6,644 Shares in American Express Company $AXP Bought by Fielder Capital Group LLC

Key Points

• Fielder Capital Group purchased 6,644 American Express shares in the second quarter, valued at approximately $2.25 million. Institutional investors collectively own 84.33% of AXP’s outstanding stock.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $373.32, although some firms recently downgraded or lowered their targets.
• American Express exceeded quarterly earnings expectations with $4.53 EPS, while revenue grew 10% year over year. The company also maintains a quarterly dividend of $0.95 per share, equivalent to a 1.1% yield.

Fielder Capital Group LLC purchased a new position in American Express Company (NYSE:AXP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,644 shares of the payment services company's stock, valued at approximately $2,247,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AXP. State Street Corp boosted its stake in shares of American Express by 1.3% during the fourth quarter. State Street Corp now owns 29,464,868 shares of the payment services company's stock valued at $10,900,528,000 after purchasing an additional 369,967 shares during the period. Fisher Asset Management LLC increased its stake in shares of American Express by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company's stock worth $3,338,238,000 after buying an additional 141,936 shares during the period. Bank of America Corp DE raised its holdings in American Express by 7.7% during the 4th quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company's stock valued at $2,904,218,000 after buying an additional 558,533 shares during the last quarter. Capital World Investors raised its holdings in American Express by 46.7% during the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company's stock valued at $2,780,424,000 after buying an additional 2,393,340 shares during the last quarter. Finally, Norges Bank purchased a new stake in American Express during the 4th quarter valued at $2,464,215,000. 84.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AXP has been the topic of a number of recent analyst reports. Royal Bank Of Canada lowered shares of American Express from a "moderate buy" rating to a "hold" rating in a report on Monday, July 13th. Guggenheim assumed coverage on shares of American Express in a research note on Monday, July 13th. They set a "buy" rating for the company. Piper Sandler increased their target price on shares of American Express from $396.00 to $405.00 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Bank of America raised their target price on American Express from $387.00 to $391.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Finally, Morgan Stanley reduced their price target on American Express from $385.00 to $382.00 and set an "equal weight" 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, American Express has an average rating of "Moderate Buy" and an average target price of $373.32.

Key Stories Impacting American Express

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 Down 0.1%

Shares of American Express stock opened at $342.27 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a market cap of $231.14 billion, a P/E ratio of 20.77, a PEG ratio of 1.38 and a beta of 1.04. The company's fifty day simple moving average is $341.33 and its two-hundred day simple moving average is $327.33.

American Express (NYSE:AXP - Get Free Report) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping 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 firm had revenue of $14.99 billion during the quarter, compared to analysts' expectations of $19.70 billion. During the same period last year, the company posted $4.08 EPS. The company's quarterly 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. Research analysts anticipate that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were issued a $0.95 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. 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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