Titiun Yejiel bought a new stake in American Express Company (NYSE:AXP) during the second quarter, Holdings Channel reports. The institutional investor bought 17,231 shares of the payment services company’s stock, valued at approximately $5,828,000. American Express accounts for 5.1% of Titiun Yejiel’s holdings, making the stock its 5th largest holding.
Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. grew its position in American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management purchased a new stake in American Express in the 4th quarter worth approximately $26,000. Sfam LLC purchased a new stake in American Express in the 4th quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the 4th quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express during the 3rd quarter valued at $28,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on AXP shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. Truist Financial lifted their price objective on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Guggenheim began coverage on American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. UBS Group dropped their target price on American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Finally, Barclays raised their price target on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $373.32.
American Express News Summary
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Expanded virtual-card capabilities: AXP is making American Express Virtual Cards available through its @ Work platform for U.S. corporate customers. The products offer adjustable spending limits, enhanced fraud protection and easier expense management, potentially increasing commercial-payment volumes and customer retention. American Express expands virtual cards for US commercial customers
- Positive Sentiment: Premium travel ecosystem strengthened: American Express added 350 luxury hotels across 116 countries to the Platinum Card travel program. More curated booking options could improve the value proposition of its premium cards, support spending and help justify annual fees. American Express adds 350 luxury hotels to Platinum Card travel program
- Positive Sentiment: Evidence of loyalty-driven spending: United Airlines’ results highlighted how American Express perks can help capture premium travel spending, even without a United co-branded card. The example supports AXP’s broader strategy of using travel benefits and partnerships to attract affluent customers. Popular legacy airline captures premium spend because of American Express perks
- Positive Sentiment: Constructive analyst outlook: Piper Sandler forecast meaningful appreciation potential for AXP shares, providing a positive signal following the company’s recent earnings beat and continued revenue growth. Piper Sandler Forecasts Strong Price Appreciation for American Express Stock
- Neutral Sentiment: Capital structure update: AXP issued Series E preferred shares and announced full redemption of Series D preferred shares. The move may improve funding flexibility, but it also adds preferred financing obligations and has limited direct impact on common-share earnings. American Express Issues New Series E Preferred Shares
- Neutral Sentiment: Mixed analyst sentiment: Coverage of AXP showed differing views, suggesting valuation and expectations remain areas of debate despite the company’s strong operating trends. Analysts Have Conflicting Sentiments on American Express
American Express Stock Performance
AXP stock opened at $342.27 on Monday. The firm has a 50 day moving average of $341.33 and a two-hundred day moving average of $327.33. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a market capitalization of $231.14 billion, a price-to-earnings ratio of 20.77, a P/E/G ratio of 1.38 and a beta of 1.04. 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 released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter last year, the firm earned $4.08 EPS. American Express’s revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts anticipate that American Express Company will post 17.67 EPS for the current fiscal year.
American Express Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is 23.06%.
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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