Edmond DE Rothschild Holding S.A. purchased a new position in American Express Company (NYSE:AXP) in the 2nd quarter, HoldingsChannel reports. The fund purchased 2,178 shares of the payment services company’s stock, valued at approximately $737,000.
Other hedge funds have also modified their holdings of the company. Flputnam Investment Management Co. acquired a new stake in shares of American Express in the 2nd quarter valued at $12,879,000. Keybank National Association OH increased its holdings in American Express by 3.0% in the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after buying an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in American Express by 34.1% in 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 buying an additional 35,533 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in American Express by 6.2% during the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock worth $24,416,000 after buying an additional 3,855 shares during the last quarter. Finally, Thames Capital Management LLC boosted its position in shares of American Express by 189.6% during the 4th 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. 84.33% of the stock is currently owned by institutional investors and hedge funds.
American Express Price Performance
Shares of AXP opened at $331.99 on Friday. 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 Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a 50-day simple moving average of $342.98 and a 200-day simple moving average of $326.77. The company has a market capitalization of $224.20 billion, a price-to-earnings ratio of 20.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04.
American Express Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued a $0.95 dividend. The ex-dividend date of this dividend 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 presently 23.06%.
American Express News Summary
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express expanded its virtual-card capabilities for U.S. commercial customers through its @ Work platform and Conferma. The initiative could strengthen AXP’s position in corporate payments by improving security, spending controls, and integration with business and travel workflows. Is American Express’ Expanded Virtual Cards Strategy Deepening Its Corporate Moat in Premium Payments?
- Positive Sentiment: AXP became the official payments partner of St Andrews Links, expanding its premium sports and lifestyle partnership portfolio. The agreement may support international brand awareness, card-member engagement, and premium-card acquisition, although the near-term financial impact is likely limited. American Express and St Andrews Links Trust Announce Partnership
- Positive Sentiment: A recent profile highlighted CEO Steve Squeri’s strategy of attracting younger customers with premium products such as the Platinum Card. The company’s success with millennials and Gen Z supports the long-term value of its premium-card model. The American Express CEO Defied Haters
- Neutral Sentiment: Analyst opinions on American Express are mixed, indicating limited consensus on the stock’s valuation and outlook. Management is scheduled to participate in the Barclays Global Financial Services Conference on September 16, which could provide additional commentary on spending trends, credit quality, and guidance. Analysts’ Opinions Are Mixed on American Express American Express to Participate in Barclays Global Financial Services Conference
- Negative Sentiment: A 2026 Long Angle survey of more than 9,000 high-net-worth individuals found that Amex and Chase lagged other providers in loyalty, while Fidelity and Schwab ranked better in banking-related categories. The findings raise concerns about customer retention and competitive pressure in an important premium segment. Long Angle High-Net-Worth Study
Analysts Set New Price Targets
Several equities research analysts recently weighed in on AXP shares. UBS Group decreased their target price on American Express from $386.00 to $384.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. 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. TD Cowen lifted their price target on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. Bank of America boosted their price target on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Benchmark assumed coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. One investment 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. According to MarketBeat.com, American Express has an average rating of “Moderate Buy” and an average price target of $373.32.
View Our Latest Stock Analysis on AXP
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.
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