Entropy Technologies LP increased its position in American Express Company (NYSE:AXP) by 45.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,158 shares of the payment services company’s stock after buying an additional 18,290 shares during the period. American Express accounts for about 0.8% of Entropy Technologies LP’s investment portfolio, making the stock its 16th biggest position. Entropy Technologies LP’s holdings in American Express were worth $17,592,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of American Express during the 4th quarter worth approximately $2,464,215,000. Capital World Investors grew its holdings in shares of American Express by 46.7% in the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock valued at $2,780,424,000 after purchasing an additional 2,393,340 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of American Express by 350.0% in 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 purchasing an additional 961,698 shares in the last quarter. Pictet Asset Management Holding SA increased its position in American Express by 73.8% in the first quarter. Pictet Asset Management Holding SA now owns 1,451,606 shares of the payment services company’s stock worth $438,975,000 after purchasing an additional 616,498 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in American Express by 7.7% during the fourth 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 purchasing an additional 558,533 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. Benchmark assumed coverage on shares of American Express in a research report on Monday, July 13th. They set a “buy” rating on the stock. TD Cowen increased their price target on shares of American Express from $330.00 to $338.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. HSBC lifted their price target on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group upgraded American Express from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $374.11.
Key American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express beat Q2 EPS estimates with $4.53 per share and reported 10% year-over-year revenue growth, showing resilient demand from cardmembers. AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
- Positive Sentiment: The company raised its 2026 revenue growth forecast and guided full-year EPS to $17.30-$17.90, signaling confidence that premium card spending on travel and dining remains strong. American Express Reports Second-Quarter 2026 Financial Results
- Positive Sentiment: Management said cardmember spending stayed healthy, with strong travel and entertainment demand and continued strength among affluent customers, which supports revenue momentum. American Express Sales, Profit Rise on Higher Card Member Spending
- Neutral Sentiment: Analysts and market commentary suggest the stock reaction is being driven by an earnings-quality debate: investors liked the beat, but the market is questioning whether growth can continue while expenses rise. Why American Express Stock Fell 6.5% Friday Morning
- Negative Sentiment: Revenue came in below some Wall Street expectations, and reports highlighted softer net interest income and rising operating costs, which helped trigger selling despite the profit beat. American Express shares slip despite earnings beat as revenue falls short of forecasts
American Express Trading Down 4.4%
AXP stock opened at $325.86 on Friday. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The stock has a market capitalization of $222.34 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The firm’s fifty day simple moving average is $332.50 and its two-hundred day simple moving average is $330.33.
American Express (NYSE:AXP – Get Free Report) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. During the same quarter last year, the business earned $4.08 EPS. The business’s revenue was up 10.0% on a year-over-year basis. 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 17.67 earnings per share for the current year.
American Express Dividend Announcement
The company 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 of this dividend is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio (DPR) is presently 23.71%.
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.
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