BNP Paribas Purchases 3,017 Shares of American Express Company $AXP

Key Points

• BNP Paribas increased its American Express stake by 50% in the second quarter, purchasing 3,017 shares and bringing its total holdings to 9,056 shares valued at approximately $3.07 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.53, exceeding analysts’ $4.41 estimate, while revenue rose 10% year over year to $19.64 billion. The company issued fiscal 2026 EPS guidance of $17.30–$17.90.
• AXP pays a quarterly dividend of $0.95 per share, equivalent to an annualized $3.80 dividend and a 1.1% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $373.32.

BNP Paribas grew its position in American Express Company (NYSE:AXP) by 50.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,056 shares of the payment services company's stock after purchasing an additional 3,017 shares during the period. BNP Paribas' holdings in American Express were worth $3,068,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company's stock valued at $1,924,000 after buying an additional 1,273 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of American Express by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company's stock worth $554,000 after acquiring an additional 200 shares during the period. Schnieders Capital Management LLC. purchased a new stake in American Express during the second quarter valued at $428,000. Howland Capital Management LLC increased its position in American Express by 4.2% during the second quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company's stock valued at $707,000 after acquiring an additional 90 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its holdings in American Express by 19.9% in the second quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company's stock valued at $924,000 after acquiring an additional 481 shares during the period. 84.33% of the stock is owned by institutional investors.

American Express Trading Down 0.2%

AXP opened at $333.64 on Friday. The firm has a market cap of $225.31 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.35 and a beta of 1.04. 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 has a 50-day moving average of $342.85 and a 200 day moving average of $326.18.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.41 by $0.12. The business had revenue of $19.64 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period 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 EPS for the current year.

American Express Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AXP shares. Morgan Stanley cut their price target on American Express from $385.00 to $382.00 and set an "equal weight" rating for the company in a research note on Monday, July 27th. Royal Bank Of Canada cut shares of American Express from a "moderate buy" rating to a "hold" rating in a research note on Monday, July 13th. Guggenheim initiated coverage on shares of American Express in a report on Monday, July 13th. They issued a "buy" rating on the stock. UBS Group cut their target price on shares of American Express from $386.00 to $384.00 and set a "neutral" rating for the company in a research report on Monday, August 3rd. Finally, Loop Capital assumed coverage on shares of American Express in a report on Thursday, May 21st. They set a "buy" rating and a $389.00 target price for the company. One equities 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 stock. According to data from MarketBeat, American Express has a consensus rating of "Moderate Buy" and an average target price of $373.32.

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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