SG Trading Solutions LLC Takes Position in American Express Company $AXP

SG Trading Solutions LLC purchased a new position in American Express Company (NYSE:AXP) in the fourth quarter, Holdings Channel reports. The fund purchased 2,457 shares of the payment services company’s stock, valued at approximately $909,000.

Several other institutional investors have also made changes to their positions in the stock. Evolution Wealth Management Inc. increased its stake in American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after buying an additional 66 shares during the period. Joseph Group Capital Management purchased a new stake in American Express in the 4th quarter worth approximately $26,000. Sfam LLC acquired a new stake in shares of American Express during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the 4th quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of American Express during the 3rd quarter valued at $28,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Stock Performance

AXP stock opened at $338.86 on Friday. The firm has a 50 day moving average of $318.70 and a two-hundred day moving average of $335.13. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The company has a market capitalization of $231.22 billion, a price-to-earnings ratio of 21.14, a P/E/G ratio of 1.40 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 (NYSE:AXP) last released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.21 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts anticipate that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders 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 yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is 23.71%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AXP. BTIG Research reaffirmed a “sell” rating and issued a $285.00 price target on shares of American Express in a research note on Tuesday. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Truist Financial lowered their target price on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. Finally, Bank of America raised their price target on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $360.80.

Key Stories Impacting American Express

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

• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: One market note says AXP is breaking out through technical resistance, which can attract momentum traders and support the stock. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Positive Sentiment: Recent coverage also highlights American Express as an attractive long-term investment and suggests the company still has room to benefit from continued demand in digital payments and premium spending. What Makes American Express Company (AXP) an Attractive Bet?
• Neutral Sentiment: Several articles compare AXP with peers like Mastercard and ask whether the stock still has upside after a strong multi-year run, reflecting ongoing debate over valuation rather than a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Analyst roundups show mixed sentiment on AXP, which may limit conviction even as the stock trades near recent highs. Analysts Conflicted on These Financial Names: Suncorp Group (OtherSNMYF), Westpac Banking (OtherWEBNF) and American Express (AXP)
• Negative Sentiment: Some commentary suggests Mastercard may offer more upside than American Express, which could weigh on AXP by comparison as investors rotate toward faster-growing payments names. Mastercard vs. American Express: Which Stock Has More Upside Now?

About American Express

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.