Foster & Motley Inc. Buys New Stake in American Express Company $AXP

Foster & Motley Inc. purchased a new stake in American Express Company (NYSE:AXP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,647 shares of the payment services company’s stock, valued at approximately $557,000.

Several other institutional investors and hedge funds have also made changes to their positions in AXP. Evolution Wealth Management Inc. raised its holdings in 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 worth $25,000 after purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new position in shares of American Express in the 4th quarter valued at $26,000. Sfam LLC acquired a new position in shares of American Express in the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of American Express in the 4th quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of American Express in the 4th quarter valued at $29,000. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Trading Up 0.4%

Shares of AXP stock opened at $339.90 on Thursday. The business’s 50 day moving average is $342.72 and its two-hundred day moving average is $326.91. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a market capitalization of $229.54 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 1.36 and a beta of 1.04. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS 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 $19.64 billion during the quarter, compared to analysts’ expectations of $19.70 billion. During the same quarter in the prior year, the business earned $4.08 earnings per share. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts forecast that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were given a dividend of $0.95 per share. 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 is presently 23.06%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AXP shares. Morgan Stanley reduced their price target on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a research report on Monday, July 27th. Bank of America lifted their target price on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. BTIG Research reduced 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. Guggenheim started coverage on American Express in a research report on Monday, July 13th. They issued a “buy” rating for the company. Finally, Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. One 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $373.32.

Key Headlines Impacting American Express

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

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.