W1M Asset Management Ltd Acquires New Shares in American Express Company $AXP

Key Points

• W1M Asset Management acquired 81,583 American Express shares in the second quarter, valued at approximately $27.6 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.53, exceeding estimates of $4.41, while revenue rose 10% year over year to $19.64 billion. The company maintained FY 2026 EPS guidance of $17.30–$17.90.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $373.32; AXP recently traded at $336 and pays an annualized dividend of $3.80 per share.

W1M Asset Management Ltd bought a new position in American Express Company (NYSE:AXP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 81,583 shares of the payment services company's stock, valued at approximately $27,596,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. boosted its stake in American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company's stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management bought a new stake in shares of American Express during the fourth quarter valued at approximately $26,000. Sfam LLC acquired a new position in shares of American Express during the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd bought a new position in American Express in the 4th quarter worth approximately $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in American Express in the 3rd quarter valued at approximately $28,000. 84.33% of the stock is currently owned by institutional investors.

American Express Trading Up 1.5%

Shares of American Express stock opened at $336.00 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 $226.90 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 1.36 and a beta of 1.04. The business has a fifty day simple moving average of $343.19 and a 200-day simple moving average of $326.83. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly 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. 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%. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts forecast that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express's payout ratio is presently 23.06%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AXP. Truist Financial boosted their price target on American Express from $360.00 to $375.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upgraded shares of American Express from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $328.00 to $400.00 in a research note on Monday, July 13th. Morgan Stanley reduced their price objective on shares of American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a report on Monday, July 27th. HSBC increased their target price 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. Finally, BTIG Research dropped their price target on shares of American Express from $324.00 to $315.00 and set a "sell" rating on the stock in a research report on Monday, July 27th. 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 issued a Sell rating to the stock. According to data from MarketBeat, American Express currently has a consensus rating of "Moderate Buy" and a consensus 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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