GSA Capital Partners LLP Buys New Holdings in American Express Company $AXP

GSA Capital Partners LLP purchased a new position in shares of American Express Company (NYSE:AXP) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 4,514 shares of the payment services company's stock, valued at approximately $1,527,000.

A number of other large investors have also bought and sold shares of the stock. Evolution Wealth Management Inc. grew its holdings in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company's stock worth $25,000 after purchasing an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new stake in American Express during the 4th quarter valued at $26,000. Sfam LLC purchased a new stake in American Express during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in American Express during the 4th quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC bought a new stake in American Express in the 4th quarter worth $29,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Stock Down 0.1%

Shares of NYSE:AXP opened at $342.27 on Monday. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. 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 stock has a 50 day moving average price of $341.33 and a 200-day moving average price of $327.33. 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 (NYSE:AXP - Get Free Report) last announced its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $19.70 billion. During the same quarter in the previous year, the business posted $4.08 EPS. The company's quarterly revenue 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, equities research analysts anticipate that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AXP shares. Benchmark began coverage on shares of American Express in a research note on Monday, July 13th. They set a "buy" rating for the company. JPMorgan Chase & Co. raised American Express from a "neutral" rating to an "overweight" rating and upped their price target for the company from $328.00 to $400.00 in a research report on Monday, July 13th. Morgan Stanley cut their price objective on American Express from $385.00 to $382.00 and set an "equal weight" rating on the stock in a research report on Monday, July 27th. Piper Sandler boosted their target price on American Express from $396.00 to $405.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. Finally, UBS Group decreased their target price on American Express from $386.00 to $384.00 and set a "neutral" rating for the company in a report on Monday, August 3rd. One 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $373.32.

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

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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