AXP stock icon

American Express
AXP

$244.06
3.09%

Market Cap: $174B

 

About: American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

Employees: 74,600

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 149

10% more call options, than puts

Call options by funds: $2.64B | Put options by funds: $2.39B

1% more funds holding

Funds holding: 2,253 [Q1] → 2,272 (+19) [Q2]

1% more capital invested

Capital invested by funds: $139B [Q1] → $140B (+$862M) [Q2]

0.73% less ownership

Funds ownership: 84.57% [Q1] → 83.84% (-0.73%) [Q2]

8% less funds holding in top 10

Funds holding in top 10: 74 [Q1] → 68 (-6) [Q2]

10% less repeat investments, than reductions

Existing positions increased: 806 | Existing positions reduced: 898

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$223
9%
downside
Avg. target
$260
6%
upside
High target
$285
17%
upside

11 analyst ratings

positive
55%
neutral
45%
negative
0%
B of A Securities
Kenneth Bruce
100% 1-year accuracy
1 / 1 met price target
8%upside
$263
Neutral
Downgraded
21 Aug 2024
Monness, Crespi, Hardt
Gus Gala
44% 1-year accuracy
4 / 9 met price target
9%upside
$265
Buy
Maintained
22 Jul 2024
B of A Securities
Kenneth Bruce
100% 1-year accuracy
1 / 1 met price target
8%upside
$263
Buy
Maintained
22 Jul 2024
RBC Capital
Jon Arfstrom
78% 1-year accuracy
40 / 51 met price target
9%upside
$267
Outperform
Maintained
22 Jul 2024
Compass Point
David Rochester
71% 1-year accuracy
5 / 7 met price target
7%upside
$260
Neutral
Initiated
16 Jul 2024

Financial journalist opinion

Based on 53 articles about AXP published over the past 30 days