Portfolio Design Labs LLC Purchases New Holdings in American Express Company $AXP

Key Points

• Portfolio Design Labs LLC acquired 4,052 American Express shares in the second quarter, valued at approximately $1.37 million. Institutional investors collectively own 84.33% of AXP.
• Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and an average price target of $373.32, although individual ratings range from Strong Buy to Sell.
• American Express exceeded quarterly EPS estimates, reporting $4.53 versus $4.41 expected, while revenue rose 10% year over year to $19.64 billion. The company also maintains a $0.95 quarterly dividend, equivalent to a 1.1% yield.

Portfolio Design Labs LLC acquired a new position in American Express Company (NYSE:AXP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,052 shares of the payment services company's stock, valued at approximately $1,371,000.

A number of other hedge funds have also recently bought and sold shares of AXP. Brighton Jones LLC raised its position in shares of American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company's stock worth $1,924,000 after acquiring an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in American Express by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company's stock valued at $554,000 after acquiring an additional 200 shares during the last quarter. Schnieders Capital Management LLC. bought a new position in American Express in the second quarter valued at about $428,000. Howland Capital Management LLC increased its position 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 purchasing an additional 90 shares during the period. Finally, HUB Investment Partners LLC increased its position 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 purchasing an additional 481 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AXP. TD Cowen upped their target price on shares of American Express from $330.00 to $338.00 and gave the company a "hold" rating in a research report on Tuesday, July 7th. Jefferies Financial Group raised shares of American Express from a "hold" rating to a "buy" rating in a research note on Monday, July 13th. Bank of America increased their price objective 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. Loop Capital began coverage on shares of American Express in a research note on Thursday, May 21st. They issued a "buy" rating and a $389.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of American Express in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $373.32.

American Express Price Performance

Shares of AXP opened at $331.99 on Friday. The stock has a market cap of $224.20 billion, a P/E ratio of 20.15, a price-to-earnings-growth 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. The stock's 50-day moving average price is $342.98 and its two-hundred day moving average price is $326.77. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66.

American Express (NYSE:AXP - Get Free Report) last announced its quarterly 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 return on equity of 34.12% and a net margin of 15.07%.The company had revenue of $19.64 billion during the quarter, compared to analysts' expectations of $19.70 billion. During the same period in the prior year, the business posted $4.08 EPS. American Express's 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. On average, equities analysts predict that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 1.1%. American Express's dividend payout ratio (DPR) is 23.06%.

Trending Headlines about American Express

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

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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