American Express Company $AXP Shares Sold by Swedbank AB

08 Jul 2026, 09:45 by Danessa Lincoln · The Markets Daily

Swedbank AB cut its holdings in American Express Company (NYSE:AXP) by 7.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,742 shares of the payment services company’s stock after selling 26,362 shares during the quarter. Swedbank AB’s holdings in American Express were worth $100,950,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp boosted its position in shares of American Express by 1.3% during the 4th quarter. State Street Corp now owns 29,464,868 shares of the payment services company’s stock worth $10,900,528,000 after purchasing an additional 369,967 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of American Express by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 9,023,482 shares of the payment services company’s stock worth $3,338,238,000 after purchasing an additional 141,936 shares during the period. Bank of America Corp DE increased its holdings in shares of American Express by 7.7% in the 4th quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock valued at $2,904,218,000 after purchasing an additional 558,533 shares in the last quarter. Capital World Investors lifted its stake in shares of American Express by 46.7% in the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock valued at $2,780,424,000 after purchasing an additional 2,393,340 shares during the period. Finally, Norges Bank acquired a new stake in shares of American Express in the fourth quarter valued at about $2,464,215,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Key American Express News

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

Positive Sentiment: Barclays raised its price target on American Express to $364 from $322, implying some upside even though it kept an equal-weight rating. Barclays price target raise
Positive Sentiment: UBS increased its price target to $386 from $340, suggesting material upside, but maintained a neutral stance. UBS price target raise
Positive Sentiment: Brokerage sentiment remains constructive overall, with consensus coverage still described as “moderate buy,” which can support the stock’s valuation. Consensus recommendation
Neutral Sentiment: TD Cowen nudged its target higher to $338 but kept a hold rating, reinforcing a cautious view rather than a strong bullish one. TD Cowen target update
Neutral Sentiment: A separate article highlighted American Express as a quality, low-stress stock idea, which is supportive for sentiment but not a company-specific catalyst. Jefferies stock ideas
Negative Sentiment: A fund update said American Express was a leading performance detractor, falling due to AI disruption concerns, which may be weighing on investor sentiment. Bretton Fund letter

American Express Stock Performance

NYSE AXP opened at $349.45 on Wednesday. American Express Company has a fifty-two week low of $288.34 and a fifty-two week high of $387.49. The stock has a market cap of $238.44 billion, a price-to-earnings ratio of 21.80, a price-to-earnings-growth ratio of 1.47 and a beta of 1.04. The business has a fifty day moving average of $323.96 and a 200-day moving average of $332.57. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Truist Financial increased their target price on shares of American Express from $360.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Freedom Capital upgraded American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Royal Bank Of Canada set a $415.00 price objective on American Express in a report on Friday, April 10th. DZ Bank upgraded American Express from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a research report on Thursday, June 18th. Finally, Morgan Stanley lowered their target price on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, American Express presently has an average rating of “Hold” and a consensus target price of $368.50.

Check Out Our Latest Stock Report on AXP

About American Express

(Free Report)

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.