2,474 Shares in American Express Company $AXP Bought by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new stake in American Express Company (NYSE:AXP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,474 shares of the payment services company’s stock, valued at approximately $837,000.

A number of other large investors have also added to or reduced their stakes in the company. Keybank National Association OH lifted its position in American Express by 3.0% in the 4th quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock worth $132,909,000 after buying an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd grew its position in American Express by 34.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after acquiring an additional 35,533 shares during the last quarter. Peapack Gladstone Financial Corp raised its stake in shares of American Express by 6.2% during the fourth 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 in the last quarter. Thames Capital Management LLC raised its stake in shares of American Express by 189.6% during the fourth quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company’s stock worth $29,767,000 after acquiring an additional 52,679 shares in the last quarter. Finally, Blue Capital Inc. bought a new stake in shares of American Express in the 4th quarter worth approximately $2,838,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: Expanded virtual-card capabilities: AXP is making American Express Virtual Cards available through its @ Work platform for U.S. corporate customers. The products offer adjustable spending limits, enhanced fraud protection and easier expense management, potentially increasing commercial-payment volumes and customer retention. American Express expands virtual cards for US commercial customers
• Positive Sentiment: Premium travel ecosystem strengthened: American Express added 350 luxury hotels across 116 countries to the Platinum Card travel program. More curated booking options could improve the value proposition of its premium cards, support spending and help justify annual fees. American Express adds 350 luxury hotels to Platinum Card travel program
• Positive Sentiment: Evidence of loyalty-driven spending: United Airlines’ results highlighted how American Express perks can help capture premium travel spending, even without a United co-branded card. The example supports AXP’s broader strategy of using travel benefits and partnerships to attract affluent customers. Popular legacy airline captures premium spend because of American Express perks
• Positive Sentiment: Constructive analyst outlook: Piper Sandler forecast meaningful appreciation potential for AXP shares, providing a positive signal following the company’s recent earnings beat and continued revenue growth. Piper Sandler Forecasts Strong Price Appreciation for American Express Stock
• Neutral Sentiment: Capital structure update: AXP issued Series E preferred shares and announced full redemption of Series D preferred shares. The move may improve funding flexibility, but it also adds preferred financing obligations and has limited direct impact on common-share earnings. American Express Issues New Series E Preferred Shares
• Neutral Sentiment: Mixed analyst sentiment: Coverage of AXP showed differing views, suggesting valuation and expectations remain areas of debate despite the company’s strong operating trends. Analysts Have Conflicting Sentiments on American Express

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AXP shares. Evercore set a $370.00 price objective on shares of American Express in a research note on Monday, July 27th. TD Cowen lifted their target price on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. 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 target for the company. HSBC upped their price target 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, Morgan Stanley reduced their price objective on American Express from $385.00 to $382.00 and set an “equal weight” rating on the stock in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express Stock Performance

American Express stock opened at $342.27 on Friday. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The stock’s 50 day simple moving average is $341.33 and its two-hundred day simple moving average is $327.58. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. The stock has a market cap of $231.14 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.38 and a beta of 1.04.

American Express (NYSE:AXP) last announced 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. The firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The business’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts expect that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.1%. American Express’s dividend payout ratio is 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.