Capital Square LLC Invests $592,000 in American Express Company $AXP

Capital Square LLC purchased a new position in 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 1,690 shares of the payment services company’s stock, valued at approximately $592,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after purchasing an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC lifted its position in American Express by 13.0% during the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in American Express during the second quarter worth $428,000. Howland Capital Management LLC boosted its stake in American Express by 4.2% during the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after buying an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC grew its holdings in American Express by 19.9% in the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock valued at $924,000 after buying an additional 481 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Truist Financial boosted their price target on shares of American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Barclays lifted their target price on shares of American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. BTIG Research dropped their price target on shares of American Express from $324.00 to $315.00 and set a “sell” rating for the company in a research note on Monday, July 27th. UBS Group decreased their price objective on American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Finally, Bank of America increased their price target on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.32.

American Express Price Performance

Shares of NYSE:AXP opened at $336.00 on Monday. The firm’s 50 day moving average price is $343.19 and its 200 day moving average price is $326.65. The stock has a market cap of $226.90 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 1.36 and a beta of 1.04. American Express Company has a fifty-two week low of $290.97 and a fifty-two 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.

American Express (NYSE:AXP) last posted 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 net margin of 15.07% and a return on equity of 34.12%. The company had revenue of $19.64 billion during the quarter, compared to analysts’ expectations of $19.70 billion. During the same quarter in the previous year, the business posted $4.08 EPS. The firm’s 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. As a group, equities research analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders 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 currently 23.06%.

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.