J.W. Cole Advisors Inc. Sells 2,006 Shares of American Express Company $AXP

J.W. Cole Advisors Inc. decreased its position in American Express Company (NYSE:AXP) by 7.5% during the 4th quarter, HoldingsChannel reports. The fund owned 24,888 shares of the payment services company’s stock after selling 2,006 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in American Express were worth $8,438,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in AXP. Norges Bank acquired a new position in shares of American Express during the 4th quarter worth approximately $2,464,215,000. Ameriprise Financial Inc. increased its position in shares of American Express by 27.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock worth $1,310,515,000 after purchasing an additional 845,283 shares during the last quarter. Amundi increased its position in shares of American Express by 23.9% during the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock worth $925,449,000 after purchasing an additional 537,205 shares during the last quarter. Danske Bank A S acquired a new position in shares of American Express during the 3rd quarter worth approximately $153,292,000. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of American Express during the 4th quarter worth approximately $166,848,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Trending Headlines about American Express

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AXP shares. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. 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 research report on Friday, April 24th. Wells Fargo & Company lowered their price target 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. BTIG Research reaffirmed a “sell” rating and set a $285.00 price target on shares of American Express in a research report on Friday, April 24th. Finally, Evercore set a $345.00 target price on American Express in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $359.05.

American Express Stock Performance

Shares of NYSE AXP opened at $310.48 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The stock’s fifty day moving average price is $313.91 and its two-hundred day moving average price is $336.92. American Express Company has a one year low of $286.15 and a one year high of $387.49. The firm has a market cap of $211.85 billion, a price-to-earnings ratio of 19.37, a P/E/G ratio of 1.27 and a beta of 1.06.

American Express (NYSE:AXP) last issued 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 return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the firm posted $3.64 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Announces Dividend

The business 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 dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.71%.

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.