West Branch Capital LLC Sells 1,898 Shares of American Express Company $AXP

West Branch Capital LLC cut its stake in American Express Company (NYSE:AXP) by 76.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 600 shares of the payment services company’s stock after selling 1,898 shares during the period. West Branch Capital LLC’s holdings in American Express were worth $203,000 at the end of the most recent quarter.

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

More American Express News

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

• Positive Sentiment: Amex Ventures invests in Fazeshift’s artificial-intelligence platform. American Express’ corporate venture arm backed Fazeshift, an AI-native company automating accounts-receivable workflows. The funding will support expansion into additional finance operations, potentially giving AXP early exposure to technologies that could improve business-payment products and strengthen its commercial-services ecosystem. Amex Ventures Funds Fazeshift’s Agentic AI Expansion Beyond Accounts Receivable
• Positive Sentiment: Expanded US Open benefits support Amex’s premium-brand strategy. New 2026 US Open offerings include lounges, hospitality, merchandise, transportation-related perks and exclusive experiences for card members. The program may help drive engagement, spending and customer retention, particularly among higher-income customers, although the direct financial impact is likely limited in the near term. American Express Unveils New Tennis Experiences for All Fans
• Neutral Sentiment: Recent fundamentals remain supportive but valuation leaves less room for disappointment. AXP’s latest quarterly results exceeded EPS expectations, with earnings of $4.53 per share versus the $4.41 consensus, while revenue increased 10% year over year. Management’s fiscal 2026 EPS outlook of $17.30–$17.90 provides a growth framework, but the stock’s premium valuation means investors will likely continue watching spending trends, credit quality and execution closely.
• Negative Sentiment: A report that billionaire Lord Sugar was denied a higher credit limit highlights Amex’s underwriting discipline. The isolated anecdote is unlikely to affect earnings, but it could draw attention to credit-limit controls and customer-service decisions. Billionaire Lord Sugar denied Amex credit limit increase

Analysts Set New Price Targets

A number of brokerages recently issued reports on AXP. UBS Group lowered their price target on American Express from $386.00 to $384.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. BTIG Research lowered their target price on American Express from $324.00 to $315.00 and set a “sell” rating for the company in a report on Monday, July 27th. Barclays increased their price target on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. HSBC raised their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven 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 a consensus target price of $372.84.

American Express Trading Up 0.6%

Shares of NYSE:AXP opened at $340.97 on Wednesday. The business’s 50-day moving average is $339.21 and its 200 day moving average is $327.77. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49. The firm has a market capitalization of $230.26 billion, a P/E ratio of 20.69, a P/E/G ratio of 1.37 and a beta of 1.04.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter last year, the company earned $4.08 earnings per share. The company’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. On average, research analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Dividend Announcement

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

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.