Harvest Fund Management Co. Ltd Has $1.44 Million Stake in American Express Company $AXP

Harvest Fund Management Co. Ltd boosted its position in American Express Company (NYSE:AXP) by 210.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,882 shares of the payment services company’s stock after buying an additional 2,631 shares during the period. Harvest Fund Management Co. Ltd’s holdings in American Express were worth $1,436,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings 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 buying an additional 141,936 shares during the period. Norges Bank acquired a new position in American Express in the fourth quarter valued at $2,464,215,000. Capital World Investors lifted its holdings in American Express by 0.5% in the third quarter. Capital World Investors now owns 5,122,335 shares of the payment services company’s stock valued at $1,701,435,000 after buying an additional 24,297 shares during the period. Capital Research Global Investors lifted its holdings in American Express by 0.7% in the third quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company’s stock valued at $1,479,019,000 after buying an additional 29,331 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in American Express by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 3,971,263 shares of the payment services company’s stock valued at $1,469,169,000 after buying an additional 27,039 shares during the period. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Price Performance

Shares of NYSE AXP opened at $310.48 on Friday. American Express Company has a fifty-two week low of $286.15 and a fifty-two week high of $387.49. The stock has a market cap of $211.85 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 1.27 and a beta of 1.06. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The firm’s 50-day simple moving average is $313.91 and its 200 day simple moving average is $336.92.

American Express (NYSE:AXP) last announced its quarterly earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The business had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter last year, the firm earned $3.64 EPS. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.59 earnings per share for the current fiscal 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 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 23.71%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AXP shares. BTIG Research reiterated a “sell” rating and set a $285.00 price objective on shares of American Express in a report on Friday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Truist Financial dropped their price objective on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Finally, Evercore set a $345.00 price objective on shares of American Express in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $359.05.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express announced a quarterly dividend of $0.95 per share, reinforcing its shareholder-return profile. The dividend is payable on August 10 to holders of record on July 2. Article Title
• Positive Sentiment: A broader market rally boosted financial stocks, which can help sentiment around American Express as part of the sector. Article Title
• Neutral Sentiment: One article highlighted Navan’s AI-powered travel and expense platform as a challenger to entrenched providers including American Express, but this is more of a competitive backdrop than a direct near-term catalyst. Article Title
• Neutral Sentiment: Coverage also noted that American Express card spending is growing at its fastest pace in three years, which supports the long-term consumer-spending story, though investors remain focused on whether affluent demand can hold up. Article Title
• Negative Sentiment: Several market recaps emphasized that AXP has been trending lower recently, with shares down year to date and trading below key moving averages, suggesting ongoing valuation and momentum pressure. Article Title

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.