Delaney Dennis R Raises Stock Position in American Express Company $AXP

Delaney Dennis R increased its holdings in shares of American Express Company (NYSE:AXP) by 43.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,416 shares of the payment services company’s stock after purchasing an additional 2,263 shares during the period. American Express accounts for 1.4% of Delaney Dennis R’s holdings, making the stock its 28th biggest holding. Delaney Dennis R’s holdings in American Express were worth $2,744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Dempze Nancy E boosted its stake in shares of American Express by 58.4% during the fourth quarter. Dempze Nancy E now owns 8,011 shares of the payment services company’s stock valued at $2,964,000 after purchasing an additional 2,953 shares in the last quarter. Notis McConarty Edward boosted its stake in shares of American Express by 49.8% during the fourth quarter. Notis McConarty Edward now owns 7,944 shares of the payment services company’s stock valued at $2,939,000 after purchasing an additional 2,640 shares in the last quarter. Polar Capital Holdings Plc boosted its stake in shares of American Express by 1.4% during the fourth quarter. Polar Capital Holdings Plc now owns 40,360 shares of the payment services company’s stock valued at $14,931,000 after purchasing an additional 550 shares in the last quarter. Rothschild Wealth LLC boosted its stake in shares of American Express by 10.2% during the fourth quarter. Rothschild Wealth LLC now owns 2,166 shares of the payment services company’s stock valued at $801,000 after purchasing an additional 200 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd boosted its stake in shares of American Express by 44.7% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,541 shares of the payment services company’s stock valued at $570,000 after purchasing an additional 476 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

Key American Express News

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

• Positive Sentiment: American Express agreed to buy TheFork for $700 million, adding more than 50,000 European restaurants to its dining network and expanding the company’s premium lifestyle offerings. American Express Expands Dining Ecosystem With TheFork Acquisition From Tripadvisor
• Positive Sentiment: Analysts and market commentary suggest the deal could improve AmEx’s competitive positioning in dining and experiences, which may support customer acquisition and cardholder spending over time. Analysts Offer Insights on Financial Companies: Visa (V) and American Express (AXP)
• Neutral Sentiment: BTIG reaffirmed its sell rating on American Express with a $285 price target, signaling lingering valuation concerns despite the recent stock strength.

American Express Price Performance

NYSE AXP opened at $341.06 on Wednesday. The firm’s fifty day simple moving average is $317.35 and its two-hundred day simple moving average is $335.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49. The firm has a market capitalization of $232.72 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.36 and a beta of 1.06.

American Express (NYSE:AXP) last posted 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 net margin of 15.13% and a return on equity of 33.95%. The business had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period in the previous year, the firm posted $3.64 earnings per share. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts forecast that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

Wall Street Analysts Forecast Growth

AXP has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Barclays lowered their target price on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Morgan Stanley cut their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. BTIG Research reaffirmed a “sell” rating and issued a $285.00 price target on shares of American Express in a report on Tuesday. Finally, Royal Bank Of Canada set a $415.00 price target on shares of American Express in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $359.05.

American Express 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.