OP Asset Management Ltd Makes New $17.62 Million Investment in American Express Company $AXP

OP Asset Management Ltd purchased a new stake in American Express Company (NYSE:AXP) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 58,253 shares of the payment services company’s stock, valued at approximately $17,620,000.

Other large investors have also recently modified their holdings of the company. State Street Corp increased its position in shares of American Express by 1.3% in the fourth quarter. State Street Corp now owns 29,464,868 shares of the payment services company’s stock worth $10,900,528,000 after purchasing an additional 369,967 shares during the last quarter. Fisher Asset Management LLC raised its stake in American Express by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company’s stock valued at $3,338,238,000 after purchasing an additional 141,936 shares in the last quarter. Bank of America Corp DE lifted its position 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 during the last quarter. Capital World Investors grew its stake in 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 in the last quarter. Finally, Norges Bank purchased a new position in American Express in the 4th quarter worth approximately $2,464,215,000. Institutional investors own 84.33% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AXP. Loop Capital assumed coverage on shares of American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 price objective on the stock. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Wells Fargo & Company reduced their target price 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. Barclays lowered their price target 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, The Goldman Sachs Group lifted their price target on American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $361.55.

American Express Trading Up 1.4%

Shares of AXP stock opened at $342.55 on Thursday. The business has a 50-day moving average of $320.38 and a 200 day moving average of $334.40. 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 Company has a 1-year low of $288.34 and a 1-year high of $387.49. The stock has a market capitalization of $233.73 billion, a PE ratio of 21.37, a P/E/G ratio of 1.39 and a beta of 1.06.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same period in the previous year, the firm earned $3.64 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts anticipate that American Express Company will post 17.64 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. Investors of record on Thursday, July 2nd will be paid a $0.95 dividend. 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 payout ratio is presently 23.71%.

Trending Headlines about American Express

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

• Positive Sentiment: American Express launched a new ABA American Express Business Card for legal professionals and signed a multiyear global payments partnership with the NFL, signaling continued expansion of its card and payments ecosystem. American Express (AXP) Launches ABA Card Partnership And Lands New NFL Payments Deal
• Positive Sentiment: Truist raised its price target on American Express to $375 from $360 and kept a buy rating, reflecting continued confidence in the company’s earnings and upside potential.
• Positive Sentiment: Recent coverage also highlighted American Express as a strong trading-day outperformer, suggesting investors are rotating into the name on relative strength. American Express Co. stock outperforms competitors on strong trading day
• Neutral Sentiment: American Express also announced plans to webcast its second-quarter 2026 earnings call on July 24, keeping investors focused on upcoming results rather than providing new financial guidance.
• Neutral Sentiment: Commentary questioning whether AmEx’s affluent consumer remains resilient adds some caution, but it does not appear to have outweighed the more positive news flow today. American Express Keeps Saying the Affluent Consumer Is Fine. Should Investors Trust It?

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.