Insight Wealth Strategies LLC Has $358,000 Position in American Express Company $AXP

Key Points

• Insight Wealth Strategies cut its American Express stake by 95.6% in the second quarter, leaving 1,029 shares valued at approximately $358,000. Institutional investors collectively own 84.33% of AXP’s outstanding shares.
• American Express reported quarterly EPS of $4.53, ahead of the $4.41 consensus estimate, while revenue increased 10% year over year. The company reaffirmed fiscal 2026 EPS guidance of $17.30–$17.90.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $373.32. American Express also declared a quarterly dividend of $0.95 per share, representing a 1.1% yield.

Insight Wealth Strategies LLC reduced its stake in shares of American Express Company (NYSE:AXP) by 95.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,029 shares of the payment services company's stock after selling 22,105 shares during the period. Insight Wealth Strategies LLC's holdings in American Express were worth $358,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company's stock valued at $1,924,000 after purchasing an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company's stock valued at $554,000 after buying an additional 200 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of American Express in the 2nd quarter valued at approximately $428,000. Howland Capital Management LLC increased its holdings in American Express by 4.2% in the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company's stock worth $707,000 after buying an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC increased its holdings in American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company's stock worth $924,000 after buying an additional 481 shares during the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express News Summary

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

• Positive Sentiment: Piper Sandler raised its price target to $405 from $396 and reiterated an “overweight” rating. The new target implies approximately 17.7% potential upside from the referenced price, signaling confidence in American Express’ earnings outlook and long-term growth. Benzinga
• Positive Sentiment: American Express is still viewed as undervalued by an intrinsic-value analysis. A Yahoo Finance commentary said the shares have returned about 120% over five years but remain below an excess-returns valuation estimate, supporting the argument that recent weakness may offer value despite valuation multiples broadly tracking the market. American Express Stock Still Looks Cheap After a 120% Five Year Run
• Positive Sentiment: Amex Ventures invested in Fazeshift, an artificial-intelligence finance platform. Fazeshift plans to expand its autonomous-agent technology beyond accounts receivable into broader finance operations. The investment gives AXP exposure to potentially efficiency-enhancing financial technology, though the near-term earnings impact is likely limited. Amex Ventures Funds Fazeshift’s Agentic AI Expansion
• Neutral Sentiment: American Express filed an amendment related to newly issued Series E preferred shares. The transaction may provide additional capital or balance-sheet flexibility, but preferred securities also create dividend and capital obligations. Investors will likely need more details on size, terms, and use of proceeds to assess the effect on common shareholders. American Express Issues New Series E Preferred Shares
• Neutral Sentiment: A report concerning billionaire Lord Sugar allegedly being denied a higher Amex credit limit could attract attention, but it is an isolated anecdote and provides little insight into AXP’s overall credit quality or financial performance. Billionaire Lord Sugar Denied Amex Credit Limit Increase

American Express Stock Up 1.0%

Shares of AXP opened at $344.10 on Thursday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. The company has a 50-day simple moving average of $340.08 and a 200-day simple moving average of $327.61. 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 $232.37 billion, a P/E ratio of 20.88, a P/E/G ratio of 1.37 and a beta of 1.04.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same period in the previous year, the company posted $4.08 earnings per share. 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. On average, equities research analysts expect that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were given a dividend of $0.95 per share. 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 is 23.06%.

Analyst Ratings Changes

A number of research firms have issued reports on AXP. HSBC lifted their target price on shares of American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research note on Monday, July 13th. Barclays raised their price target on shares of American Express from $322.00 to $364.00 and gave the company an "equal weight" rating in a 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. Truist Financial upped their price objective on shares of American Express from $360.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Finally, Benchmark started coverage on shares of American Express in a research report on Monday, July 13th. They set a "buy" rating on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $373.32.

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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