Two Sigma Securities LLC Invests $1.92 Million in American Express Company $AXP

Two Sigma Securities LLC acquired a new stake in American Express Company (NYSE:AXP) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 5,661 shares of the payment services company’s stock, valued at approximately $1,915,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dover Advisors LLC raised its position in American Express by 0.4% in the 4th quarter. Dover Advisors LLC now owns 7,977 shares of the payment services company’s stock valued at $2,951,000 after purchasing an additional 29 shares in the last quarter. Invenio Wealth Partners LLC grew its position in shares of American Express by 3.9% during the third quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock worth $258,000 after buying an additional 29 shares in the last quarter. Strait & Sound Wealth Management LLC grew its position in shares of American Express by 2.7% during the fourth quarter. Strait & Sound Wealth Management LLC now owns 1,137 shares of the payment services company’s stock worth $421,000 after buying an additional 30 shares in the last quarter. Onyx Bridge Wealth Group LLC increased its stake in shares of American Express by 3.6% during the first quarter. Onyx Bridge Wealth Group LLC now owns 869 shares of the payment services company’s stock worth $263,000 after buying an additional 30 shares during the period. Finally, IMG Wealth Management Inc. increased its stake in shares of American Express by 6.3% during the fourth quarter. IMG Wealth Management Inc. now owns 541 shares of the payment services company’s stock worth $200,000 after buying an additional 32 shares during the period. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Price Performance

Shares of NYSE:AXP opened at $333.64 on Monday. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. The firm has a market capitalization of $225.31 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.35 and a beta of 1.04. The company’s fifty day moving average price is $342.85 and its 200 day moving average price is $325.95.

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, beating analysts’ consensus estimates of $4.41 by $0.12. The firm had revenue of $19.64 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the firm earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AXP shares. Loop Capital initiated 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 increased their price objective 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. TD Cowen lifted their price objective 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. Jefferies Financial Group upgraded shares of American Express from a “hold” rating to a “buy” rating in a research note on Monday, July 13th. Finally, UBS Group dropped their target price on American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, American Express has an average rating of “Moderate Buy” and a consensus price target of $373.32.

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.