27,300 Shares in American Express Company $AXP Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new position in shares of American Express Company (NYSE:AXP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,300 shares of the payment services company’s stock, valued at approximately $8,258,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Evolution Wealth Management Inc. increased its stake in American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 66 shares in the last quarter. Joseph Group Capital Management purchased a new stake in American Express during the fourth quarter worth $26,000. Sfam LLC acquired a new stake in American Express in the fourth quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new stake in American Express in the third quarter valued at $28,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of American Express in the fourth quarter valued at $28,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about American Express

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

• Positive Sentiment: American Express released its 2026 Dodd-Frank Act stress test results and said it will keep its Stress Capital Buffer at the minimum 2.5% through September 30, 2027, signaling a solid capital position and regulatory stability. American Express Releases 2026 Dodd-Frank Act Stress Test Results
• Positive Sentiment: The company announced a new ABA business card partnership for solo lawyers and small firms, expanding its commercial payments reach and adding another growth avenue in a niche professional market. American Express Releases 2026 Dodd-Frank Act Stress Test Results
• Positive Sentiment: Truist raised its price target on AXP to $375 from $360 and reiterated a Buy rating, reinforcing optimism around earnings and valuation. Benzinga report on Truist price target increase
• Neutral Sentiment: Management also scheduled its second-quarter 2026 earnings webcast for July 24, which keeps investors focused on upcoming results but is not, by itself, a major catalyst. American Express Plans Live Audio Webcast of Second-Quarter 2026 Earnings Conference Call
• Negative Sentiment: Some recent commentary questioned whether American Express can maintain resilience if the broader consumer weakens, highlighting a lingering risk around affluent spending and credit quality. American Express Caters to Affluent Spenders. Can That Cushion It If the Consumer Cracks?

Analyst Ratings Changes

AXP has been the subject of several research reports. Loop Capital started coverage on American Express in a research note on Thursday, May 21st. They set a “buy” rating and a $389.00 price target for the company. Royal Bank Of Canada set a $415.00 target price on shares of American Express in a report on Friday, April 10th. Bank of America lifted their target price on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. The Goldman Sachs Group upped their price target on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Morgan Stanley lowered their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Express currently has a consensus rating of “Hold” and an average target price of $361.55.

American Express Stock Down 0.2%

Shares of NYSE:AXP opened at $341.83 on Friday. 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 company has a market capitalization of $233.24 billion, a P/E ratio of 21.32, a P/E/G ratio of 1.41 and a beta of 1.06. American Express Company has a 52-week low of $288.34 and a 52-week high of $387.49. The stock’s fifty day simple moving average is $320.67 and its 200-day simple moving average is $334.20.

American Express (NYSE:AXP) last posted its quarterly earnings data 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 firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $18.60 billion. During the same quarter last year, the business posted $3.64 EPS. The firm’s quarterly revenue 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, equities research analysts forecast that American Express Company will post 17.64 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s payout ratio is 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.