American Express Company $AXP Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in American Express Company (AXP) by 3% in Q2, acquiring an additional 6,952 shares for a total of 237,297 shares valued at $80.3 million. American Express reported strong Q2 earnings, beating analyst estimates with $4.53 EPS and a 10% revenue increase to $19.64 billion, while maintaining a quarterly dividend of $0.95 per share. Analysts generally have a "Moderate Buy" rating for AXP, with an average price target of $373.32.