Foundations Investment Advisors LLC Sells 1,761 Shares of American Express Company $AXP

Foundations Investment Advisors LLC reduced its stake in shares of American Express Company (NYSE:AXP) by 8.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,783 shares of the payment services company’s stock after selling 1,761 shares during the period. Foundations Investment Advisors LLC’s holdings in American Express were worth $7,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Valley Wealth Managers Inc. boosted its holdings in American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after buying an additional 46 shares during the period. Joseph Group Capital Management bought a new position in American Express in the 4th quarter worth approximately $26,000. Guerra Advisors Inc bought a new position in American Express in the 3rd quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new position in American Express in the 3rd quarter worth approximately $28,000. Finally, Torren Management LLC bought a new position in American Express in the 4th quarter worth approximately $32,000. 84.33% of the stock is owned by institutional investors.

American Express News Roundup

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

• Positive Sentiment: American Express was highlighted at Bernstein’s Strategic Decisions Conference, keeping management and strategy in focus for investors and suggesting the company remains confident in its growth, cardmember engagement, and premium spending model. American Express Company (AXP) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Positive Sentiment: American Express said cardmembers can now tap and ride on more transit systems across Canada, a small but supportive move that expands everyday payment acceptance and reinforces AmEx’s convenience for daily spending. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Positive Sentiment: One analyst note said American Express kept a Buy rating after a strong first quarter, which supports the view that the company’s earnings power remains solid despite broader macro concerns. American Express Stock Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Several articles compared AXP with peers such as Visa and Mastercard or with another small-business payments product, but these were more sector commentary than direct catalysts for American Express. Can AmEx Boost SMB Engagement With Its Small Business Credit Card?
• Negative Sentiment: Broader commentary about consumer confidence and retail-banking engagement suggests a less certain spending backdrop, which could limit enthusiasm for payment-volume growth if customers pull back. Warren Buffett’s Successor, Greg Abel, Just Sold UnitedHealth Group Stock. Is He Missing a Huge Opportunity?

American Express Stock Up 0.7%

Shares of NYSE:AXP opened at $314.86 on Friday. The firm has a fifty day moving average price of $312.36 and a two-hundred day moving average price of $339.06. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a one year low of $286.15 and a one year high of $387.49. The company has a market cap of $214.84 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 1.27 and a beta of 1.08.

American Express (NYSE:AXP) last posted 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 $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts anticipate that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 3rd were given a dividend of $0.95 per share. This is an increase from American Express’s previous quarterly dividend of $0.82. The ex-dividend date was Thursday, April 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s dividend payout ratio is 23.71%.

Wall Street Analysts Forecast Growth

AXP has been the subject of several analyst reports. Barclays cut their price objective on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada set a $415.00 price objective on shares of American Express in a report on Friday, April 10th. Evercore set a $345.00 price objective on shares of American Express in a report on Wednesday, April 29th. UBS Group reaffirmed a “neutral” rating and issued a $395.00 price objective on shares of American Express in a report on Wednesday, February 4th. Finally, Morgan Stanley cut their price objective on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price 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.