Concurrent Investment Advisors LLC Purchases 24,465 Shares of American Express Company $AXP

Key Points

• Concurrent Investment Advisors LLC increased its stake in American Express by 115.1%, buying 24,465 shares to bring its holding to 45,724 shares worth about $16.92 million at quarter-end.
• American Express reported Q1 earnings of $4.28 EPS, beating estimates of $4.01, and set FY2026 guidance of $17.30–$17.90 EPS, roughly in line with analyst expectations around $17.54.
• The company raised its quarterly dividend from $0.82 to $0.95 (annualized $3.80), implying a yield of about 1.2% and a payout ratio near 24.7%.

Concurrent Investment Advisors LLC grew its position in shares of American Express Company (NYSE:AXP - Free Report) by 115.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 45,724 shares of the payment services company's stock after acquiring an additional 24,465 shares during the quarter. Concurrent Investment Advisors LLC's holdings in American Express were worth $16,916,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC boosted its position in shares of American Express by 1.7% during the 3rd quarter. Fisher Asset Management LLC now owns 8,881,546 shares of the payment services company's stock valued at $2,950,095,000 after acquiring an additional 146,586 shares during the last quarter. Capital World Investors raised its holdings in American Express by 0.5% during the 3rd quarter. Capital World Investors now owns 5,122,335 shares of the payment services company's stock valued at $1,701,435,000 after buying an additional 24,297 shares during the period. Capital Research Global Investors raised its holdings in American Express by 0.7% during the 3rd quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company's stock valued at $1,479,019,000 after buying an additional 29,331 shares during the period. Ameriprise Financial Inc. raised its holdings in American Express by 27.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company's stock valued at $1,310,515,000 after buying an additional 845,283 shares during the period. Finally, Legal & General Group Plc raised its holdings in American Express by 2.4% during the 3rd quarter. Legal & General Group Plc now owns 3,483,876 shares of the payment services company's stock valued at $1,157,204,000 after buying an additional 83,189 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Evercore set a $393.00 price target on American Express in a report on Tuesday, February 10th. Credit Suisse Group set a $328.00 price target on American Express in a report on Monday, January 12th. Weiss Ratings lowered American Express from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, April 15th. Wells Fargo & Company decreased their price target on American Express from $425.00 to $415.00 and set an "overweight" rating on the stock in a report on Thursday, April 9th. Finally, UBS Group restated a "neutral" rating and set a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $361.05.

American Express Stock Performance

AXP stock opened at $314.08 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.65 and a debt-to-equity ratio of 1.73. The business's fifty day simple moving average is $313.64 and its two-hundred day simple moving average is $344.26. American Express Company has a twelve month low of $257.21 and a twelve month high of $387.49. The firm has a market cap of $215.39 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 1.34 and a beta of 1.13.

American Express (NYSE:AXP - Get Free Report) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping analysts' consensus estimates 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 $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same quarter last year, the firm posted $3.64 earnings per share. The business's revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts predict that American Express Company will post 17.54 earnings per share for the current year.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be paid a $0.95 dividend. The ex-dividend date is Thursday, April 2nd. This is a positive change from American Express's previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express's payout ratio is 24.69%.

Insider Transactions at American Express

In other news, insider Anna Marrs sold 27,425 shares of the firm's stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the transaction, the insider owned 20,394 shares in the company, valued at approximately $7,138,103.94. This trade represents a 57.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Denise Pickett sold 23,385 shares of the firm's stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the transaction, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. This represents a 75.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 73,944 shares of company stock worth $26,114,366. Corporate insiders own 0.14% of the company's stock.

Key American Express News

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

• Positive Sentiment: Q1 beat on profit and revenue — AXP reported EPS of $4.28, above estimates, and revenue roughly $18.9B with cardmember spending the strongest in three years; these fundamentals underpin long-term earnings power. American Express beats profit estimates (Reuters)
• Positive Sentiment: Premium customer strength — Amex is seeing accelerated luxury and travel spending from affluent and younger cardholders, supporting fee income and premium-product growth. Cardholder spending picks up (MarketWatch)
• Positive Sentiment: Strategic commercial wins — New partnerships (including the NFL deal) and product expansion are cited as drivers of revenue growth and customer engagement. NFL deal boosts revenue (Benzinga)
• Positive Sentiment: Bullish analyst move — Bank of America raised its price target to $387 and kept a buy rating, signaling upside from current levels for longer-term holders. BofA raises AXP PT (Benzinga)
• Neutral Sentiment: AI/product tie-ups — Amex is embedding Resy into Anthropic’s Claude in a product partnership that could enhance customer experience but is not an immediate earnings driver. Resy-Anthropic pact (Seeking Alpha)
• Neutral Sentiment: Mixed analyst commentary — Several outlets note AXP as a quality core holding (RBC) even as some firms debate relative upside vs. growth-oriented payments names; this leaves consensus views split. RBC view (Yahoo Finance)
• Negative Sentiment: Cautious FY2026 outlook — Management set EPS guidance of $17.30–$17.90, slightly below consensus, which traders interpreted as guidance conservatism and capped upside. Q1 beat but cautious outlook (Benzinga)
• Negative Sentiment: Higher investment and expense plans — Management flagged increased strategic spending (technology, marketing), which pressured near-term margins and contributed to the weak market reaction. Spending plans raise concern (Proactive Investors)
• Negative Sentiment: Bearish analyst moves — BTIG reaffirmed a sell rating with a $285 PT and JPMorgan previously trimmed its target; these calls add downward pressure and reduce near-term conviction. BTIG sell, JPMorgan cut (Benzinga/InsiderMonkey)
• Negative Sentiment: Macro/geopolitical caution — Middle East tensions and softer futures dampened overall market appetite for cyclicals, amplifying the stock’s decline despite good quarter-level results. Geopolitics weigh on markets (Zacks)

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.

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