CHICAGO TRUST Co NA Decreases Stock Position in American Express Company $AXP

CHICAGO TRUST Co NA trimmed its stake in shares of American Express Company (NYSE:AXP) by 7.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,462 shares of the payment services company’s stock after selling 1,636 shares during the quarter. American Express accounts for 1.0% of CHICAGO TRUST Co NA’s holdings, making the stock its 20th largest holding. CHICAGO TRUST Co NA’s holdings in American Express were worth $6,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AXP. Evolution Wealth Management Inc. grew its position 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 in the last quarter. Joseph Group Capital Management acquired a new stake in American Express in the fourth quarter valued at approximately $26,000. Sfam LLC purchased a new position in American Express in the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of American Express in the 4th quarter valued at approximately $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on AXP. Evercore set a $345.00 target price on American Express in a report on Wednesday, April 29th. Loop Capital assumed coverage on American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price on the stock. Wells Fargo & Company lowered their price target on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Barclays dropped their price target on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Bank of America raised their price objective on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Express has an average rating of “Moderate Buy” and a consensus price target of $366.95.

American Express News Roundup

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

• Positive Sentiment: Piper Sandler upgraded American Express from neutral to strong-buy, which likely boosted investor confidence in the stock’s outlook.
• Positive Sentiment: American Express and Resy, with the National Restaurant Association Educational Foundation, launched a new Restaurant Academy to train restaurant leaders, reinforcing the company’s brand relationships in dining and hospitality. Article Title
• Positive Sentiment: American Express expanded its Membership Rewards usefulness by letting U.S. cardholders redeem points through Apple Pay, a move that could improve cardholder engagement and loyalty. Article Title
• Positive Sentiment: Multiple articles highlighted American Express’s growth, resilience, and long-term appeal, including commentary that the company remains one of Warren Buffett’s oldest stock picks, helping reinforce a premium valuation narrative. Article Title
• Neutral Sentiment: A fast-company article said Amex wants to help the restaurant industry solve management problems, but it read more like a brand/industry profile than a direct earnings or revenue catalyst. Article Title
• Neutral Sentiment: One note also mentioned a price target increase from BTIG, but the firm kept a sell rating, making the signal mixed rather than clearly positive.

American Express Stock Up 2.7%

American Express stock opened at $347.52 on Thursday. American Express Company has a fifty-two week low of $288.34 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market capitalization of $237.12 billion, a P/E ratio of 21.68, a PEG ratio of 1.39 and a beta of 1.04. The stock has a 50-day simple moving average of $321.69 and a 200-day simple moving average of $333.36.

American Express (NYSE:AXP) last released its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The firm had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts expect that American Express Company will post 17.65 earnings per share for the current year.

American Express Announces Dividend

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

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.