Rose Capital Advisors LLC Acquires Shares of 5,594 American Express Company $AXP

Key Points

• Rose Capital Advisors acquired 5,594 American Express shares worth approximately $1.9 million in the second quarter, making AXP its 26th-largest holding and about 0.9% of its portfolio.
• American Express reported quarterly earnings of $4.53 per share, exceeding estimates, while revenue rose 10% year over year to $19.64 billion. The company projects fiscal 2026 EPS of $17.30–$17.90.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $373.32; institutional investors own 84.33% of the stock.

Rose Capital Advisors LLC acquired a new stake in American Express Company (NYSE:AXP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,594 shares of the payment services company's stock, valued at approximately $1,892,000. American Express comprises approximately 0.9% of Rose Capital Advisors LLC's investment portfolio, making the stock its 26th biggest holding.

Several other large investors also recently bought and sold shares of AXP. BlackRock Inc. purchased a new position in shares of American Express during the 2nd quarter worth $14,208,662,000. State Street Corp lifted its holdings in American Express by 1.3% during the 4th quarter. State Street Corp now owns 29,464,868 shares of the payment services company's stock worth $10,900,528,000 after buying an additional 369,967 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in American Express by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company's stock valued at $3,338,238,000 after purchasing an additional 141,936 shares during the period. Bank of America Corp DE boosted its stake in shares of American Express by 8.4% in the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company's stock valued at $2,695,702,000 after buying an additional 614,981 shares during the period. Finally, Capital World Investors grew its holdings in American Express by 46.7% during the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company's stock worth $2,780,424,000 after acquiring an additional 2,393,340 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company's stock.

American Express Stock Down 1.1%

Shares of American Express stock opened at $326.11 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The firm has a market cap of $220.23 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.39 and a beta of 1.05. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The business has a 50-day moving average price of $341.66 and a 200 day moving average price of $325.37.

American Express (NYSE:AXP - Get Free Report) last released its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. The firm had revenue of $19.64 billion for the quarter, compared to analyst estimates of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. American Express's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts forecast that American Express Company will post 17.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Jefferies Financial Group raised shares of American Express from a "hold" rating to a "buy" rating in a research report on Monday, July 13th. Benchmark assumed coverage on shares of American Express in a research note 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 report on Monday, July 27th. Barclays raised their price objective on shares of American Express from $322.00 to $364.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 7th. Finally, Truist Financial increased their price target on American Express from $360.00 to $375.00 and gave the stock a "buy" rating in a research note on Wednesday, June 24th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $373.32.

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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