CenterBook Partners LP Buys 4,699 Shares of American Express Company $AXP

CenterBook Partners LP raised its stake in shares of American Express Company (NYSE:AXP) by 290.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,318 shares of the payment services company’s stock after purchasing an additional 4,699 shares during the period. CenterBook Partners LP’s holdings in American Express were worth $2,337,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. grew its holdings in American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management bought a new position in shares of American Express in the fourth quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of American Express in the third quarter worth about $28,000. Torren Management LLC bought a new position in American Express in the 4th quarter worth approximately $32,000. Finally, Entrust Financial LLC bought a new position in American Express in the 4th quarter worth approximately $41,000. Institutional investors own 84.33% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AXP shares. JPMorgan Chase & Co. dropped their price target on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Morgan Stanley dropped 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 research report on Thursday, April 16th. Barclays dropped their target price on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. The Goldman Sachs Group upped their target price on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, Truist Financial dropped their target price on shares of American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $359.05.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express management said card fee revenue is expected to accelerate in the second half of 2026, signaling stronger recurring revenue and better earnings visibility. American Express CFO sees card fee revenue picking up for remainder of 2026
• Positive Sentiment: Delta’s new SkyMiles card perks may support American Express’s co-branded card ecosystem by improving cardholder value, loyalty, and spending on AmEx-linked travel products. Delta Unveils New SkyMiles Card Perks to Boost Traveler Value
• Positive Sentiment: Recent commentary on American Express’s premium brand and appeal to millennials and Gen Z reinforces the company’s pricing power and long-term customer retention strategy. The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
• Neutral Sentiment: Several articles this week were conference transcripts or valuation/earnings roundups, which add context but do not appear to introduce a major new catalyst for the stock. American Express Company (AXP) Presents at Morgan Stanley US Financials Conference 2026 Transcript
• Neutral Sentiment: Analyst and valuation pieces suggest investors are still reassessing American Express after a recent pullback, but they do not point to a clear negative shock. A Look At American Express (AXP) Valuation After Recent Share Price Pullback And Mixed Returns

American Express Price Performance

Shares of American Express stock opened at $318.81 on Wednesday. The firm has a market cap of $217.53 billion, a PE ratio of 19.89, a PEG ratio of 1.27 and a beta of 1.06. American Express Company has a 12 month low of $286.15 and a 12 month high of $387.49. The stock has a 50 day moving average of $314.70 and a 200 day moving average of $336.51. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 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 company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts expect that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is presently 23.71%.

About American Express

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.