Sei Investments Co. raised its holdings in American Express Company (NYSE:AXP) by 7.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 271,525 shares of the payment services company’s stock after acquiring an additional 19,071 shares during the period. Sei Investments Co.’s holdings in American Express were worth $82,122,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. boosted its position in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 66 shares during the period. Joseph Group Capital Management bought a new position in American Express during the fourth quarter worth $26,000. Sfam LLC bought a new position in American Express during the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new position in American Express during the 4th quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC acquired a new position in American Express during the 4th quarter valued at $29,000. 84.33% of the stock is owned by institutional investors.
American Express News Roundup
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 Stock Performance
American Express (NYSE:AXP – Get Free Report) last posted its quarterly 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. The firm had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts forecast that American Express Company will post 17.67 earnings per share for the current fiscal year.
American Express Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a $0.95 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s dividend payout ratio is presently 23.71%.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Bank of America raised their price target on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. DZ Bank raised shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a research report on Thursday, June 18th. BTIG Research increased their target price on shares of American Express from $285.00 to $324.00 and gave the company a “sell” rating in a research note on Tuesday, June 30th. Truist Financial increased their target price on shares of American Express from $360.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. One 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 assigned a Sell rating to the stock. According to MarketBeat.com, American Express presently has a consensus rating of “Moderate Buy” and an average price target of $374.11.
Read Our Latest Report on American Express
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.
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