American Express (NYSE:AXP) had its price objective reduced by JPMorgan Chase & Co. from $385.00 to $375.00 in a research note published on Monday,Benzinga reports. They currently have a neutral rating on the payment services company’s stock.
Other equities research analysts have also recently issued reports about the company. Wolfe Research initiated coverage on American Express in a research report on Monday, December 8th. They set a “peer perform” rating on the stock. BTIG Research reaffirmed a “sell” rating and set a $328.00 target price on shares of American Express in a report on Monday. Evercore ISI set a $400.00 target price on shares of American Express in a research note on Tuesday, January 6th. Truist Financial boosted their price target on shares of American Express from $395.00 to $420.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Finally, HSBC set a $295.00 price target on shares of American Express and gave the stock a “hold” rating in a report on Friday, October 10th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Express presently has a consensus rating of “Hold” and a consensus price target of $352.59.
Get Our Latest Research Report on American Express
American Express Trading Up 0.2%
American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). The company had revenue of ($17,139.00) million for the quarter, compared to the consensus estimate of $18.91 billion. American Express had a net margin of 15.00% and a return on equity of 33.49%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts expect that American Express will post 15.33 EPS for the current year.
American Express Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be given a dividend of $0.82 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. American Express’s dividend payout ratio (DPR) is presently 21.31%.
Hedge Funds Weigh In On American Express
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nordea Investment Management AB lifted its position in American Express by 2.2% during the second quarter. Nordea Investment Management AB now owns 2,267,377 shares of the payment services company’s stock valued at $721,525,000 after purchasing an additional 49,593 shares in the last quarter. ZEGA Investments LLC bought a new position in shares of American Express in the third quarter worth about $1,080,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of American Express by 0.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company’s stock valued at $531,038,000 after buying an additional 4,080 shares in the last quarter. Dempze Nancy E grew its stake in shares of American Express by 210.2% during the 2nd quarter. Dempze Nancy E now owns 3,459 shares of the payment services company’s stock valued at $1,103,000 after acquiring an additional 2,344 shares during the period. Finally, Reliant Investment Management LLC increased its holdings in American Express by 1.9% in the 2nd quarter. Reliant Investment Management LLC now owns 26,189 shares of the payment services company’s stock worth $8,354,000 after acquiring an additional 480 shares in the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Truist trimmed its price target from $420 to $400 but kept a “buy” rating, signaling continued conviction in AmEx’s long-term earnings power and implying meaningful upside from current levels. Truist lowers AXP target but keeps buy
- Positive Sentiment: Analysis published by Kalkine notes AXP’s momentum appears stable on the NYSE Composite, which supports near-term resilience in the stock amid mixed headlines. Momentum looks stable
- Neutral Sentiment: JPMorgan lowered its price target from $385 to $375 and moved to a “neutral” rating — a modest pullback in upside expectations but not a dimming of the company’s core outlook. JPMorgan lowers AXP target
- Neutral Sentiment: A Benzinga piece summarizing analyst expectations outlines mixed views on AmEx’s medium-term growth drivers and consensus estimates; this keeps the stock sensitive to upcoming metric beats/misses (new accounts, spend trends). Analyst expectations for AXP
- Negative Sentiment: Benzinga reports that new card sign-ups have softened and an analyst reiterated a “sell” rating with a $328 target, citing weakening customer-acquisition momentum — a direct growth concern that pressured the stock. New card sign-ups losing steam
- Negative Sentiment: BTIG reaffirmed its “sell” stance with a $328 price target, reinforcing downside risk in some brokers’ view if growth/slowing account trends persist. BTIG reaffirms sell
- Negative Sentiment: Yahoo reports AmEx is weighing a move to 2 World Trade Center, which could increase long-term occupancy costs and signal higher fixed expenses; investors may view this as a potential near-term headwind to margins. Weighs 2 World Trade Center move
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.
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