Asahi Life Asset Management CO. LTD. Takes $2.55 Million Position in American Express Company $AXP

Key Points

• Asahi Life Asset Management acquired 7,546 American Express shares worth approximately $2.55 million in the second quarter, making AXP its 16th-largest portfolio holding. Institutional investors collectively own 84.33% of the company.
• American Express reported quarterly EPS of $4.53, exceeding estimates of $4.41, while revenue rose 10% year over year to $19.64 billion. The company maintained FY 2026 EPS guidance of $17.30–$17.90 and pays an annualized dividend of $3.80 per share.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and a $373.32 average price target, although one firm downgraded the stock to “sell.” AXP was trading at $339.90, below its 12-month high of $387.49.

Asahi Life Asset Management CO. LTD. bought a new position in shares of American Express Company (NYSE:AXP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,546 shares of the payment services company's stock, valued at approximately $2,552,000. American Express makes up approximately 1.4% of Asahi Life Asset Management CO. LTD.'s portfolio, making the stock its 16th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. grew its holdings in shares of American Express by 6,600.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company's stock worth $25,000 after purchasing an additional 66 shares during the last quarter. Joseph Group Capital Management acquired a new stake in shares of American Express in the 4th quarter valued at about $26,000. Sfam LLC acquired a new stake in shares of American Express in the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new position in American Express during the 4th quarter worth approximately $28,000. Finally, Wilkerson Advisory Group LLC purchased a new position in American Express during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 84.33% of the company's stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express is expanding its premium lifestyle and sports partnerships by naming St Andrews Links its Official Payments Partner. The agreement could increase global brand visibility, card-member engagement and spending among affluent travelers and golf fans. American Express and St Andrews Links Trust partnership
• Positive Sentiment: AXP has expanded virtual-card capabilities for U.S. commercial customers through its @ Work platform and Conferma. The move embeds American Express more deeply into corporate payment and travel workflows, potentially improving retention, security and business-spending volumes. American Express expanded virtual cards strategy
• Positive Sentiment: A profile of CEO Steve Squeri highlights American Express’s successful focus on millennials and Gen Z customers, including the willingness of younger consumers to pay premium annual fees for differentiated benefits. The narrative reinforces the company’s premium-card strategy and customer growth potential. American Express CEO and premium card strategy
• Neutral Sentiment: Management will participate in the Barclays Global Financial Services Conference on September 16. The event may provide updates on spending trends, credit quality and 2026 guidance, but no new financial outlook was announced. American Express Barclays conference announcement
• Neutral Sentiment: American Express is among the holdings in US Financial 15 Split Corp., which declared a monthly preferred-share distribution. The announcement has no direct impact on AXP’s earnings or capital allocation. US Financial 15 preferred dividend announcement

Wall Street Analyst Weigh In

AXP has been the subject of several research analyst reports. Bank of America increased their price objective on American Express from $387.00 to $391.00 and gave the company a "buy" rating in a report on Thursday, July 9th. Freedom Capital raised shares of American Express from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 14th. Loop Capital started coverage on shares of American Express in a research report on Thursday, May 21st. They issued a "buy" rating and a $389.00 price target for the company. BTIG Research decreased their price target on shares of American Express from $324.00 to $315.00 and set a "sell" rating for the company in a research note on Monday, July 27th. Finally, Guggenheim began coverage on shares of American Express in a research note on Monday, July 13th. They set a "buy" rating for the company. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $373.32.

American Express Trading Up 0.4%

NYSE:AXP opened at $339.90 on Thursday. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The stock's 50 day simple moving average is $342.72 and its 200-day simple moving average is $326.91. The firm has a market cap of $229.54 billion, a P/E ratio of 20.62, a PEG ratio of 1.36 and a beta of 1.04.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm had revenue of $19.64 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same period last year, the company earned $4.08 earnings per share. The company's revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts anticipate that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, July 2nd were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express's dividend payout ratio is currently 23.06%.

About American Express

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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