Jones Financial Companies Lllp increased its stake in American Express Company (NYSE:AXP – Free Report) by 19.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,081 shares of the payment services company’s stock after acquiring an additional 14,100 shares during the period. Jones Financial Companies Lllp’s holdings in American Express were worth $29,730,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Arjuna Capital lifted its stake in American Express by 1.0% during the third quarter. Arjuna Capital now owns 7,191 shares of the payment services company’s stock worth $2,389,000 after purchasing an additional 68 shares during the last quarter. AXS Investments LLC bought a new position in shares of American Express during the 3rd quarter valued at about $175,000. Chung Wu Investment Group LLC raised its holdings in shares of American Express by 31.3% during the 3rd quarter. Chung Wu Investment Group LLC now owns 151 shares of the payment services company’s stock valued at $50,000 after buying an additional 36 shares in the last quarter. FDx Advisors Inc. lifted its position in American Express by 10.8% in the 3rd quarter. FDx Advisors Inc. now owns 874 shares of the payment services company’s stock worth $315,000 after buying an additional 85 shares during the last quarter. Finally, Lebenthal Global Advisors LLC boosted its stake in American Express by 13.1% in the third quarter. Lebenthal Global Advisors LLC now owns 7,212 shares of the payment services company’s stock worth $2,396,000 after buying an additional 836 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Key Headlines Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Truist cut its price target from $420 to $400 but kept a Buy rating, signaling continued conviction in AXP’s long‑term premium franchise. Truist Lowers PT to $400, Keeps Buy
- Positive Sentiment: Coverage noting that AXP helps broaden payment reach on major indexes and that momentum appears stable supports the view that the core merchant and premium-card businesses remain resilient. Does American Express Strengthen Dow Jones Payment Reach
- Neutral Sentiment: JPMorgan trimmed its target to $375 and moved to Neutral, reflecting more cautious near-term expectations but not a full sell signal.
- Neutral Sentiment: Coverage highlighting analyst disagreement (TipRanks) and published analyst-expectation pieces underline mixed market sentiment rather than a single consensus view. Analysts Conflicted on These Financial Names
- Negative Sentiment: A Benzinga report flagged that new card sign‑ups have slowed and maintained a Sell view, a direct growth concern for AXP’s future customer acquisition and spending trends. American Express Stumbles As New Card Sign‑Ups Lose Steam
- Negative Sentiment: BTIG reaffirmed a Sell rating with a $328 target, and other firms have trimmed targets — these analyst pressures create near‑term downside risk to the share price.
- Negative Sentiment: Operational/cost scrutiny: reporting that AXP is weighing a move to 2 World Trade Center and the associated long‑term costs adds investor focus on expense and capital allocation. American Express Weighs 2 World Trade Center Move
Analysts Set New Price Targets
Get Our Latest Stock Analysis on American Express
American Express Stock Down 0.8%
Shares of NYSE:AXP opened at $349.90 on Wednesday. American Express Company has a 1 year low of $220.43 and a 1 year high of $387.49. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.68 and a quick ratio of 1.66. The stock’s 50-day moving average is $369.07 and its 200 day moving average is $344.61. The company has a market cap of $241.03 billion, a PE ratio of 22.74, a P/E/G ratio of 1.48 and a beta of 1.14.
American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million during the quarter, compared to the consensus estimate of $18.91 billion. During the same quarter in the prior year, the business posted $3.04 earnings per share. American Express’s quarterly revenue was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts anticipate that American Express Company will post 15.33 EPS for the current year.
American Express Announces Dividend
The business also recently disclosed 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. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. American Express’s payout ratio is presently 21.31%.
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.
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