J. Safra Sarasin Holding AG Sells 5,682 Shares of American Express Company $AXP

J. Safra Sarasin Holding AG lowered its stake in American Express Company (NYSE:AXP) by 70.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,436 shares of the payment services company’s stock after selling 5,682 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in American Express were worth $737,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hibernia Wealth Partners LLC boosted its position in American Express by 4.5% during the 1st quarter. Hibernia Wealth Partners LLC now owns 1,637 shares of the payment services company’s stock valued at $495,000 after buying an additional 71 shares during the period. Lifeworks Advisors LLC increased its position in shares of American Express by 39.5% in the first quarter. Lifeworks Advisors LLC now owns 3,600 shares of the payment services company’s stock valued at $1,089,000 after acquiring an additional 1,019 shares during the period. Navigate Wealth Management LLC bought a new position in shares of American Express during the first quarter valued at about $254,000. LGT Fund Management Co Ltd. raised its stake in shares of American Express by 259.7% during the first quarter. LGT Fund Management Co Ltd. now owns 11,286 shares of the payment services company’s stock valued at $3,414,000 after acquiring an additional 8,148 shares during the last quarter. Finally, Global Assets Advisory LLC boosted its holdings in shares of American Express by 33.2% during the first quarter. Global Assets Advisory LLC now owns 2,482 shares of the payment services company’s stock worth $751,000 after purchasing an additional 619 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Trading Up 1.0%

NYSE AXP opened at $358.61 on Thursday. 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 Company has a twelve month low of $288.34 and a twelve month high of $387.49. The firm has a market capitalization of $244.69 billion, a PE ratio of 22.37, a P/E/G ratio of 1.43 and a beta of 1.04. The stock’s 50 day moving average is $327.75 and its 200 day moving average is $331.30.

American Express (NYSE:AXP) last posted its quarterly earnings data 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 business 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 prior year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 17.67 earnings per share for the current fiscal 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 given a $0.95 dividend. The ex-dividend date of this dividend 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 is currently 23.71%.

More American Express News

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

• Positive Sentiment: JPMorgan upgraded American Express to Overweight and named it a preferred pick, pointing to the company’s stronger spending-linked revenue model even as broader market worries rise.
• Positive Sentiment: American Express raised its Platinum Card annual fee to $895, a roughly 29% increase, and reports say retention remains high — a favorable sign for future card-fee revenue.
• Positive Sentiment: Several articles highlighted American Express as one of Warren Buffett’s key holdings and a stock to watch, which can support investor confidence in the long-term story.
• Positive Sentiment: Research pieces also pointed to strong earnings growth and price momentum, reinforcing expectations for solid fundamentals heading into the July 24 earnings report.
• Neutral Sentiment: American Express was featured in a branded Montauk/EDITION Hotels event, which is positive for marketing and cardholder engagement but unlikely to move the stock materially by itself.
• Neutral Sentiment: Peer-news around Visa’s AI banking assistant and the reported PayPal takeover chatter may influence sentiment for payments names broadly, but the direct impact on AXP is limited.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Benchmark initiated coverage on American Express in a report on Monday. They set a “buy” rating on the stock. Barclays lifted their price objective on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Loop Capital initiated coverage on American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price for the company. Finally, HSBC raised their price target on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $374.15.

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.