American Express Company $AXP Stock Holdings Decreased by Jennison Associates LLC

Jennison Associates LLC lowered its position in shares of American Express Company (NYSE:AXP) by 39.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 7,717 shares of the payment services company’s stock after selling 5,103 shares during the quarter. Jennison Associates LLC’s holdings in American Express were worth $2,334,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Keybank National Association OH raised its holdings in shares of American Express by 3.0% during the fourth quarter. Keybank National Association OH now owns 359,261 shares of the payment services company’s stock valued at $132,909,000 after buying an additional 10,495 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings 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 worth $51,751,000 after buying an additional 35,533 shares in the last quarter. Country Trust Bank increased its position 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 valued at $45,050,000 after acquiring an additional 14,931 shares during the period. Peapack Gladstone Financial Corp increased its position 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 valued at $24,416,000 after acquiring an additional 3,855 shares during the period. Finally, Thames Capital Management LLC raised its stake 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 valued at $29,767,000 after acquiring an additional 52,679 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

American Express Stock Down 0.6%

Shares of AXP stock opened at $348.79 on Thursday. American Express Company has a 1 year low of $288.34 and a 1 year high of $387.49. The stock has a market cap of $237.99 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. The business’s fifty day moving average is $331.70 and its 200-day moving average is $330.59. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57.

American Express (NYSE:AXP) last announced its quarterly earnings data 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 return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.21 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same quarter in the prior year, the firm posted $3.64 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis. Equities analysts expect that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently issued reports on AXP shares. UBS Group increased their price target on American Express from $340.00 to $386.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Barclays lifted 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 note on Tuesday, July 7th. DZ Bank upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a research report on Thursday, June 18th. Guggenheim started coverage on shares of American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. Finally, Piper Sandler downgraded shares of American Express from an “overweight” rating to a “hold” rating 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $374.11.

American Express News Roundup

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

• Positive Sentiment: American Express expanded its global partnership with ALL Accor, adding elite status matching and Membership Rewards points transfers starting in 2026 across 12 markets. The move strengthens AmEx’s travel and premium-card value proposition, which could support cardholder engagement and spending. American Express and ALL Accor Expand the Power of Membership with New Global Partnership
• Positive Sentiment: AmEx also announced new B2B payments tools, including automation features and a Bottomline partnership through BIP Connect to link buyers with Paymode vendors. This should improve payment efficiency, broaden commercial card usage, and deepen AmEx’s foothold in corporate payments. Here’s How AXP Strengthens Its B2B Payments Beyond the Platinum Card
• Positive Sentiment: Additional coverage highlighted the same B2B initiative and the rollout of automated invoice reporting, reinforcing the market’s view that American Express is building a more scalable commercial payments platform. American Express and Bottomline Partner to Streamline B2B Payments
• Positive Sentiment: Analysts are also watching American Express ahead of its July 24 Q2 earnings release, with expectations calling for higher revenue and earnings on stronger network volumes and interest income. That backdrop can add optimism if investors believe AmEx can meet or beat estimates. Can AmEx Beat Q2 Earnings on Higher Network Volumes & Interest Income?

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.