G&S Capital LLC Decreases Holdings in American Express Company $AXP

Key Points

• G&S Capital cut its American Express stake by 83.7% in the second quarter, selling 8,866 shares and retaining 1,722 shares valued at approximately $582,000.
• American Express reported quarterly EPS of $4.53, exceeding estimates of $4.41, while revenue rose 10% year over year. The company issued fiscal 2026 EPS guidance of $17.30–$17.90 and maintains a $0.95 quarterly dividend, yielding about 1.1%.
• Analyst sentiment remains a Moderate Buy, with an average price target of $372.84, although ratings range from Buy to Sell and some firms have reduced their targets. Institutional investors collectively own 84.33% of AXP shares.

G&S Capital LLC decreased its stake in American Express Company (NYSE:AXP) by 83.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,722 shares of the payment services company's stock after selling 8,866 shares during the period. G&S Capital LLC's holdings in American Express were worth $582,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AXP. Keybank National Association OH raised its position in shares of American Express by 3.0% in the fourth 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 boosted its holdings in American Express by 34.1% in 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 buying an additional 35,533 shares during the period. Peapack Gladstone Financial Corp grew its stake in American Express by 6.2% in the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company's stock valued at $24,416,000 after buying an additional 3,855 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. grew its stake in American Express by 4.8% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 86,871 shares of the payment services company's stock valued at $32,138,000 after buying an additional 4,008 shares in the last quarter. Finally, Blue Capital Inc. bought a new stake in American Express during the 4th quarter valued at $2,838,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Stock Up 0.6%

Shares of NYSE:AXP opened at $340.97 on Wednesday. The firm has a market capitalization of $230.26 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. 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 Company has a 52-week low of $290.97 and a 52-week high of $387.49. The firm has a fifty day moving average of $339.21 and a 200 day moving average of $327.77.

American Express (NYSE:AXP - Get Free Report) last released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts' consensus estimates of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The business had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter last year, the business posted $4.08 earnings per share. The company's revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were given 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 presently 23.06%.

Key Stories Impacting American Express

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

• Positive Sentiment: Amex Ventures invests in Fazeshift’s artificial-intelligence platform. American Express’ corporate venture arm backed Fazeshift, an AI-native company automating accounts-receivable workflows. The funding will support expansion into additional finance operations, potentially giving AXP early exposure to technologies that could improve business-payment products and strengthen its commercial-services ecosystem. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
• Positive Sentiment: Expanded US Open benefits support Amex’s premium-brand strategy. New 2026 US Open offerings include lounges, hospitality, merchandise, transportation-related perks and exclusive experiences for card members. The program may help drive engagement, spending and customer retention, particularly among higher-income customers, although the direct financial impact is likely limited in the near term. American Express Unveils New Tennis Experiences for All Fans
• Neutral Sentiment: Recent fundamentals remain supportive but valuation leaves less room for disappointment. AXP’s latest quarterly results exceeded EPS expectations, with earnings of $4.53 per share versus the $4.41 consensus, while revenue increased 10% year over year. Management’s fiscal 2026 EPS outlook of $17.30–$17.90 provides a growth framework, but the stock’s premium valuation means investors will likely continue watching spending trends, credit quality and execution closely.
• Negative Sentiment: A report that billionaire Lord Sugar was denied a higher credit limit highlights Amex’s underwriting discipline. The isolated anecdote is unlikely to affect earnings, but it could draw attention to credit-limit controls and customer-service decisions. Billionaire Lord Sugar denied Amex credit limit increase

Analyst Ratings Changes

Several research firms have issued reports on AXP. UBS Group dropped their target price on American Express from $386.00 to $384.00 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. Benchmark assumed coverage on American Express in a research note on Monday, July 13th. They set a "buy" rating on the stock. Jefferies Financial Group raised American Express from a "hold" rating to a "buy" rating in a report on Monday, July 13th. TD Cowen lifted their target price on American Express from $330.00 to $338.00 and gave the company a "hold" rating in a report on Tuesday, July 7th. Finally, BTIG Research decreased their price target on American Express from $324.00 to $315.00 and set a "sell" rating on the stock in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $372.84.

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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