American Express Company $AXP Stock Holdings Boosted by IFP Advisors Inc

IFP Advisors Inc lifted its position in shares of American Express Company (NYSE:AXP) by 61.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,700 shares of the payment services company’s stock after acquiring an additional 3,678 shares during the period. IFP Advisors Inc’s holdings in American Express were worth $3,589,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Murphy & Mullick Capital Management Corp grew its position in shares of American Express by 10.0% during the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after acquiring an additional 28 shares during the last quarter. Capital Asset Advisory Services LLC grew its position 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 worth $465,000 after acquiring an additional 28 shares during the last quarter. Lantz Financial LLC grew its position in shares of 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 position in shares of American Express by 0.8% during the fourth 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 last quarter. Finally, Central Bank & Trust Co. grew its position in shares of American Express by 1.1% during the fourth 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 last quarter. Institutional investors own 84.33% of the company’s stock.

American Express Price Performance

Shares of NYSE AXP opened at $309.93 on Friday. American Express Company has a twelve month low of $281.46 and a twelve month high of $387.49. 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 company has a market capitalization of $211.48 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 1.26 and a beta of 1.08. The firm has a 50-day moving average of $311.23 and a two-hundred day moving average of $340.89.

American Express (NYSE:AXP) last posted its quarterly earnings data 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 net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the firm earned $3.64 earnings per share. The business’s quarterly 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, analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were paid a dividend of $0.95 per share. This is a boost from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 2nd. American Express’s payout ratio is currently 23.71%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AXP shares. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. decreased their target price on shares of American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Loop Capital started coverage on shares of American Express in a research report on Thursday. They issued a “buy” rating and a $389.00 target price for the company. The Goldman Sachs Group increased their target price on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Wells Fargo & Company decreased their target price on shares of American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, American Express presently has a consensus rating of “Hold” and an average price target of $359.05.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express announced a strategic partnership with Fanatics that includes a co-branded Fanatics American Express card, exclusive fan experiences, and broader payment acceptance across select Fanatics channels, which could help drive new card acquisitions and spending volume. Article Title
• Positive Sentiment: AmEx expanded its sports-commerce strategy with Fanatics through a rewards integration and new card offering, reinforcing its premium brand and loyalty ecosystem. Article Title
• Positive Sentiment: Multiple commentary pieces pointed to American Express as one of Warren Buffett’s favorite long-term holdings, which can support investor confidence in AXP’s durable business model and valuation. Article Title
• Positive Sentiment: American Express and Main Street America awarded more than $10 million in grants to over 500 small businesses, underscoring the company’s ongoing support for Main Street merchants and small-business relationships. Article Title

American Express 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.