Moran Wealth Management LLC Decreases Stock Holdings in American Express Company $AXP

Moran Wealth Management LLC lowered its position in shares of American Express Company (NYSE:AXP) by 4.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,097 shares of the payment services company’s stock after selling 2,827 shares during the period. Moran Wealth Management LLC’s holdings in American Express were worth $17,573,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hudson Bay Capital Management LP lifted its position in American Express by 159.5% during the third quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock valued at $10,500,000 after buying an additional 19,429 shares during the period. Keybank National Association OH grew its position in shares of American Express by 3.0% in the 4th quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock worth $132,909,000 after buying an additional 10,495 shares during the period. Investment Research Partners LLC bought a new position in shares of American Express in the 3rd quarter worth about $1,573,000. Swiss Life Asset Management Ltd increased its stake in shares of American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock worth $51,751,000 after acquiring an additional 35,533 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in American Express by 6.2% during the 4th quarter. Nordea Investment Management AB now owns 2,474,363 shares of the payment services company’s stock valued at $920,710,000 after acquiring an additional 144,512 shares during the period. Institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AXP. Loop Capital initiated coverage on shares of American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price objective on the stock. BTIG Research raised their target price on shares of American Express from $285.00 to $324.00 and gave the company a “sell” rating in a research note on Tuesday. DZ Bank upgraded 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, June 18th. JPMorgan Chase & Co. dropped their price target on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Wells Fargo & Company cut their price target on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $366.95.

American Express News Summary

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

• Positive Sentiment: American Express was highlighted in multiple articles as an attractive value and momentum stock, with Zacks and other outlets pointing to strong earnings/price momentum and undervaluation versus peers. Article Title
• Positive Sentiment: News that American Express is expanding its premium-card ecosystem beyond airports and into festivals and sporting events reinforces its appeal to affluent customers who generate high spending and fee revenue. Article Title
• Positive Sentiment: Tripadvisor said it will sell TheFork to American Express for $700 million in cash, a deal that suggests AmEx is still actively investing to broaden its travel and membership offerings. Article Title
• Neutral Sentiment: Several articles focused on valuation comparisons and sector commentary rather than a direct company-specific catalyst, including comparisons of AXP versus Intercorp Financial Services and Mastercard. Article Title
• Neutral Sentiment: American Express is approaching its next earnings report, with Wall Street expecting mid-single-digit EPS growth; this keeps attention on fundamentals but does not yet provide a new earnings result. Article Title
• Negative Sentiment: One analysis argued Mastercard may be the safer choice because it has more fee-based, risk-light economics, implicitly reminding investors that American Express carries more credit exposure and sensitivity to consumer health. Article Title

American Express Stock Performance

Shares of AXP stock opened at $351.66 on Friday. The company has a market capitalization of $239.95 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 1.45 and a beta of 1.04. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express Company has a one year low of $288.34 and a one year high of $387.49. The company’s 50-day moving average is $322.50 and its 200 day moving average is $333.27.

American Express (NYSE:AXP) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping 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 business had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the company earned $3.64 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts expect that American Express Company will post 17.65 EPS 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 $0.95 dividend. 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 dividend payout ratio is 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.