Stenger Family Office LLC Acquires 2,925 Shares of American Express Company $AXP

Stenger Family Office LLC lifted its stake in American Express Company (NYSE:AXP) by 17.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,010 shares of the payment services company’s stock after purchasing an additional 2,925 shares during the period. American Express accounts for approximately 1.1% of Stenger Family Office LLC’s holdings, making the stock its 23rd largest position. Stenger Family Office LLC’s holdings in American Express were worth $6,053,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Arbor Trust Wealth Advisors LLC grew its holdings in American Express by 7.2% during the first quarter. Arbor Trust Wealth Advisors LLC now owns 1,947 shares of the payment services company’s stock valued at $589,000 after purchasing an additional 130 shares during the period. Marino Stram & Associates LLC increased its position in American Express by 1.9% in the first quarter. Marino Stram & Associates LLC now owns 2,630 shares of the payment services company’s stock worth $796,000 after buying an additional 48 shares in the last quarter. Duncker Streett & Co. Inc. raised its stake in shares of American Express by 15.7% in the first quarter. Duncker Streett & Co. Inc. now owns 3,686 shares of the payment services company’s stock worth $1,115,000 after buying an additional 500 shares during the period. Renasant Bank lifted its position in shares of American Express by 14.0% during the 1st quarter. Renasant Bank now owns 833 shares of the payment services company’s stock valued at $252,000 after buying an additional 102 shares in the last quarter. Finally, WealthPLAN Partners LLC lifted its position in shares of American Express by 14.3% during the 1st quarter. WealthPLAN Partners LLC now owns 1,025 shares of the payment services company’s stock valued at $310,000 after buying an additional 128 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AXP shares. Morgan Stanley reduced their target price on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. TD Cowen upped their price target on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research report on Tuesday. Bank of America increased their price objective on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. decreased their price objective on shares of 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, Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, American Express currently has a consensus rating of “Hold” and a consensus target price of $368.50.

Trending Headlines about American Express

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

• Positive Sentiment: UBS raised its price target on American Express to $386 from $340, implying meaningful upside from current levels, even while keeping a neutral stance. Benzinga report on UBS target hike
• Positive Sentiment: Barclays lifted its target to $364 from $322, reflecting improved expectations for AXP and signaling continued analyst confidence in the stock. Benzinga report on Barclays target hike
• Positive Sentiment: Other commentary highlighted solid spending growth, rising revenue, and expanding digital capabilities, suggesting American Express is still executing well operationally. Yahoo Finance article on American Express fundamentals
• Positive Sentiment: Several articles pointed to options-market activity that could indicate traders are positioning for a larger move in AXP, which may be supportive if sentiment turns positive. Yahoo Finance options market article
• Neutral Sentiment: TD Cowen also nudged its target higher to $338, but kept a hold rating, reinforcing a broadly cautious-but-not-bearish Street view. Benzinga report on TD Cowen target hike
• Negative Sentiment: Shares fell more than the broader market in the latest session, indicating investors are taking profits or rotating out despite the supportive analyst updates. Zacks market move article
• Negative Sentiment: Costco’s reported credit-card change could be a reminder of competitive and partnership risks in the card ecosystem, though the direct impact on American Express is unclear. TheStreet Costco credit card change article

American Express Trading Down 3.8%

Shares of AXP stock opened at $336.29 on Thursday. 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 stock has a market capitalization of $229.46 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 1.44 and a beta of 1.04. 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 $324.31 and its 200-day moving average price is $332.29.

American Express (NYSE:AXP) last announced its quarterly 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. The company had revenue of $14.21 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts predict that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, July 2nd. American Express’s dividend payout ratio is currently 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.