Private Advisory Group LLC Makes New $12.92 Million Investment in American Express Company $AXP

Private Advisory Group LLC purchased a new position in shares of American Express Company (NYSE:AXP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,198 shares of the payment services company’s stock, valued at approximately $12,920,000.

A number of other hedge funds have also recently made changes to their positions in the business. Cornerstone Advisory LLC lifted its holdings in shares of American Express by 2.9% in the 4th quarter. Cornerstone Advisory LLC now owns 1,017 shares of the payment services company’s stock worth $376,000 after acquiring an additional 29 shares during the last quarter. Total Clarity Wealth Management Inc. grew its holdings in shares of American Express by 3.4% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 874 shares of the payment services company’s stock worth $323,000 after purchasing an additional 29 shares during the last quarter. Dover Advisors LLC grew its holdings in shares of American Express by 0.4% in the fourth quarter. Dover Advisors LLC now owns 7,977 shares of the payment services company’s stock worth $2,951,000 after purchasing an additional 29 shares during the last quarter. Invenio Wealth Partners LLC grew its holdings in shares of American Express by 3.9% in the third quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock worth $258,000 after purchasing an additional 29 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of American Express by 1.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,167 shares of the payment services company’s stock worth $1,172,000 after purchasing an additional 30 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

Trending Headlines about American Express

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

• Positive Sentiment: Expanded corporate payments capabilities: American Express is embedding virtual cards more deeply into its U.S. commercial-payment tools, including the @ Work platform and Conferma for business travel. The strategy could improve security, simplify expense management and increase customer retention, strengthening Amex’s competitive position in premium corporate payments. Is American Express’ Expanded Virtual Cards Strategy Deepening Its Corporate Moat in Premium Payments?
• Positive Sentiment: New St Andrews partnership: American Express became the official payments partner of St Andrews Links, expanding its sports and lifestyle marketing platform. The agreement may support international brand visibility, card-member engagement and premium travel-related spending, though the near-term financial impact is likely limited. American Express and St Andrews Links Trust Announce Partnership
• Positive Sentiment: Premium-card momentum and younger customers: A profile of CEO Steve Squeri highlights Amex’s success attracting millennials and Generation Z to high-fee products such as the Platinum card. Continued acceptance of premium annual fees would support spending growth, fee revenue and the company’s long-term brand positioning. The American Express CEO Defied Haters
• Neutral Sentiment: Upcoming investor presentation: Management will participate in the Barclays Global Financial Services Conference on September 16. Investors may receive updated commentary on spending trends, credit quality and 2026 guidance, but no new information was announced today. American Express to Participate in Barclays Global Financial Services Conference
• Neutral Sentiment: Limited indirect items: American Express is included among the holdings of US Financial 15 Split Corp., while Berkshire Hathaway’s portfolio is becoming more concentrated in Dow components. These developments offer little direct information about AXP’s fundamentals or valuation.

Wall Street Analysts Forecast Growth

AXP has been the topic of several recent analyst reports. UBS Group cut their target price on shares of American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target for the company. JPMorgan Chase & Co. raised American Express from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $328.00 to $400.00 in a research note on Monday, July 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. Finally, HSBC raised their price objective on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $373.32.

American Express Stock Performance

NYSE AXP traded up $1.38 during trading hours on Wednesday, hitting $339.90. The company’s stock had a trading volume of 2,538,525 shares, compared to its average volume of 3,294,725. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The company’s 50 day simple moving average is $342.20 and its two-hundred day simple moving average is $327.04. The company has a market cap of $229.54 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 1.38 and a beta of 1.04. 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 (NYSE:AXP) last released its quarterly earnings data 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 company had revenue of $19.64 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same period last year, the company earned $4.08 EPS. American Express’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. As a group, sell-side analysts expect that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders 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 payout ratio is currently 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.