Deutsche Bank AG Makes New $927.95 Million Investment in American Express Company $AXP

Deutsche Bank AG purchased a new stake in shares of American Express Company (NYSE:AXP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,743,385 shares of the payment services company’s stock, valued at approximately $927,950,000. Deutsche Bank AG owned approximately 0.41% of American Express at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Evolution Wealth Management Inc. lifted its holdings in shares of American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after acquiring an additional 66 shares during the period. Joseph Group Capital Management bought a new position in shares of American Express in the fourth quarter worth about $26,000. Sfam LLC bought a new position in shares of American Express in the fourth quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the 4th quarter worth approximately $28,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of American Express during the 4th quarter worth approximately $29,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their target price on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Truist Financial upped their price target on shares of American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upgraded shares of American Express from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $328.00 to $400.00 in a report on Monday, July 13th. Loop Capital initiated coverage on shares of American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express Stock Up 0.4%

NYSE AXP traded up $1.38 during mid-day trading on Wednesday, hitting $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’s 50 day simple moving average is $342.20 and its 200 day simple moving average is $327.04. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The firm 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 (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 $19.64 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter last year, the firm posted $4.08 EPS. American Express’s revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s payout ratio is currently 23.06%.

Key Headlines Impacting American Express

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.

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.