2,172 Shares in American Express Company $AXP Acquired by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS acquired a new position in shares of American Express Company (NYSE:AXP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,172 shares of the payment services company’s stock, valued at approximately $657,000.

A number of other hedge funds also recently modified their holdings of AXP. Norges Bank acquired a new stake in shares of American Express in the fourth quarter worth $2,464,215,000. Capital World Investors raised its position in American Express by 46.7% during 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 buying an additional 2,393,340 shares during the period. Pictet Asset Management Holding SA lifted its stake in 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 acquiring an additional 616,498 shares in the last quarter. Bank of America Corp DE lifted its stake in 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 worth $2,904,218,000 after acquiring an additional 558,533 shares in the last quarter. Finally, Amundi boosted its position in American Express by 23.9% during the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock worth $925,449,000 after acquiring an additional 537,205 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Trending Headlines about American Express

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?

Analysts Set New Price Targets

AXP has been the topic of several research analyst reports. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Guggenheim initiated coverage on shares of American Express in a report on Monday, July 13th. They set a “buy” rating for the company. Barclays boosted their price objective on shares of American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. upgraded shares of American Express from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $374.11.

American Express Stock Performance

Shares of AXP stock opened at $351.01 on Wednesday. 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 fifty-two week low of $288.34 and a fifty-two week high of $387.49. The stock’s 50-day moving average is $330.91 and its two-hundred day moving average is $330.74. The firm has a market cap of $239.50 billion, a P/E ratio of 21.90, a PEG ratio of 1.42 and a beta of 1.04.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.21 billion during 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 firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts predict that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Announces Dividend

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

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.