Founders Financial Securities LLC Increases Stock Holdings in American Express Company $AXP

Founders Financial Securities LLC increased its holdings in American Express Company (NYSE:AXPFree Report) by 77.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,028 shares of the payment services company’s stock after acquiring an additional 1,753 shares during the quarter. Founders Financial Securities LLC’s holdings in American Express were worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp raised its holdings in American Express by 10.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after purchasing an additional 28 shares in the last quarter. Capital Asset Advisory Services LLC raised its holdings in American Express by 2.4% in the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock worth $465,000 after purchasing an additional 28 shares in the last quarter. Lantz Financial LLC raised its holdings in American Express by 3.6% in the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after purchasing an additional 28 shares in the last quarter. Financial Management Network Inc. raised its holdings in American Express by 0.8% in the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock worth $1,394,000 after purchasing an additional 29 shares in the last quarter. Finally, Central Bank & Trust Co. raised its holdings 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. Institutional investors own 84.33% of the company’s stock.

Key American Express News

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

Analyst Ratings Changes

A number of equities analysts have issued reports on AXP shares. Truist Financial decreased their price objective on American Express from $400.00 to $360.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Wells Fargo & Company decreased their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. UBS Group restated a “neutral” rating and set a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. The Goldman Sachs Group raised their price target on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Loop Capital started coverage on American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $359.05.

Check Out Our Latest Report on AXP

American Express Price Performance

Shares of NYSE:AXP opened at $316.55 on Monday. American Express Company has a 1-year low of $286.15 and a 1-year high of $387.49. 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 business has a fifty day moving average price of $312.81 and a 200-day moving average price of $338.70. The company has a market capitalization of $215.99 billion, a PE ratio of 19.75, a PEG ratio of 1.29 and a beta of 1.06.

American Express (NYSE:AXPGet Free Report) last released its quarterly earnings data 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. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period last year, the company earned $3.64 EPS. American Express’s revenue for the quarter was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Profile

(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.

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

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