American Express Company $AXP Shares Bought by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH grew its holdings in American Express Company (NYSE:AXP) by 11.0% during the second quarter, HoldingsChannel reports. The firm owned 15,894 shares of the payment services company’s stock after acquiring an additional 1,569 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in American Express were worth $5,376,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AXP. Evolution Wealth Management Inc. raised its position in American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Joseph Group Capital Management acquired a new position in American Express during the fourth quarter worth $26,000. Sfam LLC purchased a new position in American Express during the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the fourth quarter worth about $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in American Express during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Trading Down 0.6%

NYSE:AXP opened at $334.03 on Friday. The company has a market capitalization of $225.57 billion, a PE ratio of 20.27, a P/E/G ratio of 1.36 and a beta of 1.04. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. The stock’s 50 day moving average price is $342.96 and its 200 day moving average price is $326.13. 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 issued its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. The company had revenue of $19.64 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts anticipate that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

The firm 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. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s dividend payout ratio (DPR) is presently 23.06%.

Wall Street Analyst Weigh In

AXP has been the subject of several recent research reports. Guggenheim assumed coverage on shares of American Express in a research report on Monday, July 13th. They issued a “buy” rating for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $328.00 to $400.00 in a report on Monday, July 13th. Benchmark began coverage on American Express in a research report on Monday, July 13th. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group upgraded 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, twelve have given 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

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.