180 Wealth Advisors LLC Has $647,000 Stake in American Express Company $AXP

180 Wealth Advisors LLC trimmed its position in shares of American Express Company (NYSE:AXP) by 49.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,138 shares of the payment services company’s stock after selling 2,102 shares during the period. 180 Wealth Advisors LLC’s holdings in American Express were worth $647,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Hudson Bay Capital Management LP increased its position in shares of American Express by 159.5% during the third quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock worth $10,500,000 after purchasing an additional 19,429 shares in the last quarter. Investment Research Partners LLC purchased a new position in American Express in the 3rd quarter valued at approximately $1,573,000. Keybank National Association OH grew its position in shares of American Express by 3.0% in the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after purchasing an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after purchasing an additional 35,533 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of American Express by 6.2% during the fourth quarter. Nordea Investment Management AB now owns 2,474,363 shares of the payment services company’s stock worth $920,710,000 after purchasing an additional 144,512 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about American Express

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

• Positive Sentiment: American Express is expanding AI across payments, including new tools and security features, which could improve customer experience, fraud prevention, and long-term growth prospects. Can AmEx’s AI Investments Unlock the Next Phase of Growth?
• Positive Sentiment: Bank of America raised its price target on AXP to $391 from $387 and kept a buy rating, signaling continued confidence in upside from current levels. American Express price target raised by Bank of America Corporation
• Positive Sentiment: Some recent commentary says the stock may be a bargain after its pullback this year, with upcoming second-quarter earnings viewed as a potential catalyst for a rebound. Is American Express Stock a Bargain?
• Neutral Sentiment: American Express also broke ground on its new global headquarters at 2 World Trade Center, a long-term strategic project that supports brand and operational growth but is not an immediate earnings driver. American Express Breaks Ground on New Headquarters at 2 World Trade Center
• Negative Sentiment: Recent articles note AXP has been under pressure this year and fell more sharply than the broader market in the latest session, reminding investors that sentiment is still somewhat fragile ahead of earnings. American Express (AXP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

American Express Stock Down 0.0%

Shares of American Express stock opened at $350.52 on Monday. The stock’s fifty day moving average is $325.61 and its 200-day moving average is $331.86. The firm has a market capitalization of $239.17 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. 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 Company has a 12-month low of $288.34 and a 12-month high of $387.49.

American Express (NYSE:AXP) last issued its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating 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 $14.21 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same quarter in the prior year, the firm earned $3.64 EPS. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

The company 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 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is currently 23.71%.

Analysts Set New Price Targets

Several brokerages have commented on AXP. JPMorgan Chase & Co. dropped 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. Bank of America lifted their price objective on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday. Loop Capital initiated coverage on shares of American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 price target on the stock. Piper Sandler started coverage on shares of American Express in a report on Monday, June 29th. They issued an “overweight” rating and a $396.00 price target for the company. Finally, Truist Financial increased their target price on American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express presently has a consensus rating of “Hold” and a consensus target price of $368.70.

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.