Silvant Capital Management LLC Purchases Shares of 28,058 American Express Company $AXP

Key Points

• Silvant Capital Management purchased 28,058 American Express shares worth approximately $9.5 million, while institutional investors collectively own 84.33% of the company.
• Analyst sentiment is generally positive but mixed, with American Express holding a “Moderate Buy” consensus rating and an average price target of $373.32.
• American Express exceeded quarterly EPS expectations with $4.53 per share, reported 10% year-over-year revenue growth, and pays a quarterly dividend of $0.95 per share, yielding about 1.1%.

Silvant Capital Management LLC purchased a new position in shares of American Express Company (NYSE:AXP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,058 shares of the payment services company's stock, valued at approximately $9,491,000.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on AXP. HSBC raised their price objective on shares of American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research report on Monday, July 13th. Loop Capital initiated coverage on shares of American Express in a research note on Thursday, May 21st. They issued a "buy" rating and a $389.00 price target for the company. TD Cowen boosted their price target on American Express from $330.00 to $338.00 and gave the stock a "hold" rating in a research report on Tuesday, July 7th. Evercore set a $370.00 price target on shares of American Express in a research note on Monday, July 27th. Finally, Freedom Capital upgraded American Express from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $373.32.

More American Express News

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

AXP stock opened at $331.99 on Friday. The company's fifty day moving average price is $342.98 and its 200-day moving average price is $326.77. American Express Company has a one year low of $290.97 and a one year high of $387.49. The company has a market capitalization of $224.20 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. 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 issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping 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 $19.64 billion for the quarter, compared to analysts' expectations of $19.70 billion. During the same period in the previous year, the firm posted $4.08 earnings per share. The business'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. On average, equities analysts anticipate that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors 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 payout ratio is currently 23.06%.

American Express Company 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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