Bridgewater Advisors Inc. Invests $4.78 Million in American Express Company $AXP

Bridgewater Advisors Inc. bought a new position in American Express Company (NYSE:AXP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,884 shares of the payment services company's stock, valued at approximately $4,781,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AXP. BIP Wealth LLC acquired a new position in shares of American Express in the 2nd quarter valued at $994,000. Phillips Financial Management LLC acquired a new stake in shares of American Express during the 2nd quarter worth $229,000. Trifecta Capital Advisors LLC purchased a new position in shares of American Express in the 2nd quarter worth $195,000. Good Steward Wealth Advisors LLC purchased a new position in shares of American Express in the 2nd quarter worth $302,000. Finally, Everett Harris & Co. CA acquired a new position in American Express in the second quarter valued at $2,045,000. Institutional investors and hedge funds own 84.33% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AXP shares. Barclays boosted their price target on American Express from $322.00 to $364.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of American Express in a research note on Monday, July 13th. The Goldman Sachs Group boosted their target price on American Express from $360.00 to $400.00 and gave the stock a "buy" rating in a report on Tuesday, April 28th. Evercore set a $370.00 target price on shares of American Express in a research report on Monday, July 27th. Finally, Bank of America raised their price target on shares of American Express from $387.00 to $391.00 and gave the company a "buy" rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $373.32.

American Express Trading Down 0.4%

AXP opened at $342.27 on Friday. The firm has a market capitalization of $231.14 billion, a P/E ratio of 20.77, a P/E/G ratio of 1.38 and a beta of 1.04. The firm's 50 day moving average is $341.33 and its 200-day moving average is $327.58. American Express Company has a 52-week low of $290.97 and a 52-week 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.

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 analysts' consensus estimates of $4.41 by $0.12. The business had revenue of $14.99 billion for the quarter, compared to analysts' expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

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 $0.95 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. American Express's payout ratio is currently 23.06%.

Key American Express News

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 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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