 1.4% during the 4th quarter. Members Trust Co now owns 2,139 shares of the payment services company’s stock valued at $791,000 after acquiring an additional 29 shares during the period. Gilliland Jeter Wealth Management LLC increased its stake in shares of American Express by 4.8% in the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 633 shares of the payment services company’s stock worth $234,000 after purchasing an additional 29 shares in the last quarter. Cornerstone Advisory LLC raised its holdings in American Express by 2.9% during the fourth quarter. Cornerstone Advisory LLC now owns 1,017 shares of the payment services company’s stock valued at $376,000 after acquiring an additional 29 shares during the period. Finally, Total Clarity Wealth Management Inc. lifted its holdings in American Express by 3.4% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 874 shares of the payment services company’s stock worth $323,000 after purchasing an additional 29 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

American Express Price Performance

Shares of AXP opened at $336.51 on Wednesday. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The company has a quick ratio of 1.62, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The company has a market cap of $227.25 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 1.35 and a beta of 1.04. The company has a 50 day moving average of $333.51 and a two-hundred day moving average of $329.35.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. American Express’s payout ratio is presently 23.06%.

Analyst Ratings Changes

AXP has been the topic of a number of research reports. Guggenheim started coverage on American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. Royal Bank Of Canada downgraded American Express from a “moderate buy” rating to a “hold” rating in a research report on Monday, July 13th. TD Cowen lifted their price objective on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. BTIG Research reduced their target price on shares of American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a research note on Monday. Finally, Evercore set a $370.00 target price on shares of American Express in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $372.95.

American Express News Summary

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

• Positive Sentiment: Analyst support is improving. KBW and Deutsche Bank both assigned Buy ratings to AXP, helping reinforce the view that the recent pullback has created an attractive entry point. American Express Receives a Buy from KBW American Express Gets a Buy from Deutsche Bank
• Positive Sentiment: Card spending and revenue momentum remain healthy. American Express raised its 2026 revenue-growth outlook to 10%, citing continued spending strength. Management plans to reinvest operating gains in customers, technology and strategic capabilities, which analysts view as supportive of longer-term growth. AXP Q2 Earnings Call Highlights Reinvestment Strategy
• Positive Sentiment: Quarterly earnings exceeded expectations. AXP reported quarterly EPS of $4.53 versus the $4.41 consensus, while revenue increased 10% year over year. Analysts also highlighted resilient spending among premium cardholders and maintained optimistic long-term views. American Express Revenue Momentum Could Drive Higher Reinvestment
• Neutral Sentiment: Valuation opinions are mixed. One analysis found meaningful upside using an excess-returns model, supported by product changes and partnerships, but noted that AXP’s strong five-year performance has already priced in much of its business strength. Jefferies continues to rate the shares Hold. American Express Stock Still Looks Below Fair Value Today
• Negative Sentiment: Expenses and guidance quality remain concerns. Although earnings beat estimates, analysts cited weaker-than-expected sales and 2026 sales guidance slightly below consensus. Higher reinvestment and operating costs could limit near-term margin expansion. Analysts Cut Forecasts Following Q2 Earnings
• Negative Sentiment: Some analysts remain cautious. BTIG downgraded AXP to Sell and lowered its price target to $315, while separate commentary argued investors should wait for a better entry point. BTIG American Express Rating Update

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.