Oslo Pensjonsforsikring AS Makes New Investment in American Express Company $AXP

Oslo Pensjonsforsikring AS bought a new stake in shares of American Express Company (NYSE:AXP) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 2,172 shares of the payment services company’s stock, valued at approximately $657,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keybank National Association OH lifted its stake in shares of American Express by 3.0% in the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock worth $132,909,000 after buying an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd grew its stake in American Express by 34.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 139,887 shares of the payment services company’s stock valued at $51,751,000 after buying an additional 35,533 shares during the last quarter. Country Trust Bank raised its holdings in American Express by 14.0% in the 4th quarter. Country Trust Bank now owns 121,774 shares of the payment services company’s stock worth $45,050,000 after acquiring an additional 14,931 shares during the period. Peapack Gladstone Financial Corp raised its holdings in American Express by 6.2% in the 4th quarter. Peapack Gladstone Financial Corp now owns 65,997 shares of the payment services company’s stock worth $24,416,000 after acquiring an additional 3,855 shares during the period. Finally, Thames Capital Management LLC lifted its position in American Express by 189.6% during the 4th quarter. Thames Capital Management LLC now owns 80,463 shares of the payment services company’s stock worth $29,767,000 after acquiring an additional 52,679 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AXP. JPMorgan Chase & Co. upgraded shares of American Express from a “neutral” rating to an “overweight” rating and upped their price target for the company from $328.00 to $400.00 in a report on Monday, July 13th. Piper Sandler cut American Express from an “overweight” rating to a “hold” rating in a research report on Monday, July 13th. HSBC boosted their price objective on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Bank of America raised their target price on American Express from $387.00 to $391.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Express in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $374.11.

American Express Trading Down 0.3%

Shares of AXP opened at $351.01 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The stock has a market cap of $239.50 billion, a PE ratio of 21.90, a PEG ratio of 1.42 and a beta of 1.04. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49. The stock has a 50 day simple moving average of $330.91 and a 200-day simple moving average of $330.74.

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, beating the consensus estimate 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 analyst estimates of $18.60 billion. During the same quarter in the previous year, the firm earned $3.64 EPS. American Express’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. On average, sell-side analysts predict that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.95 per share. 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 1.1%. American Express’s dividend payout ratio (DPR) is presently 23.71%.

Key American Express News

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?

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.