Taylor Securities Services Inc. Makes New $1.07 Million Investment in American Express Company $AXP

Taylor Securities Services Inc. purchased a new position in American Express Company (NYSE:AXP) in the fourth quarter, Holdings Channel reports. The fund purchased 2,882 shares of the payment services company’s stock, valued at approximately $1,066,000. American Express makes up about 0.5% of Taylor Securities Services Inc.’s holdings, making the stock its 21st biggest holding.

Several other large investors also recently made changes to their positions in AXP. Norges Bank bought a new position in shares of American Express in the 4th quarter valued at approximately $2,464,215,000. Capital World Investors boosted its position in 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 during the period. Ameriprise Financial Inc. grew its holdings in American Express by 27.0% during the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after purchasing an additional 845,283 shares during the last quarter. Bank of America Corp DE raised its position in shares of American Express by 7.7% in the fourth quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock valued at $2,904,218,000 after purchasing an additional 558,533 shares during the period. Finally, Amundi raised its position in shares of American Express by 23.9% in the third quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock valued at $925,449,000 after purchasing an additional 537,205 shares during the period. Institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: American Express signed a multiyear payments deal with the NFL, a move that could strengthen customer loyalty and support its premium card value proposition. American Express Just Signed a Multiyear Payments Deal With the NFL. Here’s the Bigger Play.
• Positive Sentiment: DZ Bank upgraded American Express from hold to buy and set a $375 price target, signaling confidence in further upside. American Express upgrade by DZ Bank AG
• Positive Sentiment: Technical commentary says AXP is breaking out above resistance, which may be attracting momentum-oriented investors. American Express Stock Is Powering the Financial Sector to a Fresh Breakout
• Neutral Sentiment: Additional articles highlighted investor interest in American Express and asked whether the stock still has upside after a strong multiyear run, but did not provide a clear new catalyst. American Express (AXP) Stock After 5-Year 118% Gain Is There Still Upside Potential
• Neutral Sentiment: Some analysts remain conflicted on AXP, and a comparison piece suggested Mastercard may have more upside, tempering the bullish case somewhat. Mastercard vs. American Express: Which Stock Has More Upside Now?

American Express Price Performance

Shares of American Express stock opened at $338.86 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a fifty-two week low of $288.34 and a fifty-two week high of $387.49. The firm has a fifty day moving average price of $319.14 and a two-hundred day moving average price of $335.16. The company has a market cap of $231.22 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 1.39 and a beta of 1.06.

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, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express Company will post 17.65 EPS for the current year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be issued a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio is 23.71%.

Analysts Set New Price Targets

Several research firms recently issued reports on AXP. The Goldman Sachs Group upped their price objective on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Evercore set a $345.00 target price on shares of American Express in a research report on Wednesday, April 29th. Loop Capital initiated coverage on American Express in a research report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target on the stock. Royal Bank Of Canada set a $415.00 price objective on American Express in a research note on Friday, April 10th. Finally, BTIG Research reissued a “sell” rating and set a $285.00 price objective on shares of American Express in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $360.80.

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.