Arrowstreet Capital Limited Partnership Makes New $52.17 Million Investment in American Express Company $AXP

Arrowstreet Capital Limited Partnership bought a new position in American Express Company (NYSE:AXP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 172,464 shares of the payment services company’s stock, valued at approximately $52,167,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in American Express in the fourth quarter worth $2,464,215,000. Capital World Investors lifted its position in shares of American Express by 46.7% in the 4th 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 last quarter. Pictet Asset Management Holding SA lifted its position in shares of American Express by 73.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,451,606 shares of the payment services company’s stock worth $438,975,000 after buying an additional 616,498 shares during the last quarter. Bank of America Corp DE boosted its holdings 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 buying an additional 558,533 shares during the period. Finally, Amundi grew its position in shares of American Express by 23.9% during the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock valued at $925,449,000 after buying an additional 537,205 shares during the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Trading Up 2.9%

Shares of NYSE:AXP opened at $335.63 on Tuesday. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The company has a current ratio of 1.63, a quick ratio of 1.62 and a debt-to-equity ratio of 1.66. The firm has a market cap of $229.01 billion, a P/E ratio of 20.37, a P/E/G ratio of 1.31 and a beta of 1.04. The company has a 50 day moving average of $332.96 and a 200-day moving average of $329.64.

American Express (NYSE:AXP) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts anticipate that American Express Company will post 17.68 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio (DPR) is currently 23.71%.

More American Express News

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

• Positive Sentiment: American Express reported second-quarter adjusted earnings of $4.53 per share, ahead of the $4.41 consensus estimate, while revenue increased 10% year over year. Management maintained its 2026 earnings outlook of $17.30–$17.90 per share. American Express Just Reported Its Second Quarter
• Positive Sentiment: Management raised or reaffirmed its 2026 revenue-growth outlook at approximately 10%, with analysts viewing planned investment in customers, technology and strategic capabilities as constructive for sustaining long-term growth. One analyst retained a $415 price target. AXP Q2 Earnings Call Highlights Reinvestment Strategy
• Positive Sentiment: Strong card-fee performance and spending by premium customers suggest American Express continues to benefit from affluent borrowers, supporting its differentiated business model. Warren Buffett’s long-term ownership was also highlighted as a sign of the company’s compounding potential. Meet the Dividend Growth Stock That Warren Buffett Held for Decades
• Neutral Sentiment: Several research reports describe AXP as a high-quality franchise with durable revenue momentum, but valuation has become a key consideration after the stock’s strong performance. American Express: A Strong Business Model That Delivers
• Negative Sentiment: Investors were concerned that operating expenses are rising as American Express reinvests for growth. Although earnings exceeded expectations, reported sales of roughly $14.99 billion were below consensus, and analysts trimmed forecasts after the quarter. Analysts Cut Forecasts Following Q2 Earnings
• Negative Sentiment: BTIG Research lowered its price target from $324 to $315 and assigned a sell rating, reinforcing concerns that the shares may be fully valued and that near-term expense growth could weigh on earnings.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Barclays raised their target price on shares of American Express from $322.00 to $364.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Benchmark initiated coverage on American Express in a research report on Monday, July 13th. They set a “buy” rating on the stock. Bank of America raised their price target on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Weiss Ratings restated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. Finally, Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $372.95.

About American Express

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.