G&S Capital LLC Cuts Stock Holdings in American Express Company $AXP

G&S Capital LLC reduced its stake in shares of American Express Company (NYSE:AXP) by 83.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,722 shares of the payment services company’s stock after selling 8,866 shares during the quarter. G&S Capital LLC’s holdings in American Express were worth $582,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Handelsbanken Fonder AB increased its stake in American Express by 19.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 244,766 shares of the payment services company’s stock worth $82,792,000 after purchasing an additional 39,679 shares during the period. Marquette Asset Management LLC lifted its position in American Express by 429.2% in the second quarter. Marquette Asset Management LLC now owns 127 shares of the payment services company’s stock valued at $43,000 after purchasing an additional 103 shares during the last quarter. Fulton Bank N.A. boosted its stake in shares of American Express by 15.9% during the second quarter. Fulton Bank N.A. now owns 11,461 shares of the payment services company’s stock valued at $3,877,000 after purchasing an additional 1,569 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in shares of American Express by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,748 shares of the payment services company’s stock worth $1,606,000 after purchasing an additional 58 shares during the last quarter. Finally, Revolve Wealth Partners LLC grew its holdings in shares of American Express by 26.4% in the second quarter. Revolve Wealth Partners LLC now owns 1,962 shares of the payment services company’s stock worth $664,000 after purchasing an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of American Express from a “neutral” rating to an “overweight” rating and upped their price target for the company from $328.00 to $400.00 in a report on Monday, July 13th. Royal Bank Of Canada lowered shares of American Express from a “moderate buy” rating to a “hold” rating in a report on Monday, July 13th. Evercore set a $370.00 price objective on shares of American Express in a research note on Monday, July 27th. Barclays increased their target price on shares of American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Finally, BTIG Research cut their target price on American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $372.84.

Key Headlines Impacting American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: Amex Ventures invests in Fazeshift’s artificial-intelligence platform. American Express’ corporate venture arm backed Fazeshift, an AI-native company automating accounts-receivable workflows. The funding will support expansion into additional finance operations, potentially giving AXP early exposure to technologies that could improve business-payment products and strengthen its commercial-services ecosystem. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
• Positive Sentiment: Expanded US Open benefits support Amex’s premium-brand strategy. New 2026 US Open offerings include lounges, hospitality, merchandise, transportation-related perks and exclusive experiences for card members. The program may help drive engagement, spending and customer retention, particularly among higher-income customers, although the direct financial impact is likely limited in the near term. American Express Unveils New Tennis Experiences for All Fans
• Neutral Sentiment: Recent fundamentals remain supportive but valuation leaves less room for disappointment. AXP’s latest quarterly results exceeded EPS expectations, with earnings of $4.53 per share versus the $4.41 consensus, while revenue increased 10% year over year. Management’s fiscal 2026 EPS outlook of $17.30–$17.90 provides a growth framework, but the stock’s premium valuation means investors will likely continue watching spending trends, credit quality and execution closely.
• Negative Sentiment: A report that billionaire Lord Sugar was denied a higher credit limit highlights Amex’s underwriting discipline. The isolated anecdote is unlikely to affect earnings, but it could draw attention to credit-limit controls and customer-service decisions. Billionaire Lord Sugar denied Amex credit limit increase

American Express Trading Up 0.6%

NYSE:AXP opened at $340.97 on Wednesday. The firm has a market capitalization of $230.26 billion, a P/E ratio of 20.69, a PEG ratio of 1.37 and a beta of 1.04. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. American Express Company has a one year low of $290.97 and a one year high of $387.49. The company’s 50-day simple moving average is $339.21 and its 200 day simple moving average is $327.77.

American Express (NYSE:AXP) last announced its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating 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 business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter last year, the firm earned $4.08 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts forecast that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is 23.06%.

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.