TFR Capital LLC. purchased a new stake in shares of American Express Company (NYSE:AXP – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,902 shares of the payment services company’s stock, valued at approximately $643,000.
A number of other large investors have also made changes to their positions in AXP. Brighton Jones LLC grew its stake in shares of American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC grew its stake in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after purchasing an additional 200 shares during the period. Schnieders Capital Management LLC. bought a new stake in shares of American Express during the 2nd quarter valued at about $428,000. Howland Capital Management LLC grew its stake in shares of American Express by 4.2% during the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock valued at $707,000 after purchasing an additional 90 shares during the period. Finally, HUB Investment Partners LLC grew its stake in shares of American Express by 19.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after acquiring an additional 481 shares during the period. 84.33% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on AXP. Evercore set a $370.00 price objective on American Express in a research note on Monday, July 27th. Truist Financial boosted their price objective on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. HSBC boosted their price objective on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Guggenheim assumed coverage on American Express in a research note on Monday, July 13th. They set a “buy” rating for the company. Finally, BTIG Research lowered their price target on American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $373.32.
American Express Price Performance
NYSE AXP traded up $1.38 during trading hours on Wednesday, reaching $339.90. The company’s stock had a trading volume of 2,538,525 shares, compared to its average volume of 3,294,725. The company has a market capitalization of $229.54 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.38 and a beta of 1.04. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49. The firm’s 50-day moving average price is $342.20 and its 200-day moving average price is $327.04. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66.
American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings data 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 $19.64 billion for the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts predict that American Express Company will post 17.67 EPS for the current fiscal year.
American Express Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s dividend payout ratio is 23.06%.
American Express News Summary
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Expanded corporate payments capabilities: American Express is embedding virtual cards more deeply into its U.S. commercial-payment tools, including the @ Work platform and Conferma for business travel. The strategy could improve security, simplify expense management and increase customer retention, strengthening Amex’s competitive position in premium corporate payments. Is American Express’ Expanded Virtual Cards Strategy Deepening Its Corporate Moat in Premium Payments?
- Positive Sentiment: New St Andrews partnership: American Express became the official payments partner of St Andrews Links, expanding its sports and lifestyle marketing platform. The agreement may support international brand visibility, card-member engagement and premium travel-related spending, though the near-term financial impact is likely limited. American Express and St Andrews Links Trust Announce Partnership
- Positive Sentiment: Premium-card momentum and younger customers: A profile of CEO Steve Squeri highlights Amex’s success attracting millennials and Generation Z to high-fee products such as the Platinum card. Continued acceptance of premium annual fees would support spending growth, fee revenue and the company’s long-term brand positioning. The American Express CEO Defied Haters
- Neutral Sentiment: Upcoming investor presentation: Management will participate in the Barclays Global Financial Services Conference on September 16. Investors may receive updated commentary on spending trends, credit quality and 2026 guidance, but no new information was announced today. American Express to Participate in Barclays Global Financial Services Conference
- Neutral Sentiment: Limited indirect items: American Express is included among the holdings of US Financial 15 Split Corp., while Berkshire Hathaway’s portfolio is becoming more concentrated in Dow components. These developments offer little direct information about AXP’s fundamentals or valuation.
American Express Company 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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