Maridea Wealth Management LLC Invests $837,000 in American Express Company $AXP

Posted by Brenda Bartman on Aug 16th, 2026

American Express logo Maridea Wealth Management LLC acquired a new position in shares of American Express Company (NYSE:AXP – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,474 shares of the payment services company’s stock, valued at approximately $837,000.

Several other large investors have also recently modified their holdings of the stock. Libra Wealth LLC bought a new position in shares of American Express during the 2nd quarter valued at approximately $429,000. Bridgewater Advisors Inc. bought a new position in shares of American Express during the 2nd quarter valued at approximately $4,781,000. BIP Wealth LLC bought a new position in shares of American Express during the 2nd quarter valued at approximately $994,000. Phillips Financial Management LLC bought a new position in shares of American Express during the 2nd quarter valued at approximately $229,000. Finally, Trifecta Capital Advisors LLC bought a new position in shares of American Express during the 2nd quarter valued at approximately $195,000. Institutional investors own 84.33% of the company’s stock.

American Express Stock Up 0.4%

Shares of AXP traded up $1.38 during midday trading on Wednesday, reaching $339.90. 2,538,525 shares of the stock were exchanged, compared to its average volume of 3,294,725. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $229.54 billion, a P/E ratio of 20.62, a PEG ratio of 1.38 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 company’s 50 day moving average is $342.20 and its two-hundred day moving average is $327.04.

American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The firm 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 quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the business posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors 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 dividend payout ratio is 23.06%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Loop Capital started coverage on American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price for the company. Evercore set a $370.00 price target on shares of American Express in a report on Monday, July 27th. BTIG Research cut their price target on shares of American Express from $324.00 to $315.00 and set a “sell” rating on the stock in a report on Monday, July 27th. Barclays upped their price target on shares of American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. upgraded shares of 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, American Express currently has an average rating of “Moderate Buy” and a consensus price target of $373.32.

Check Out Our Latest Research Report on AXP

Key American Express News

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.

About American Express

(Free Report)

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.