21,693 Shares in American Express Company $AXP Purchased by Northstar Group Inc.

Northstar Group Inc. acquired a new stake in shares of American Express Company (NYSE:AXP) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,693 shares of the payment services company’s stock, valued at approximately $7,338,000. American Express makes up 0.9% of Northstar Group Inc.’s holdings, making the stock its 16th biggest position.

Several other large investors also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. raised its stake in shares of American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 66 shares in the last quarter. Joseph Group Capital Management bought a new position in American Express in the fourth quarter worth approximately $26,000. Sfam LLC bought a new position in American Express in the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new position in American Express during the 4th quarter worth $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in American Express during the 3rd quarter worth $28,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting American Express

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

• Positive Sentiment: Expanded virtual-card capabilities: AXP is making American Express Virtual Cards available through its @ Work platform for U.S. corporate customers. The products offer adjustable spending limits, enhanced fraud protection and easier expense management, potentially increasing commercial-payment volumes and customer retention. American Express expands virtual cards for US commercial customers
• Positive Sentiment: Premium travel ecosystem strengthened: American Express added 350 luxury hotels across 116 countries to the Platinum Card travel program. More curated booking options could improve the value proposition of its premium cards, support spending and help justify annual fees. American Express adds 350 luxury hotels to Platinum Card travel program
• Positive Sentiment: Evidence of loyalty-driven spending: United Airlines’ results highlighted how American Express perks can help capture premium travel spending, even without a United co-branded card. The example supports AXP’s broader strategy of using travel benefits and partnerships to attract affluent customers. Popular legacy airline captures premium spend because of American Express perks
• Positive Sentiment: Constructive analyst outlook: Piper Sandler forecast meaningful appreciation potential for AXP shares, providing a positive signal following the company’s recent earnings beat and continued revenue growth. Piper Sandler Forecasts Strong Price Appreciation for American Express Stock
• Neutral Sentiment: Capital structure update: AXP issued Series E preferred shares and announced full redemption of Series D preferred shares. The move may improve funding flexibility, but it also adds preferred financing obligations and has limited direct impact on common-share earnings. American Express Issues New Series E Preferred Shares
• Neutral Sentiment: Mixed analyst sentiment: Coverage of AXP showed differing views, suggesting valuation and expectations remain areas of debate despite the company’s strong operating trends. Analysts Have Conflicting Sentiments on American Express

American Express Stock Performance

Shares of NYSE:AXP opened at $342.27 on Friday. The company has a market capitalization of $231.14 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 1.39 and a beta of 1.04. American Express Company has a 52 week low of $290.97 and a 52 week 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. The firm has a 50 day moving average of $341.33 and a 200 day moving average of $327.58.

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 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 business had revenue of $14.99 billion for the quarter, compared to analysts’ expectations of $19.70 billion. During the same quarter last year, the firm earned $4.08 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, 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 disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express’s dividend payout ratio is 23.06%.

Analyst Ratings Changes

Several equities research analysts have weighed in on AXP shares. Loop Capital began coverage on American Express in a report on Thursday, May 21st. They issued a “buy” rating and a $389.00 target price for the company. Truist Financial increased their price target on American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Weiss Ratings restated a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. DZ Bank upgraded American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a report on Thursday, June 18th. Finally, Morgan Stanley lowered their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $373.32.

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.