17,223 Shares in American Express Company $AXP Bought by Global Retirement Partners LLC

Key Points

• Global Retirement Partners LLC purchased 17,223 American Express shares worth approximately $5.83 million, while institutional investors collectively own 84.33% of the company.
• American Express exceeded quarterly EPS expectations, reporting $4.53 versus the $4.41 consensus estimate, with revenue up 10% year over year. The company maintained fiscal 2026 EPS guidance of $17.30–$17.90.
• Analysts hold a “Moderate Buy” consensus rating with an average price target of $373.32; American Express also pays a quarterly dividend of $0.95, equivalent to a 1.1% annual yield.

Global Retirement Partners LLC bought a new stake in American Express Company (NYSE:AXP - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 17,223 shares of the payment services company's stock, valued at approximately $5,826,000.

Several other institutional investors have also recently bought and sold shares of the company. Keybank National Association OH boosted its holdings in American Express by 3.0% in the 4th quarter. Keybank National Association OH now owns 359,261 shares of the payment services company's stock valued at $132,909,000 after purchasing an additional 10,495 shares during the period. Swiss Life Asset Management Ltd increased its holdings in shares of American Express by 34.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company's stock worth $51,751,000 after purchasing an additional 35,533 shares during the period. Peapack Gladstone Financial Corp increased its holdings in shares of American Express by 6.2% during the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company's stock worth $24,416,000 after purchasing an additional 3,855 shares during the period. Thames Capital Management LLC raised its position in shares of American Express by 189.6% during the fourth quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company's stock valued at $29,767,000 after buying an additional 52,679 shares during the last quarter. Finally, Blue Capital Inc. acquired a new position in shares of American Express during the fourth quarter valued at about $2,838,000. Institutional investors own 84.33% of the company's stock.

American Express News Roundup

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 Price Performance

Shares of American Express stock opened at $342.27 on Monday. The firm has a market cap of $231.14 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 1.38 and a beta of 1.04. The firm's 50-day simple moving average is $341.33 and its 200-day simple moving average is $327.33. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts expect 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. Stockholders of record on Thursday, July 2nd were issued a $0.95 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express's dividend payout ratio is presently 23.06%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Benchmark initiated coverage on American Express in a research report on Monday, July 13th. They set a "buy" rating on the stock. The Goldman Sachs Group upped their price target on American Express from $360.00 to $400.00 and gave the company a "buy" rating in a report on Tuesday, April 28th. Morgan Stanley reduced their price objective on American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a research report on Monday, July 27th. Weiss Ratings reissued a "hold (c+)" rating on shares of American Express in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. upgraded American Express from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $328.00 to $400.00 in a research report on Monday, July 13th. 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's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $373.32.

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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