Stenger Family Office LLC Increases Holdings in American Express Company $AXP

Stenger Family Office LLC increased its stake in American Express Company (NYSE:AXP) by 17.1% in the 1st quarter, HoldingsChannel reports. The fund owned 20,010 shares of the payment services company’s stock after acquiring an additional 2,925 shares during the period. American Express accounts for approximately 1.1% of Stenger Family Office LLC’s holdings, making the stock its 23rd largest holding. Stenger Family Office LLC’s holdings in American Express were worth $6,053,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Hudson Bay Capital Management LP lifted its stake in shares of American Express by 159.5% during the 3rd quarter. Hudson Bay Capital Management LP now owns 31,611 shares of the payment services company’s stock worth $10,500,000 after purchasing an additional 19,429 shares during the last quarter. Keybank National Association OH lifted its position in shares of American Express by 3.0% during the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after buying an additional 10,495 shares during the last quarter. Investment Research Partners LLC bought a new stake in shares of American Express in the 3rd quarter valued at about $1,573,000. Swiss Life Asset Management Ltd grew its position in shares of American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock worth $51,751,000 after buying an additional 35,533 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of American Express by 6.2% during the 4th quarter. Nordea Investment Management AB now owns 2,474,363 shares of the payment services company’s stock worth $920,710,000 after acquiring an additional 144,512 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

American Express News Roundup

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

• Positive Sentiment: UBS raised its price target on American Express to $386 from $340, implying meaningful upside from current levels, even while keeping a neutral stance. Benzinga report on UBS target hike
• Positive Sentiment: Barclays lifted its target to $364 from $322, reflecting improved expectations for AXP and signaling continued analyst confidence in the stock. Benzinga report on Barclays target hike
• Positive Sentiment: Other commentary highlighted solid spending growth, rising revenue, and expanding digital capabilities, suggesting American Express is still executing well operationally. Yahoo Finance article on American Express fundamentals
• Positive Sentiment: Several articles pointed to options-market activity that could indicate traders are positioning for a larger move in AXP, which may be supportive if sentiment turns positive. Yahoo Finance options market article
• Neutral Sentiment: TD Cowen also nudged its target higher to $338, but kept a hold rating, reinforcing a broadly cautious-but-not-bearish Street view. Benzinga report on TD Cowen target hike
• Negative Sentiment: Shares fell more than the broader market in the latest session, indicating investors are taking profits or rotating out despite the supportive analyst updates. Zacks market move article
• Negative Sentiment: Costco’s reported credit-card change could be a reminder of competitive and partnership risks in the card ecosystem, though the direct impact on American Express is unclear. TheStreet Costco credit card change article

Analyst Ratings Changes

Several equities research analysts have weighed in on AXP shares. Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research note on Friday, April 10th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. UBS Group boosted their target price on American Express from $340.00 to $386.00 and gave the stock a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. reduced their target price on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, The Goldman Sachs Group raised their price target on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $368.50.

American Express Trading Down 3.8%

NYSE:AXP opened at $336.29 on Thursday. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The firm has a fifty day simple moving average of $324.31 and a 200-day simple moving average of $332.29. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $229.46 billion, a P/E ratio of 20.98, a PEG ratio of 1.44 and a beta of 1.04.

American Express (NYSE:AXP) last released its earnings results 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 firm had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts anticipate that American Express Company will post 17.65 earnings per share for the current year.

American Express Announces Dividend

The company 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 1.1%. The ex-dividend date 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.