Unio Capital LLC Buys Shares of 48,725 American Express Company $AXP

Unio Capital LLC bought a new stake in American Express Company (NYSE:AXP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 48,725 shares of the payment services company’s stock, valued at approximately $18,026,000. American Express makes up 3.4% of Unio Capital LLC’s investment portfolio, making the stock its 15th biggest holding.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Barclays cut their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Evercore set a $345.00 price objective on American Express in a report on Wednesday, April 29th. Weiss Ratings downgraded American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Bank of America raised their price objective on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Morgan Stanley cut their price objective on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, American Express has a consensus rating of “Hold” and a consensus price target of $359.05.

Get Our Latest Research Report on American Express

American Express Stock Up 1.7%

Shares of AXP opened at $341.06 on Wednesday. The company has a market capitalization of $232.72 billion, a PE ratio of 21.28, a PEG ratio of 1.36 and a beta of 1.06. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The stock’s 50-day moving average price is $317.35 and its two-hundred day moving average price is $335.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXPGet Free Report) 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 firm had revenue of $14.22 billion for 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 business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts anticipate that American Express Company will post 17.59 EPS for the current year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s payout ratio is presently 23.71%.

Key American Express News

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

American Express Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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