a16z Perennial Management L.P. Buys 116,030 Shares of American Express Company $AXP

a16z Perennial Management L.P. increased its position in American Express Company (NYSE:AXP) by 17,113.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 116,708 shares of the payment services company’s stock after purchasing an additional 116,030 shares during the period. American Express comprises about 2.9% of a16z Perennial Management L.P.’s investment portfolio, making the stock its 8th biggest holding. a16z Perennial Management L.P.’s holdings in American Express were worth $35,302,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. raised its position in American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after purchasing an additional 66 shares during the last quarter. Joseph Group Capital Management bought a new position in American Express in the 4th quarter valued at $26,000. Sfam LLC bought a new position in American Express in the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express in the 4th quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of American Express during the third quarter worth $28,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Price Performance

NYSE:AXP opened at $351.01 on Wednesday. The company has a market cap of $239.50 billion, a P/E ratio of 21.90, a P/E/G ratio of 1.42 and a beta of 1.04. The firm’s fifty day moving average price is $330.91 and its two-hundred day moving average price is $330.74. American Express Company has a one year low of $288.34 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56.

American Express (NYSE:AXP) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The firm had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts expect that American Express Company will post 17.67 earnings per share for the current year.

American Express Dividend Announcement

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 given a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. American Express’s payout ratio is presently 23.71%.

Analyst Upgrades and Downgrades

Several brokerages have commented on AXP. Evercore assumed coverage on shares of American Express in a research report on Monday, July 13th. They set a “neutral” rating for the company. Barclays lifted their price objective on American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group increased their target price on American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. TD Cowen raised their target price on American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a report on Tuesday, July 7th. Finally, Piper Sandler cut American Express from an “overweight” rating to a “hold” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, American Express has an average rating of “Moderate Buy” and a consensus target price of $374.11.

Key American Express News

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

• Positive Sentiment: American Express and Bottomline announced an expanded partnership to improve B2B payment connectivity through Buyer Initiated Payments, adding new payment and automated invoice reporting capabilities that could support long-term transaction growth. Bottomline and American Express Partner to Expand B2B Payment Connectivity Through Paymode
• Positive Sentiment: Amex said its new B2B payment feature and reporting tools are designed to make invoice-based payments easier for buyers and suppliers, which could strengthen customer retention and commercial payments usage. American Express Launches Intelligent Capabilities to Help Streamline Buyer and Supplier Payments
• Neutral Sentiment: Investors are also focused on AXP’s second-quarter 2026 earnings report due July 24, with consensus calling for $4.40 in EPS and $19.62 billion in revenue, making the stock sensitive to any guidance or performance surprise. Can AmEx Beat Q2 Earnings on Higher Network Volumes & Interest Income?
• Neutral Sentiment: KEO Capital also renewed its American Express licensing agreement in Mexico, reinforcing a long-running partnership and suggesting continued international commercial card activity. KEO Capital Renews American Express Licensing Agreement in Mexico
• Negative Sentiment: Some market commentary continues to compare AXP unfavorably with Visa, noting Visa’s asset-light model and AI/payment initiatives as potential reasons it may be viewed as the stronger long-term pick. Visa vs. American Express: Which Payments Giant Is the Better Pick?

American Express 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.