American Express Company

New York Stock Exchange
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Bullish +55

Broderick Brian C Has $3.50 Million Stock Position in American Express ...

📈 Broderick Brian C increased its American Express position by 16.9% in Q1, holding 11,580 shares valued at $3.5 million.

🏦 Norges Bank acquired a new stake worth $2.46 billion, while Capital World Investors boosted holdings by 46.7% to own $2.78 billion.

📊 JPMorgan Chase raised its price target to $400 and upgraded the rating to overweight in a July 13th note.

📉 American Express reported Q1 revenue of $14.21 billion, which missed analyst estimates of $18.60 billion despite an EPS beat.

💰 The company declared a quarterly dividend of $0.95 per share with an ex-dividend date of July 2nd and payment on August 10th.

📈 UBS raised its price target to $386 while maintaining a neutral rating in a recent report.

🔍 Freedom Capital upgraded American Express from a hold to a strong-buy rating in May.

📉 BTIG Research increased the price objective to $324 but issued a sell rating in late June.

📊 The stock trades at a P/E ratio of 22.17 with a market capitalization of $242.53 billion.

🎯 Analysts expect FY 2026 earnings per share to average $17.67, slightly above the company's guidance range.

Bullish Signals
  • Broderick Brian C increased its stake by 16.9% in Q1, adding 1,677 shares to a total holding of 11,580 shares.
  • Norges Bank acquired a new stake valued at $2.46 billion, signaling significant institutional interest.
  • Capital World Investors boosted its position by 46.7%, now owning 7.5 million shares worth $2.78 billion.
  • Bank of America increased its holdings by 7.7% to own nearly $2.9 billion in stock.
  • JPMorgan Chase upgraded the rating to overweight and raised the price target to $400.
  • UBS raised its price target to $386, indicating a higher valuation expectation despite a neutral rating.
  • Freedom Capital upgraded the stock to a strong-buy rating, reflecting positive analyst sentiment.
  • American Express beat earnings per share estimates with $4.28 reported versus $4.01 expected.
  • The company maintains a high return on equity of 33.95% and a net margin of 15.13%.
  • Jefferies Financial Group upgraded the rating to buy, adding to the bullish analyst consensus.
Risk Factors
  • American Express reported Q1 revenue of $14.21 billion, which significantly missed analyst estimates of $18.60 billion.
  • BTIG Research issued a sell rating and increased the price objective to $324 in late June.
  • The stock has a 12-month low of $288.34, indicating recent volatility or downward pressure.
  • FY 2026 guidance of $17.30-$17.90 EPS is slightly below the average analyst expectation of $17.67.
Full Analysis
Defense World Staff reports on recent institutional investor activity regarding American Express (NYSE: AXP), highlighting that Broderick Brian C increased its stake by 16.9% to hold 11,580 shares valued at $3.5 million in the first quarter. Other major funds also adjusted positions, with Norges Bank acquiring a new stake worth over $2.4 billion, Capital World Investors boosting holdings by 46.7%, and Bank of America increasing its position by 7.7% to own nearly $2.9 billion in shares. Analyst sentiment remains mixed but generally positive regarding the stock's valuation targets. UBS raised its price target to $386 with a neutral rating, while JPMorgan Chase upgraded its rating to overweight and set a target of $400. Freedom Capital switched to a strong-buy rating, and Jefferies Financial Group moved to a buy rating. The consensus average rating is Moderate Buy with a price target of $374.15. Financially, American Express reported Q1 earnings of $4.28 per share, beating estimates of $4.01, though revenue of $14.21 billion missed analyst expectations of $18.60 billion. The company maintains a strong balance sheet with a return on equity of 33.95% and a net margin of 15.13%. It has set FY 2026 guidance between $17.30 and $17.90 EPS, slightly below the average analyst expectation of $17.67. The stock currently trades at a market cap of $242.53 billion with a P/E ratio of 22.17. American Express recently declared a quarterly dividend of $0.95 per share, payable on August 10th to shareholders of record on July 2nd, representing an annualized yield of 1.1%. The company continues to operate as a global financial services provider focused on payment cards and travel services.