American Express Company $AXP Shares Sold by Fiduciary Alliance LLC

Fiduciary Alliance LLC trimmed its position in American Express Company (NYSE:AXP) by 18.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,800 shares of the payment services company’s stock after selling 2,474 shares during the period. Fiduciary Alliance LLC’s holdings in American Express were worth $3,554,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Asset Advisory Services LLC lifted its stake in shares of American Express by 2.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock valued at $465,000 after buying an additional 28 shares during the period. Lantz Financial LLC boosted its position in American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock worth $299,000 after acquiring an additional 28 shares during the last quarter. Financial Management Network Inc. grew its stake in American Express by 0.8% in the 4th quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock worth $1,394,000 after acquiring an additional 29 shares during the period. Central Bank & Trust Co. grew its stake in American Express by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock worth $969,000 after acquiring an additional 29 shares during the period. Finally, Burns J W & Co. Inc. NY raised its holdings in American Express by 2.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company’s stock valued at $518,000 after acquiring an additional 29 shares during the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express News Roundup

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?

American Express Price Performance

Shares of American Express stock opened at $342.55 on Thursday. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The stock has a market capitalization 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 current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The business’s fifty day moving average price is $320.38 and its 200 day moving average price is $334.40.

American Express (NYSE:AXP) last posted its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The firm had revenue of $14.21 billion during 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 in the previous year, the business earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.64 earnings per share for the current year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued 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 payout ratio is presently 23.71%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Loop Capital initiated coverage on American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price target on the stock. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. 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. Wells Fargo & Company reduced their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Finally, Bank of America lifted their price target on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $361.55.

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.