Taylor Securities Services Inc. Purchases Shares of 2,882 American Express Company $AXP

Taylor Securities Services Inc. acquired a new stake in shares of American Express Company (NYSE:AXP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,882 shares of the payment services company’s stock, valued at approximately $1,066,000. American Express comprises about 0.5% of Taylor Securities Services Inc.’s portfolio, making the stock its 21st largest holding.

Several other large investors have also modified their holdings of AXP. AG Campbell Advisory LLC acquired a new stake in American Express during the 4th quarter worth about $3,912,000. Pure Financial Advisors LLC boosted its holdings in shares of American Express by 6.3% in the fourth quarter. Pure Financial Advisors LLC now owns 3,722 shares of the payment services company’s stock worth $1,377,000 after buying an additional 220 shares during the period. SHP Wealth Management purchased a new position in shares of American Express in the fourth quarter worth approximately $250,000. Stenger Family Office LLC increased its position in shares of American Express by 45.9% in the fourth quarter. Stenger Family Office LLC now owns 17,085 shares of the payment services company’s stock worth $6,321,000 after acquiring an additional 5,372 shares in the last quarter. Finally, Midway Capital Research & Management acquired a new stake in shares of American Express during the fourth quarter valued at approximately $634,000. 84.33% of the stock is owned by institutional investors.

Trending Headlines about American Express

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

• Positive Sentiment: American Express signed a multiyear payments deal with the NFL, a move that could strengthen customer loyalty and support its premium card value proposition. American Express Just Signed a Multiyear Payments Deal With the NFL. Here’s the Bigger Play.
• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, signaling confidence in further upside. American Express upgrade by DZ Bank AG
• Positive Sentiment: Technical commentary says AXP is breaking out above resistance, which may be attracting momentum-oriented investors. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Neutral Sentiment: Additional articles highlighted investor interest in American Express and asked whether the stock still has upside after a strong multiyear run, but did not provide a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Some analysts remain conflicted on AXP, and a comparison piece suggested Mastercard may have more upside, tempering the bullish case somewhat. Mastercard vs. American Express: Which Stock Has More Upside Now?

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AXP. Evercore set a $345.00 price target on shares of American Express in a research report on Wednesday, April 29th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. BTIG Research reissued a “sell” rating and set a $285.00 price target on shares of American Express in a research report on Tuesday. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price objective for the company. Finally, JPMorgan Chase & Co. decreased 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 analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $360.80.

American Express Price Performance

Shares of NYSE:AXP opened at $338.86 on Friday. The firm has a market cap of $231.22 billion, a price-to-earnings ratio of 21.14, a P/E/G ratio of 1.39 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. 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 business has a fifty day simple moving average of $319.14 and a 200 day simple moving average of $335.16.

American Express (NYSE:AXP) last issued its earnings results 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 $14.21 billion for the quarter, compared to the consensus estimate of $18.60 billion. During the same quarter in the previous year, the company posted $3.64 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

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

American Express Company 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.