American Express Company $AXP Shares Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. lifted its stake in American Express Company (NYSE:AXP) by 610.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 22,432 shares of the payment services company’s stock after acquiring an additional 19,274 shares during the period. Edgestream Partners L.P.’s holdings in American Express were worth $6,785,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of AXP. Norges Bank purchased a new position in shares of American Express in the fourth quarter worth $2,464,215,000. Capital World Investors lifted its stake in shares of American Express by 46.7% during the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after buying an additional 2,393,340 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of American Express by 350.0% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,236,438 shares of the payment services company’s stock valued at $373,998,000 after buying an additional 961,698 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of American Express by 73.8% during the first quarter. Pictet Asset Management Holding SA now owns 1,451,606 shares of the payment services company’s stock valued at $438,975,000 after buying an additional 616,498 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of American Express by 7.7% in the 4th quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock valued at $2,904,218,000 after acquiring an additional 558,533 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AXP. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Wells Fargo & Company dropped their price target on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. The Goldman Sachs Group increased their price objective on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. BTIG Research reduced their price objective on American Express from $324.00 to $315.00 and set a “sell” rating for the company in a research note on Monday. Finally, Jefferies Financial Group raised American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Express currently has a consensus rating of “Moderate Buy” and a consensus target price of $372.95.

American Express Price Performance

Shares of NYSE AXP opened at $337.50 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.62. The stock has a market capitalization of $227.92 billion, a price-to-earnings ratio of 20.48, a PEG ratio of 1.34 and a beta of 1.04. The firm’s 50 day simple moving average is $334.47 and its 200-day simple moving average is $328.71. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49.

American Express (NYSE:AXP) last posted its earnings results 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. American Express had a net margin of 15.07% and a return on equity of 34.12%. The firm had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. During the same period in the previous year, the business posted $4.08 EPS. The business’s revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts expect that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s dividend payout ratio is presently 23.06%.

Key Stories Impacting American Express

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

• Positive Sentiment: Strong earnings and guidance support sentiment: American Express exceeded second-quarter EPS expectations, with earnings of $4.53 versus the $4.41 consensus estimate. Revenue increased 10% year over year, and the company raised its full-year revenue outlook, reinforcing expectations for continued growth. Jim Cramer says this post-earnings sell-off is a golden buying opportunity
• Positive Sentiment: Analysts and investors see a buying opportunity: Jim Cramer characterized the recent post-earnings weakness as an opportunity, while other coverage highlights AmEx’s premium customer base, spending resilience and long-term growth potential. Jim Cramer says American Express post-earnings sell-off is a buying opportunity
• Positive Sentiment: Durable competitive advantages remain a key thesis: Articles point to AmEx’s ability to attract and retain card members across generations, its premium lending model and its “moat” in payments—factors that could support pricing power, customer spending and recurring fee revenue. Does This Top Warren Buffett Stock Have the Widest Moat in Payments?
• Positive Sentiment: Strategic partnerships and technology add growth opportunities: AmEx’s long-running Delta partnership generates significant revenue for the airline, while American Express Global Business Travel launched an AI connector allowing Claude users to book and manage compliant corporate travel. These initiatives could deepen customer engagement and expand travel-related volume. Amex GBT Empowers Claude to Book Corporate Travel
• Neutral Sentiment: Industry results provide a mixed read-through: Mastercard’s strong cross-border volume and services growth suggest healthy payments demand, although Mastercard’s performance does not directly change American Express’s results. Mastercard Beats Q2 Earnings on Solid Cross-Border Volume Growth
• Negative Sentiment: BTIG lowered its American Express price target to $315: The target reduction may weigh on sentiment and signals that valuation or near-term risks remain concerns, even though the target still reflects the firm’s updated view rather than a change to the company’s operating results. BTIG Research Lowers American Express Price Target to $315.00

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.