Foster & Motley Inc. Makes New Investment in American Express Company $AXP

Foster & Motley Inc. bought a new position in shares of American Express Company (NYSE:AXP) during the second quarter, HoldingsChannel.com reports. The firm bought 1,647 shares of the payment services company’s stock, valued at approximately $557,000.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after acquiring an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares during the period. Schnieders Capital Management LLC. acquired a new stake in American Express during the second quarter worth about $428,000. Howland Capital Management LLC raised its holdings in American Express by 4.2% in the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock valued at $707,000 after buying an additional 90 shares during the period. Finally, HUB Investment Partners LLC lifted its holdings in shares of American Express by 19.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after acquiring an additional 481 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Trading Up 0.4%

NYSE:AXP opened at $339.90 on Thursday. The stock has a fifty day simple moving average of $342.72 and a 200 day simple moving average of $326.91. The firm has a market capitalization of $229.54 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.36 and a beta of 1.04. American Express Company has a 1-year low of $290.97 and a 1-year high of $387.49. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66.

American Express (NYSE:AXPGet Free Report) last posted its quarterly earnings data 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 the consensus estimate of $19.70 billion. During the same quarter in the previous year, the company earned $4.08 EPS. The business’s revenue for the quarter 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. Sell-side analysts forecast that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued a dividend of $0.95 per share. The ex-dividend date 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%.

Analysts Set New Price Targets

AXP has been the topic of a number of analyst reports. Benchmark assumed coverage on shares of American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. Bank of America boosted their price target on American Express from $387.00 to $391.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Piper Sandler lifted their target price on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. HSBC increased their price objective on shares of American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Finally, Truist Financial raised their target price on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, American Express presently has an average rating of “Moderate Buy” and a consensus target price of $373.32.

Check Out Our Latest Research Report on AXP

American Express News Summary

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

  • Positive Sentiment: American Express is expanding its premium lifestyle and sports partnerships by naming St Andrews Links its Official Payments Partner. The agreement could increase global brand visibility, card-member engagement and spending among affluent travelers and golf fans. American Express and St Andrews Links Trust partnership
  • Positive Sentiment: AXP has expanded virtual-card capabilities for U.S. commercial customers through its @ Work platform and Conferma. The move embeds American Express more deeply into corporate payment and travel workflows, potentially improving retention, security and business-spending volumes. American Express expanded virtual cards strategy
  • Positive Sentiment: A profile of CEO Steve Squeri highlights American Express’s successful focus on millennials and Gen Z customers, including the willingness of younger consumers to pay premium annual fees for differentiated benefits. The narrative reinforces the company’s premium-card strategy and customer growth potential. American Express CEO and premium card strategy
  • Neutral Sentiment: Management will participate in the Barclays Global Financial Services Conference on September 16. The event may provide updates on spending trends, credit quality and 2026 guidance, but no new financial outlook was announced. American Express Barclays conference announcement
  • Neutral Sentiment: American Express is among the holdings in US Financial 15 Split Corp., which declared a monthly preferred-share distribution. The announcement has no direct impact on AXP’s earnings or capital allocation. US Financial 15 preferred dividend announcement

American Express Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Express Company (NYSE:AXPFree Report).

Institutional Ownership by Quarter for American Express (NYSE:AXP)

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