OneAscent Financial Services LLC Invests $1.25 Million in American Express Company $AXP

Key Points

• OneAscent Financial Services initiated a $1.25 million position in American Express during the second quarter, while institutional investors collectively own 84.33% of the company’s shares.
• Analyst sentiment remains favorable but mixed: American Express has a consensus “Moderate Buy” rating and an average price target of $373.32.
• American Express beat quarterly EPS estimates with $4.53 versus $4.41 expected, while revenue rose 10% year over year to $19.64 billion; it also maintained a $0.95 quarterly dividend, yielding about 1.1%.

OneAscent Financial Services LLC bought a new stake in American Express Company (NYSE:AXP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,703 shares of the payment services company's stock, valued at approximately $1,253,000.

Other institutional investors also recently bought and sold shares of the company. Flputnam Investment Management Co. bought a new position in American Express during the 2nd quarter valued at approximately $12,879,000. Keybank National Association OH grew its position in shares of American Express by 3.0% in the 4th quarter. Keybank National Association OH now owns 359,261 shares of the payment services company's stock worth $132,909,000 after buying an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in shares of American Express by 34.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company's stock valued at $51,751,000 after buying an additional 35,533 shares during the period. Peapack Gladstone Financial Corp raised its holdings in shares of American Express by 6.2% during the fourth quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company's stock valued at $24,416,000 after acquiring an additional 3,855 shares in the last quarter. Finally, Blue Capital Inc. bought a new position in shares of American Express during the fourth quarter valued at approximately $2,838,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. UBS Group cut their price target on shares of American Express from $386.00 to $384.00 and set a "neutral" rating on the stock in a report on Monday, August 3rd. Guggenheim began coverage on shares of American Express in a research report on Monday, July 13th. They issued a "buy" rating for the company. Evercore set a $370.00 target price on shares of American Express in a research note on Monday, July 27th. Truist Financial boosted their price target on shares of American Express from $360.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Finally, Morgan Stanley decreased their price target on shares of American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a research note on Monday, July 27th. 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 issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $373.32.

American Express News Summary

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

American Express Price Performance

Shares of NYSE:AXP opened at $331.99 on Friday. The business has a fifty day moving average price of $342.98 and a 200-day moving average price of $326.77. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. The company has a market capitalization of $224.20 billion, a PE ratio of 20.15, a PEG ratio of 1.37 and a beta of 1.04. American Express Company has a 1-year low of $290.97 and a 1-year high of $387.49.

American Express (NYSE:AXP - Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping 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 company had revenue of $19.64 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. American Express's 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. As a group, equities analysts expect that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued a dividend of $0.95 per share. The ex-dividend date 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 is presently 23.06%.

American Express 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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