Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 66,550 Shares of American Express Company $AXP

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in American Express Company (NYSE:AXP) by 72.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 158,373 shares of the payment services company’s stock after buying an additional 66,550 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in American Express were worth $47,905,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC boosted its position in American Express by 303.5% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 19,944 shares of the payment services company’s stock worth $6,033,000 after acquiring an additional 15,001 shares during the last quarter. Sharp Wealth Advisory LLC acquired a new stake in shares of American Express in the first quarter valued at approximately $353,000. Platform Technology Partners lifted its position in shares of American Express by 9.2% in the first quarter. Platform Technology Partners now owns 3,737 shares of the payment services company’s stock worth $1,130,000 after purchasing an additional 315 shares in the last quarter. DSG Capital Advisors LLC lifted its position in shares of American Express by 15.1% in the first quarter. DSG Capital Advisors LLC now owns 7,293 shares of the payment services company’s stock worth $2,206,000 after purchasing an additional 956 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its holdings in American Express by 106.1% during the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 1,008 shares of the payment services company’s stock worth $305,000 after purchasing an additional 519 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: Piper Sandler upgraded American Express (AXP) from neutral to strong-buy, signaling growing analyst confidence in the company’s outlook.
• Positive Sentiment: American Express and Apple Pay launched a “Use Pay with Points” feature, letting card members redeem Membership Rewards points at checkout, which could strengthen customer engagement and boost card usage.
• Positive Sentiment: American Express, Resy, and the National Restaurant Association Educational Foundation launched Restaurant Academy, a new program that supports restaurant operators and reinforces AXP’s merchant relationships.
• Positive Sentiment: Several recent articles highlighted American Express as an undervalued Dow stock and a long-term Buffett holding, reinforcing the view that the stock still has room to run.
• Neutral Sentiment: Wall Street expects American Express to report second-quarter EPS growth in the single digits, suggesting steady but not explosive earnings momentum ahead of the upcoming results.
• Neutral Sentiment: BTIG raised its price target on AXP to $324 from $285, but kept a Sell rating, showing that even some higher target revisions are coming with caution.
• Negative Sentiment: A 247WallSt comparison piece argued Mastercard’s network-fee model offers lower risk and better margin insulation than American Express’s credit-card business, highlighting a potential structural concern for AXP.

American Express Stock Performance

NYSE AXP opened at $351.66 on Friday. The firm has a market capitalization of $239.95 billion, a P/E ratio of 21.94, a price-to-earnings-growth ratio of 1.43 and a beta of 1.04. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The firm’s fifty day moving average price is $322.13 and its two-hundred day moving average price is $333.14. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49.

American Express (NYSE:AXP) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the prior year, the firm earned $3.64 EPS. American Express’s quarterly revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.65 EPS for the current year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be paid a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio is currently 23.71%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AXP shares. Loop Capital assumed coverage on shares of American Express in a research note on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target on the stock. Bank of America increased their price objective on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Barclays lowered their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Finally, Wells Fargo & Company dropped their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Express has a consensus rating of “Moderate Buy” and a consensus price target of $366.95.

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.