Personal CFO Solutions LLC Buys 1,772 Shares of American Express Company $AXP

Personal CFO Solutions LLC grew its stake in shares of American Express Company (NYSE:AXP) by 20.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,622 shares of the payment services company’s stock after buying an additional 1,772 shares during the period. Personal CFO Solutions LLC’s holdings in American Express were worth $3,213,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Stenger Family Office LLC increased its holdings in American Express by 17.1% during the 1st quarter. Stenger Family Office LLC now owns 20,010 shares of the payment services company’s stock worth $6,053,000 after acquiring an additional 2,925 shares during the period. Arbor Trust Wealth Advisors LLC boosted its holdings in American Express by 7.2% in the 1st quarter. Arbor Trust Wealth Advisors LLC now owns 1,947 shares of the payment services company’s stock valued at $589,000 after purchasing an additional 130 shares during the period. Marino Stram & Associates LLC grew its position in shares of American Express by 1.9% during the 1st quarter. Marino Stram & Associates LLC now owns 2,630 shares of the payment services company’s stock valued at $796,000 after purchasing an additional 48 shares in the last quarter. Duncker Streett & Co. Inc. grew its position in shares of American Express by 15.7% during the 1st quarter. Duncker Streett & Co. Inc. now owns 3,686 shares of the payment services company’s stock valued at $1,115,000 after purchasing an additional 500 shares in the last quarter. Finally, Renasant Bank increased its holdings in shares of American Express by 14.0% in the first quarter. Renasant Bank now owns 833 shares of the payment services company’s stock worth $252,000 after purchasing an additional 102 shares during the period. 84.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AXP has been the topic of a number of recent analyst reports. BTIG Research increased their price objective on American Express from $285.00 to $324.00 and gave the stock a “sell” rating in a research report on Tuesday, June 30th. Wells Fargo & Company decreased their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley lowered their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. 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 report on Thursday, April 9th. Finally, Evercore set a $380.00 price objective on American Express in a report on Monday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, American Express presently has an average rating of “Hold” and a consensus target price of $368.50.

American Express News Roundup

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

• Positive Sentiment: UBS raised its price target on American Express to $386 from $340, implying meaningful upside from current levels, even while keeping a neutral stance. Benzinga report on UBS target hike
• Positive Sentiment: Barclays lifted its target to $364 from $322, reflecting improved expectations for AXP and signaling continued analyst confidence in the stock. Benzinga report on Barclays target hike
• Positive Sentiment: Other commentary highlighted solid spending growth, rising revenue, and expanding digital capabilities, suggesting American Express is still executing well operationally. Yahoo Finance article on American Express fundamentals
• Positive Sentiment: Several articles pointed to options-market activity that could indicate traders are positioning for a larger move in AXP, which may be supportive if sentiment turns positive. Yahoo Finance options market article
• Neutral Sentiment: TD Cowen also nudged its target higher to $338, but kept a hold rating, reinforcing a broadly cautious-but-not-bearish Street view. Benzinga report on TD Cowen target hike
• Negative Sentiment: Shares fell more than the broader market in the latest session, indicating investors are taking profits or rotating out despite the supportive analyst updates. Zacks market move article
• Negative Sentiment: Costco’s reported credit-card change could be a reminder of competitive and partnership risks in the card ecosystem, though the direct impact on American Express is unclear. TheStreet Costco credit card change article

American Express Stock Performance

NYSE AXP opened at $336.29 on Thursday. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The company has a fifty day moving average of $324.31 and a 200-day moving average of $332.29. The company has a market capitalization of $229.46 billion, a P/E ratio of 20.98, a P/E/G ratio of 1.44 and a beta of 1.04. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter in the prior year, the firm earned $3.64 earnings per share. The firm’s 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. As a group, equities research analysts predict that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Announces Dividend

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