Global Retirement Partners LLC Acquires Shares of 17,223 American Express Company $AXP

Posted by on Aug 17th, 2026

Global Retirement Partners LLC bought a new stake in American Express Company (NYSE:AXP) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 17,223 shares of the payment services company’s stock, valued at approximately $5,826,000.

Other large investors have also made changes to their positions in the company. Evolution Wealth Management Inc. lifted its holdings in American Express by 6,600.0% during the 4th 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 last quarter. Joseph Group Capital Management bought a new stake in American Express during the fourth quarter worth about $26,000. Sfam LLC acquired a new stake in shares of American Express during the fourth quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the fourth quarter worth approximately $28,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of American Express in the third quarter valued at approximately $28,000. Institutional investors own 84.33% of the company’s stock.

More 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

Analyst Ratings Changes

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised American Express from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $328.00 to $400.00 in a report on Monday, July 13th. UBS Group reduced their price objective on American Express from $386.00 to $384.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Truist Financial raised their target price on American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. 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 research report on Tuesday, July 7th. Finally, TD Cowen raised their price objective on shares of American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. One investment 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.32.

Check Out Our Latest Research Report on American Express

American Express Price Performance

Shares of AXP stock opened at $342.27 on Monday. 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 stock has a market cap of $231.14 billion, a PE ratio of 20.77, a PEG ratio of 1.38 and a beta of 1.04. The firm’s 50 day moving average price is $341.33 and its two-hundred day moving average price is $327.33.

American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same quarter in the prior year, the company posted $4.08 earnings per share. 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, analysts forecast that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The business also recently declared 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 of this dividend was Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s dividend payout ratio is 23.06%.

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.

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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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