West Family Investments Inc. Purchases New Stake in American Express Company $AXP

West Family Investments Inc. acquired a new position in American Express Company (NYSE:AXP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,509 shares of the payment services company’s stock, valued at approximately $510,000.

Several other institutional investors also recently made changes to their positions in the stock. Tacita Capital Inc acquired a new stake in shares of American Express in the second quarter valued at about $85,000. Knuff & Co LLC acquired a new position in American Express during the second quarter worth $3,566,000. NewEdge Wealth LLC purchased a new stake in American Express during the second quarter worth $8,181,000. Flossbach Von Storch SE purchased a new stake in shares of American Express in the 2nd quarter worth about $30,829,000. Finally, Empirical Asset Management LLC acquired a new stake in American Express in the 2nd quarter valued at about $789,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Trading Up 0.4%

Shares of American Express stock opened at $339.90 on Thursday. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a market cap of $229.54 billion, a PE ratio of 20.62, a P/E/G ratio of 1.36 and a beta of 1.04. The business’s fifty day moving average is $342.72 and its two-hundred day moving average is $326.91. 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:AXP) last announced its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. The business had revenue of $19.64 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 1.1%. American Express’s payout ratio is 23.06%.

More American Express News

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

Analyst Ratings Changes

AXP has been the subject of a number of research reports. Weiss Ratings restated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. BTIG Research reduced their price objective on American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a research report on Monday, July 27th. Piper Sandler increased their price objective on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Morgan Stanley cut their target price on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a research note on Monday, July 27th. Finally, TD Cowen upped their target price on shares of American Express from $330.00 to $338.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express 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.