Dempze Nancy E Has $2.96 Million Holdings in American Express Company $AXP

Dempze Nancy E grew its holdings in American Express Company (NYSE:AXP) by 22.2% during the 1st quarter, Holdings Channel reports. The firm owned 9,789 shares of the payment services company’s stock after purchasing an additional 1,778 shares during the period. American Express makes up approximately 1.6% of Dempze Nancy E’s portfolio, making the stock its 24th biggest position. Dempze Nancy E’s holdings in American Express were worth $2,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AXP. Keybank National Association OH increased its stake in American Express by 3.0% in 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 purchasing an additional 10,495 shares in the last quarter. Swiss Life Asset Management Ltd grew its holdings 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 valued at $51,751,000 after buying an additional 35,533 shares during the period. Country Trust Bank increased its holdings in shares of American Express by 14.0% in the fourth quarter. Country Trust Bank now owns 121,774 shares of the payment services company’s stock worth $45,050,000 after acquiring an additional 14,931 shares in the last quarter. Peapack Gladstone Financial Corp raised its position in shares of American Express by 6.2% during the fourth quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock worth $24,416,000 after purchasing an additional 3,855 shares during the period. Finally, Thames Capital Management LLC lifted its holdings in shares of American Express by 189.6% during the 4th quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company’s stock valued at $29,767,000 after purchasing an additional 52,679 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

American Express Price Performance

Shares of NYSE AXP opened at $325.86 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. The business has a 50-day moving average of $332.50 and a 200-day moving average of $330.33. The stock has a market capitalization of $222.34 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 1.37 and a beta of 1.04. American Express Company has a fifty-two week low of $288.34 and a fifty-two week high of $387.49.

American Express (NYSE:AXPGet Free Report) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.American Express’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

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

More American Express News

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Evercore assumed coverage on shares of American Express in a research note on Monday, July 13th. They issued a “neutral” rating on the stock. Barclays upped their price target on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a report on Tuesday, July 7th. HSBC raised their price objective on shares of American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Finally, Piper Sandler cut American Express from an “overweight” rating to a “hold” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $374.11.

Check Out Our Latest Stock Analysis on AXP

About American Express

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Express Company (NYSE:AXPFree Report).

Institutional Ownership by Quarter for American Express (NYSE:AXP)

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