Northcape Wealth Management LLC Takes Position in American Express Company $AXP

Northcape Wealth Management LLC bought a new position in American Express Company (NYSE:AXP) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,527 shares of the payment services company’s stock, valued at approximately $1,870,000.

Several other hedge funds also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. bought a new stake in shares of American Express in the 2nd quarter worth $737,000. Uptick Partners LLC acquired a new position in American Express during the second quarter worth about $201,000. CM Wealth Advisors LLC bought a new stake in American Express in the second quarter worth about $235,000. Csenge Advisory Group bought a new stake in American Express in the second quarter worth about $1,379,000. Finally, Planning Directions Inc. acquired a new stake in American Express in the 2nd quarter valued at about $227,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on AXP. Guggenheim began coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. HSBC upped their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. Evercore set a $370.00 price objective on American Express in a research report on Monday, July 27th. Finally, UBS Group reduced their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express Trading Up 0.4%

American Express stock opened at $339.90 on Thursday. The company has a 50 day moving average price of $342.72 and a 200 day moving average price of $326.91. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. The firm has a market capitalization of $229.54 billion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 1.36 and a beta of 1.04.

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. The company had revenue of $19.64 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company’s revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued 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 dividend yield of 1.1%. American Express’s payout ratio is currently 23.06%.

Trending Headlines about 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

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.