40,629 Shares in American Express Company $AXP Acquired by UNIVEST FINANCIAL Corp

Key Points

• UNIVEST FINANCIAL Corp acquired 40,629 American Express shares worth approximately $13.7 million, making AXP about 0.7% of its portfolio. Institutional investors collectively own 84.33% of the stock.
• American Express reported quarterly EPS of $4.53, beating estimates by $0.12, while revenue rose 10% year over year to $14.99 billion. The company issued FY 2026 EPS guidance of $17.30–$17.90.
• AXP pays a quarterly dividend of $0.95, equivalent to $3.80 annually and a 1.1% yield. Analysts have a consensus “Moderate Buy” rating with an average price target of $373.32.

UNIVEST FINANCIAL Corp bought a new stake in American Express Company (NYSE:AXP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 40,629 shares of the payment services company's stock, valued at approximately $13,743,000. American Express makes up about 0.7% of UNIVEST FINANCIAL Corp's investment portfolio, making the stock its 29th biggest position.

Several other hedge funds have also bought and sold shares of AXP. BlackRock Inc. bought a new stake in American Express during the second quarter worth about $14,208,662,000. State Street Corp raised its holdings in shares of American Express by 1.3% during the 4th quarter. State Street Corp now owns 29,464,868 shares of the payment services company's stock valued at $10,900,528,000 after buying an additional 369,967 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of American Express by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company's stock valued at $3,338,238,000 after buying an additional 141,936 shares in the last quarter. Bank of America Corp DE boosted its stake in American Express by 7.7% in the fourth quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company's stock worth $2,904,218,000 after buying an additional 558,533 shares in the last quarter. Finally, Capital World Investors grew its position in American Express by 46.7% during the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company's stock valued at $2,780,424,000 after acquiring an additional 2,393,340 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

American Express Price Performance

Shares of American Express stock opened at $336.50 on Tuesday. The firm has a market cap of $227.24 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 1.38 and a beta of 1.04. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The company's fifty day simple moving average is $341.81 and its two-hundred day simple moving average is $327.17.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating the consensus estimate of $4.41 by $0.12. The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the firm posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express's dividend payout ratio (DPR) is currently 23.06%.

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of recent research reports. Freedom Capital raised shares of American Express from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 14th. Weiss Ratings reiterated a "hold (c+)" rating on shares of American Express in a research report on Monday, July 13th. HSBC upped their price target on shares of American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research report on Monday, July 13th. UBS Group decreased their price objective on American Express from $386.00 to $384.00 and set a "neutral" rating on the stock in a report on Monday, August 3rd. Finally, Loop Capital began coverage on American Express in a report on Thursday, May 21st. They set a "buy" rating and a $389.00 target price for the company. 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 stock. Based on data from MarketBeat, American Express presently has a consensus rating of "Moderate Buy" and a consensus price target of $373.32.

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.

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