Diversified Trust Co Grows Holdings in American Express Company $AXP

Diversified Trust Co grew its position in American Express Company (NYSE:AXP) by 12.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,956 shares of the payment services company’s stock after acquiring an additional 4,720 shares during the period. Diversified Trust Co’s holdings in American Express were worth $12,691,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of AXP. Norges Bank purchased a new stake in American Express during the 4th quarter worth approximately $2,464,215,000. Capital World Investors lifted its position in shares of American Express by 46.7% in the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock valued at $2,780,424,000 after acquiring an additional 2,393,340 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of American Express by 27.0% in the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after acquiring an additional 845,283 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of American Express by 7.7% in the fourth quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock worth $2,904,218,000 after acquiring an additional 558,533 shares during the last quarter. Finally, Amundi boosted its stake in shares of American Express by 23.9% in the third quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock worth $925,449,000 after acquiring an additional 537,205 shares during the last quarter. 84.33% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting 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?

Analyst Ratings Changes

Several research analysts recently commented on AXP shares. BTIG Research reissued a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Tuesday, June 16th. Evercore set a $345.00 target price on shares of American Express in a research note on Wednesday, April 29th. Weiss Ratings cut shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. DZ Bank raised shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a report on Thursday. Finally, Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. One investment 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $360.80.

American Express Stock Up 0.3%

Shares of AXP opened at $338.86 on Friday. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The stock has a fifty day simple moving average of $319.14 and a two-hundred day simple moving average of $335.16. The company has a market capitalization of $231.22 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 1.39 and a beta of 1.06.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter in the previous year, the company posted $3.64 EPS. The company’s 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, equities analysts forecast that American Express Company will post 17.64 EPS for the current year.

American Express Announces Dividend

The company 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 $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio 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.