BI Asset Management Fondsmaeglerselskab A S Sells 31,180 Shares of American Express Company $AXP

Key Points

• BI Asset Management Fondsmaeglerselskab A S cut its American Express stake by 37.1% in the first quarter, selling 31,180 shares and leaving it with 52,876 shares valued at about $15.99 million.
• American Express reported better-than-expected quarterly earnings of $4.28 per share, though revenue of $14.21 billion came in below consensus; the company also guided FY 2026 EPS to 17.3–17.9.
• The company declared a quarterly dividend of $0.95 per share, payable August 10, and analysts currently have a consensus rating of Hold with a $360.80 price target.

BI Asset Management Fondsmaeglerselskab A S lowered its stake in shares of American Express Company (NYSE:AXP) by 37.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,876 shares of the payment services company's stock after selling 31,180 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in American Express were worth $15,994,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Asset Advisory Services LLC raised its position in shares of American Express by 2.4% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company's stock worth $465,000 after acquiring an additional 28 shares in the last quarter. Lantz Financial LLC boosted its position in American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company's stock valued at $299,000 after purchasing an additional 28 shares in the last quarter. Financial Management Network Inc. grew its stake in American Express by 0.8% in the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company's stock valued at $1,394,000 after purchasing an additional 29 shares during the last quarter. Central Bank & Trust Co. grew its stake in American Express by 1.1% in the fourth quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company's stock valued at $969,000 after purchasing an additional 29 shares during the last quarter. Finally, Burns J W & Co. Inc. NY raised its holdings in American Express by 2.1% in the fourth quarter. Burns J W & Co. Inc. NY now owns 1,400 shares of the payment services company's stock worth $518,000 after purchasing an additional 29 shares in the last quarter. Institutional investors own 84.33% of the company's stock.

American Express Trading Up 0.3%

American Express stock opened at $338.86 on Friday. The stock has a 50-day moving average of $319.14 and a two-hundred day moving average of $335.16. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express Company has a one year low of $288.34 and a one year high of $387.49. The stock 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 - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same quarter last year, the company earned $3.64 earnings per share. The company's quarterly revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts anticipate that American Express Company will post 17.64 EPS for the current fiscal year.

American Express Dividend Announcement

The business 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 is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. American Express's dividend payout ratio (DPR) is 23.71%.

Analyst Ratings Changes

Several analysts have commented on AXP shares. Royal Bank Of Canada set a $415.00 price target on shares of American Express in a research report on Friday, April 10th. JPMorgan Chase & Co. reduced their price objective on shares of American Express from $375.00 to $325.00 and set a "neutral" rating for the company in a research note on Thursday, April 9th. Bank of America boosted their price objective on shares of American Express from $381.00 to $387.00 and gave the stock a "buy" rating in a research note on Friday, April 24th. Barclays decreased 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. Finally, Wells Fargo & Company lowered their target price on shares of American Express from $425.00 to $415.00 and set an "overweight" rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, American Express currently has a consensus rating of "Hold" and a consensus price target of $360.80.

Key American Express News

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 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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