Brian Low Financial Group LLC boosted its holdings in American Express Company (NYSE:AXP) by 71.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,820 shares of the payment services company’s stock after purchasing an additional 2,011 shares during the quarter. Brian Low Financial Group LLC’s holdings in American Express were worth $1,458,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. boosted its stake in shares of American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after buying an additional 66 shares during the period. Joseph Group Capital Management purchased a new position in shares of American Express during the fourth quarter worth about $26,000. Sfam LLC acquired a new position in American Express in the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new position in American Express in the 4th quarter valued at about $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in American Express during the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 84.33% of the company’s stock.
American Express Price Performance
Shares of NYSE:AXP opened at $342.55 on Thursday. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The company has a 50-day moving average price of $320.38 and a 200 day moving average price of $334.40. The company has a market cap of $233.73 billion, a P/E ratio of 21.37, a PEG ratio of 1.39 and a beta of 1.06. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73.
American Express Dividend Announcement
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 issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio is currently 23.71%.
Key American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express launched a new ABA American Express Business Card for legal professionals and signed a multiyear global payments partnership with the NFL, signaling continued expansion of its card and payments ecosystem. American Express (AXP) Launches ABA Card Partnership And Lands New NFL Payments Deal
- Positive Sentiment: Truist raised its price target on American Express to $375 from $360 and kept a buy rating, reflecting continued confidence in the company’s earnings and upside potential.
- Positive Sentiment: Recent coverage also highlighted American Express as a strong trading-day outperformer, suggesting investors are rotating into the name on relative strength. American Express Co. stock outperforms competitors on strong trading day
- Neutral Sentiment: American Express also announced plans to webcast its second-quarter 2026 earnings call on July 24, keeping investors focused on upcoming results rather than providing new financial guidance.
- Neutral Sentiment: Commentary questioning whether AmEx’s affluent consumer remains resilient adds some caution, but it does not appear to have outweighed the more positive news flow today. American Express Keeps Saying the Affluent Consumer Is Fine. Should Investors Trust It?
Analyst Ratings Changes
A number of analysts have weighed in on the company. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a research report on Thursday, June 18th. Royal Bank Of Canada set a $415.00 target price on American Express in a report on Friday, April 10th. JPMorgan Chase & Co. cut their price target on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. The Goldman Sachs Group increased their price target on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Truist Financial lifted their price objective on shares of American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $361.55.
View Our Latest Stock Analysis on American Express
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.
Featured Articles
- Five stocks we like better than American Express
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding AXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Express Company (NYSE:AXP – Free Report).
Receive News & Ratings for American Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express and related companies with MarketBeat.com's FREE daily email newsletter.
