Morningstar Investment Management LLC Trims Holdings in American Express Company $AXP

Morningstar Investment Management LLC trimmed its position in American Express Company (NYSE:AXP) by 26.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 20,656 shares of the payment services company’s stock after selling 7,334 shares during the period. Morningstar Investment Management LLC’s holdings in American Express were worth $6,248,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GC Wealth Management RIA LLC grew its stake in American Express by 1.3% during the first quarter. GC Wealth Management RIA LLC now owns 9,144 shares of the payment services company’s stock valued at $2,766,000 after acquiring an additional 113 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in American Express by 0.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 220,964 shares of the payment services company’s stock worth $66,837,000 after acquiring an additional 585 shares during the period. Compound Planning Inc. lifted its stake in American Express by 8.5% in the 1st quarter. Compound Planning Inc. now owns 10,674 shares of the payment services company’s stock worth $3,229,000 after purchasing an additional 832 shares in the last quarter. Modern Wealth Management LLC lifted its stake in American Express by 4.4% in the 1st quarter. Modern Wealth Management LLC now owns 47,475 shares of the payment services company’s stock worth $14,311,000 after purchasing an additional 1,999 shares in the last quarter. Finally, Keebeck Wealth Management boosted its holdings in American Express by 4.4% in the 1st quarter. Keebeck Wealth Management now owns 1,687 shares of the payment services company’s stock valued at $510,000 after purchasing an additional 71 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AXP has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered shares of American Express from a “moderate buy” rating to a “hold” rating in a research report on Monday, July 13th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Wells Fargo & Company dropped their price objective on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Evercore began coverage on American Express in a research report on Monday, July 13th. They set a “neutral” rating for the company. Finally, Piper Sandler lowered American Express from an “overweight” rating to a “hold” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, American Express presently has a consensus rating of “Moderate Buy” and a consensus price target of $374.11.

American Express News Roundup

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

• Positive Sentiment: American Express beat Q2 EPS estimates with $4.53 per share and reported 10% year-over-year revenue growth, showing resilient demand from cardmembers. AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
• Positive Sentiment: The company raised its 2026 revenue growth forecast and guided full-year EPS to $17.30-$17.90, signaling confidence that premium card spending on travel and dining remains strong. American Express Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Management said cardmember spending stayed healthy, with strong travel and entertainment demand and continued strength among affluent customers, which supports revenue momentum. American Express Sales, Profit Rise on Higher Card Member Spending
• Neutral Sentiment: Analysts and market commentary suggest the stock reaction is being driven by an earnings-quality debate: investors liked the beat, but the market is questioning whether growth can continue while expenses rise. Why American Express Stock Fell 6.5% Friday Morning
• Negative Sentiment: Revenue came in below some Wall Street expectations, and reports highlighted softer net interest income and rising operating costs, which helped trigger selling despite the profit beat. American Express shares slip despite earnings beat as revenue falls short of forecasts

American Express Price Performance

Shares of NYSE:AXP opened at $325.86 on Friday. The company’s fifty day moving average price is $332.50 and its 200-day moving average price is $330.33. 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 firm has a market capitalization of $222.34 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 1.37 and a beta of 1.04. American Express Company has a one year low of $288.34 and a one year high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same period in the previous year, the firm posted $4.08 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts anticipate that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio (DPR) 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.