American Express Company $AXP Shares Bought by Leonteq Securities AG

Leonteq Securities AG raised its position in American Express Company (NYSE:AXP) by 58.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 6,570 shares of the payment services company’s stock after purchasing an additional 2,430 shares during the period. Leonteq Securities AG’s holdings in American Express were worth $1,987,000 as of its most recent filing with the Securities and Exchange Commission.

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

American Express Trading Up 1.1%

Shares of American Express stock opened at $351.66 on Friday. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The company’s 50-day simple moving average is $322.13 and its 200-day simple moving average is $333.14. The firm has a market cap of $239.95 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 1.43 and a beta of 1.04.

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, topping the consensus estimate of $4.01 by $0.27. The firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts anticipate that American Express Company will post 17.65 earnings per share for the current year.

American Express Dividend Announcement

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 paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio is 23.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on AXP shares. Barclays lowered their price target on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. 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 note on Thursday, June 18th. Royal Bank Of Canada set a $415.00 price objective on American Express in a research report on Friday, April 10th. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 target price on the stock. Finally, The Goldman Sachs Group boosted their target price on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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 (AXP) from neutral to strong-buy, signaling growing analyst confidence in the company’s outlook.
• Positive Sentiment: American Express and Apple Pay launched a “Use Pay with Points” feature, letting card members redeem Membership Rewards points at checkout, which could strengthen customer engagement and boost card usage.
• Positive Sentiment: American Express, Resy, and the National Restaurant Association Educational Foundation launched Restaurant Academy, a new program that supports restaurant operators and reinforces AXP’s merchant relationships.
• Positive Sentiment: Several recent articles highlighted American Express as an undervalued Dow stock and a long-term Buffett holding, reinforcing the view that the stock still has room to run.
• Neutral Sentiment: Wall Street expects American Express to report second-quarter EPS growth in the single digits, suggesting steady but not explosive earnings momentum ahead of the upcoming results.
• Neutral Sentiment: BTIG raised its price target on AXP to $324 from $285, but kept a Sell rating, showing that even some higher target revisions are coming with caution.
• Negative Sentiment: A 247WallSt comparison piece argued Mastercard’s network-fee model offers lower risk and better margin insulation than American Express’s credit-card business, highlighting a potential structural concern for AXP.

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.