AlpenGlobal Capital LLC Takes Position in American Express Company $AXP

AlpenGlobal Capital LLC bought a new stake in shares of American Express Company (NYSE:AXP) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 22,111 shares of the payment services company's stock, valued at approximately $7,479,000. American Express makes up 4.8% of AlpenGlobal Capital LLC's portfolio, making the stock its 6th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company's stock worth $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of American Express by 13.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company's stock worth $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in shares of American Express during the 2nd quarter worth approximately $428,000. Howland Capital Management LLC boosted its stake in American Express by 4.2% in the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company's stock valued at $707,000 after buying an additional 90 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its stake in American Express by 19.9% in the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company's stock valued at $924,000 after buying an additional 481 shares in the last quarter. Institutional investors own 84.33% of the company's stock.

Key American Express News

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express expanded its virtual-card capabilities for U.S. commercial customers through its @ Work platform and Conferma. The initiative could strengthen AXP’s position in corporate payments by improving security, spending controls, and integration with business and travel workflows. Is American Express’ Expanded Virtual Cards Strategy Deepening Its Corporate Moat in Premium Payments?
• Positive Sentiment: AXP became the official payments partner of St Andrews Links, expanding its premium sports and lifestyle partnership portfolio. The agreement may support international brand awareness, card-member engagement, and premium-card acquisition, although the near-term financial impact is likely limited. American Express and St Andrews Links Trust Announce Partnership
• Positive Sentiment: A recent profile highlighted CEO Steve Squeri’s strategy of attracting younger customers with premium products such as the Platinum Card. The company’s success with millennials and Gen Z supports the long-term value of its premium-card model. The American Express CEO Defied Haters
• Neutral Sentiment: Analyst opinions on American Express are mixed, indicating limited consensus on the stock’s valuation and outlook. Management is scheduled to participate in the Barclays Global Financial Services Conference on September 16, which could provide additional commentary on spending trends, credit quality, and guidance. Analysts’ Opinions Are Mixed on American Express American Express to Participate in Barclays Global Financial Services Conference
• Negative Sentiment: A 2026 Long Angle survey of more than 9,000 high-net-worth individuals found that Amex and Chase lagged other providers in loyalty, while Fidelity and Schwab ranked better in banking-related categories. The findings raise concerns about customer retention and competitive pressure in an important premium segment. Long Angle High-Net-Worth Study

Analyst Ratings Changes

A number of brokerages recently issued reports on AXP. Guggenheim initiated coverage on shares of American Express in a research report on Monday, July 13th. They set a "buy" rating for the company. Royal Bank Of Canada lowered shares of American Express from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 13th. The Goldman Sachs Group raised their price objective on shares of American Express from $360.00 to $400.00 and gave the stock a "buy" rating in a report on Tuesday, April 28th. Bank of America lifted their target price on shares of American Express from $387.00 to $391.00 and gave the company a "buy" rating in a research note on Thursday, July 9th. Finally, Evercore set a $370.00 target price on American Express in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $373.32.

American Express Stock Performance

AXP stock opened at $331.99 on Friday. The business's fifty day moving average is $342.98 and its 200-day moving average is $326.77. 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 has a market cap of $224.20 billion, a P/E ratio of 20.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49.

American Express (NYSE:AXP - Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping analysts' consensus estimates of $4.41 by $0.12. The business had revenue of $19.64 billion during the quarter, compared to analysts' expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts forecast that American Express Company will post 17.67 EPS for the current 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 given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express's payout ratio is presently 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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