MV Capital Management Inc. Purchases Shares of 1,515 American Express Company $AXP

MV Capital Management Inc. purchased a new stake in shares of American Express Company (NYSE:AXP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,515 shares of the payment services company’s stock, valued at approximately $560,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of AXP. Evolution Wealth Management Inc. raised its position in American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new stake in American Express in the 4th quarter valued at about $26,000. Sfam LLC bought a new position in shares of American Express during the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of American Express during the 4th quarter valued at about $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of American Express in the 3rd quarter worth approximately $28,000. Institutional investors own 84.33% of the company’s stock.

Key Stories Impacting American Express

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

• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: One market note says AXP is breaking out through technical resistance, which can attract momentum traders and support the stock. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Positive Sentiment: Recent coverage also highlights American Express as an attractive long-term investment and suggests the company still has room to benefit from continued demand in digital payments and premium spending. What Makes American Express Company (AXP) an Attractive Bet?
• Neutral Sentiment: Several articles compare AXP with peers like Mastercard and ask whether the stock still has upside after a strong multi-year run, reflecting ongoing debate over valuation rather than a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Analyst roundups show mixed sentiment on AXP, which may limit conviction even as the stock trades near recent highs. Analysts Conflicted on These Financial Names: Suncorp Group (OtherSNMYF), Westpac Banking (OtherWEBNF) and American Express (AXP)
• Negative Sentiment: Some commentary suggests Mastercard may offer more upside than American Express, which could weigh on AXP by comparison as investors rotate toward faster-growing payments names. Mastercard vs. American Express: Which Stock Has More Upside Now?

American Express Price Performance

NYSE AXP opened at $338.86 on Friday. The stock’s 50-day moving average price is $318.70 and its two-hundred day moving average price is $335.13. 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 cap of $231.22 billion, a PE ratio of 21.14, a PEG ratio of 1.40 and a beta of 1.06. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49.

American Express (NYSE:AXP) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping the consensus estimate of $4.01 by $0.27. The company 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 business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the company posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts predict that American Express Company will post 17.65 EPS for the current year.

American Express Dividend Announcement

The company also recently declared 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. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is 23.71%.

Analyst Ratings Changes

AXP has been the topic of a number of research reports. Truist Financial dropped their target price on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Loop Capital initiated coverage on shares of American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price for the company. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a research report on Friday, April 10th. Weiss Ratings cut American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. cut their price objective 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. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $360.80.

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.