American Express (NYSE:AXP) had its target price lowered by JPMorgan Chase & Co. from $375.00 to $325.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the payment services company’s stock.
Several other research firms have also weighed in on AXP. BTIG Research dropped their price objective on shares of American Express from $328.00 to $285.00 and set a “sell” rating for the company in a report on Monday, March 16th. UBS Group reaffirmed a “neutral” rating and set a $395.00 price objective on shares of American Express in a report on Wednesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $420.00 price objective on shares of American Express in a report on Tuesday, January 6th. Morgan Stanley set a $395.00 price objective on shares of American Express in a report on Tuesday, January 20th. Finally, TD Cowen reaffirmed a “hold” rating on shares of American Express in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $351.20.
Check Out Our Latest Research Report on American Express
American Express Stock Performance
American Express (NYSE:AXP – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.54 by ($0.01). The firm had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business posted $3.04 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts anticipate that American Express will post 15.33 earnings per share for the current fiscal year.
American Express Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be paid a $0.95 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This is a boost from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s payout ratio is 24.69%.
Insider Buying and Selling at American Express
In other American Express news, insider Howard Grosfield sold 8,134 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the transaction, the insider directly owned 9,433 shares of the company’s stock, valued at approximately $3,270,704.09. This trade represents a 46.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Anna Marrs sold 27,425 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the completion of the transaction, the insider directly owned 20,394 shares in the company, valued at approximately $7,138,103.94. The trade was a 57.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 73,944 shares of company stock valued at $26,114,366 in the last three months. Insiders own 0.20% of the company’s stock.
Hedge Funds Weigh In On American Express
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp boosted its stake in American Express by 1.3% in the fourth quarter. State Street Corp now owns 29,464,868 shares of the payment services company’s stock valued at $10,900,528,000 after acquiring an additional 369,967 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of American Express by 1.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company’s stock worth $3,338,238,000 after purchasing an additional 141,936 shares in the last quarter. Bank of America Corp DE boosted its position in shares of American Express by 7.7% during 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 purchasing an additional 558,533 shares in the last quarter. Capital World Investors boosted its position in shares of American Express by 46.7% during the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after purchasing an additional 2,393,340 shares in the last quarter. Finally, Norges Bank bought a new position in shares of American Express during the fourth quarter worth $2,464,215,000. 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: Zacks highlights AXP for earnings growth and price strength, naming it a stock to watch — a momentum/earnings-based endorsement that can attract investors. Earnings Growth & Price Strength Make American Express (AXP) a Stock to Watch
- Positive Sentiment: Seasonality study (Benzinga) points to a historical April–June lift for AXP, with a recurring mid‑April buy signal — this creates a short-term technical tailwind for traders. American Express Has A Spring Pattern: History Says April 14 Is The Buy Signal
- Neutral Sentiment: Kalkine reports AXP tracking valuation metrics within the S&P 500 — useful context on relative valuation but not an immediate catalyst. American Express (NYSE:AXP) Tracks Valuation Metrics Within S&P 500 Chart
- Neutral Sentiment: Visa’s push on AI-driven commerce (Intelligent Commerce Connect) is industry‑level news — potential longer‑term competitive pressure, but not an immediate earnings shock to AXP. How Can Visa’s Intelligent Commerce Connect Power AI Agents?
- Neutral Sentiment: MarketBeat / newsletter pieces discuss sector picks and analyst commentary that may shift investor interest into/away from financials; informative but not a direct catalyst. 3 Sectors to Buy While They’re Down and 1 to Walk Away From
- Neutral Sentiment: Globe and Mail roundup and Delta’s strong Q1 revenue both add macro/sector color — Delta’s travel strength supports consumer spend trends that benefit card issuers like Amex. Analysts Offer Insights on Financial Companies: MSCI (MSCI) and American Express (AXP)
- Negative Sentiment: Wells Fargo lowered its AXP price target from $425 to $415 while keeping an Overweight rating — a modest negative signal that trims upside expectations. Wells Fargo Lowers AXP Target, Says Consumer Trends Remain Resilient
- Negative Sentiment: JPMorgan cut its price target sharply (reported from $375 to $325) and moved to a Neutral rating — this is the largest near-term negative catalyst and likely the main driver of selling pressure. American Express price target cut coverage
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.
Further Reading
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