OneDigital Investment Advisors LLC Invests $6.55 Million in American Express Company $AXP

OneDigital Investment Advisors LLC bought a new stake in American Express Company (NYSE:AXP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,365 shares of the payment services company’s stock, valued at approximately $6,550,000.

A number of other large investors have also recently bought and sold shares of the stock. Cornerstone Advisory LLC increased its position in American Express by 2.9% during the fourth quarter. Cornerstone Advisory LLC now owns 1,017 shares of the payment services company’s stock worth $376,000 after buying an additional 29 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its position 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 valued at $323,000 after acquiring an additional 29 shares in the last quarter. Dover Advisors LLC boosted its stake in shares of American Express by 0.4% during the fourth quarter. Dover Advisors LLC now owns 7,977 shares of the payment services company’s stock valued at $2,951,000 after acquiring an additional 29 shares during the last quarter. Invenio Wealth Partners LLC boosted its stake in shares of American Express by 3.9% during the third quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock valued at $258,000 after acquiring an additional 29 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in American Express by 1.0% during the 4th 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 in the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Stock Performance

Shares of NYSE:AXP opened at $342.27 on Monday. The company has a market cap of $231.14 billion, a P/E ratio of 20.77, a PEG ratio of 1.38 and a beta of 1.04. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express Company has a one year low of $290.97 and a one year high of $387.49. The business’s 50-day simple moving average is $341.33 and its 200 day simple moving average is $327.33.

American Express (NYSE:AXP) last issued its quarterly earnings data 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 $14.99 billion during 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%. American Express’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the company earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts forecast that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders 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 annualized dividend and a dividend yield of 1.1%. American Express’s dividend payout ratio is 23.06%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group upgraded shares of American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Royal Bank Of Canada cut American Express from a “moderate buy” rating to a “hold” rating in a report on Monday, July 13th. Loop Capital initiated coverage on American Express in a research report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price objective for the company. Barclays upped their target price on American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, HSBC increased their target price on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $373.32.

Key American Express News

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

• Positive Sentiment: Expanded virtual-card capabilities: AXP is making American Express Virtual Cards available through its @ Work platform for U.S. corporate customers. The products offer adjustable spending limits, enhanced fraud protection and easier expense management, potentially increasing commercial-payment volumes and customer retention. American Express expands virtual cards for US commercial customers
• Positive Sentiment: Premium travel ecosystem strengthened: American Express added 350 luxury hotels across 116 countries to the Platinum Card travel program. More curated booking options could improve the value proposition of its premium cards, support spending and help justify annual fees. American Express adds 350 luxury hotels to Platinum Card travel program
• Positive Sentiment: Evidence of loyalty-driven spending: United Airlines’ results highlighted how American Express perks can help capture premium travel spending, even without a United co-branded card. The example supports AXP’s broader strategy of using travel benefits and partnerships to attract affluent customers. Popular legacy airline captures premium spend because of American Express perks
• Positive Sentiment: Constructive analyst outlook: Piper Sandler forecast meaningful appreciation potential for AXP shares, providing a positive signal following the company’s recent earnings beat and continued revenue growth. Piper Sandler Forecasts Strong Price Appreciation for American Express Stock
• Neutral Sentiment: Capital structure update: AXP issued Series E preferred shares and announced full redemption of Series D preferred shares. The move may improve funding flexibility, but it also adds preferred financing obligations and has limited direct impact on common-share earnings. American Express Issues New Series E Preferred Shares
• Neutral Sentiment: Mixed analyst sentiment: Coverage of AXP showed differing views, suggesting valuation and expectations remain areas of debate despite the company’s strong operating trends. Analysts Have Conflicting Sentiments on American Express

American Express Company 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.