NBH Bank Makes New $627,000 Investment in American Express Company $AXP

NBH Bank acquired a new position in shares of American Express Company (NYSE:AXP) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,854 shares of the payment services company’s stock, valued at approximately $627,000.

A number of other institutional investors also recently modified their holdings of AXP. MW Advisory LLC acquired a new position in American Express in the second quarter worth $328,000. Markowski Investments bought a new position in shares of American Express in the second quarter valued at about $178,000. Old Mission Investment Co LLC bought a new position in shares of American Express in the second quarter valued at about $1,476,000. Blalock Williams LLC lifted its position in American Express by 2.8% during the 2nd quarter. Blalock Williams LLC now owns 2,275 shares of the payment services company’s stock worth $770,000 after buying an additional 61 shares in the last quarter. Finally, Sensenig Capital Advisors Inc acquired a new stake in American Express in the 2nd quarter valued at about $205,000. Institutional investors own 84.33% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. DZ Bank upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a research report on Thursday, June 18th. Truist Financial boosted their price objective on shares of American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Guggenheim started coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. Finally, Bank of America lifted their target price on American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, American Express currently has an average rating of “Moderate Buy” and an average price target of $373.32.

American Express Price Performance

AXP opened at $326.11 on Friday. The company has a fifty day moving average price of $341.66 and a two-hundred day moving average price of $325.37. The firm has a market capitalization of $220.23 billion, a PE ratio of 19.79, a P/E/G ratio of 1.39 and a beta of 1.05. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. 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) last posted its quarterly 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 return on equity of 34.12% and a net margin of 15.07%.The company had revenue of $19.64 billion for the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter in the prior year, the business posted $4.08 EPS. The firm’s quarterly revenue 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 anticipate that American Express Company will post 17.68 earnings per share for the current year.

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.