OMERS ADMINISTRATION Corp Has $8.53 Million Stake in American Express Company $AXP

OMERS ADMINISTRATION Corp increased its position in American Express Company (NYSE:AXP) by 22.4% during the first quarter, Holdings Channel.com reports. The firm owned 28,202 shares of the payment services company’s stock after buying an additional 5,155 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in American Express were worth $8,531,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Evolution Wealth Management Inc. lifted its stake in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after buying an additional 66 shares in the last quarter. Joseph Group Capital Management bought a new stake in shares of American Express during the fourth quarter worth about $26,000. Sfam LLC acquired a new stake in shares of American Express in the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express in the 4th quarter worth about $28,000. Finally, Wilkerson Advisory Group LLC bought a new position in American Express in the 4th quarter valued at about $29,000. Institutional investors own 84.33% of the company’s stock.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express beat Q2 EPS estimates with $4.53 per share and reported 10% year-over-year revenue growth, showing resilient demand from cardmembers. AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
• Positive Sentiment: The company raised its 2026 revenue growth forecast and guided full-year EPS to $17.30-$17.90, signaling confidence that premium card spending on travel and dining remains strong. American Express Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Management said cardmember spending stayed healthy, with strong travel and entertainment demand and continued strength among affluent customers, which supports revenue momentum. American Express Sales, Profit Rise on Higher Card Member Spending
• Neutral Sentiment: Analysts and market commentary suggest the stock reaction is being driven by an earnings-quality debate: investors liked the beat, but the market is questioning whether growth can continue while expenses rise. Why American Express Stock Fell 6.5% Friday Morning
• Negative Sentiment: Revenue came in below some Wall Street expectations, and reports highlighted softer net interest income and rising operating costs, which helped trigger selling despite the profit beat. American Express shares slip despite earnings beat as revenue falls short of forecasts

American Express Trading Down 0.1%

NYSE:AXP opened at $325.86 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.62 and a current ratio of 1.63. The firm has a market cap of $222.34 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 1.31 and a beta of 1.04. American Express Company has a 52 week low of $288.34 and a 52 week high of $387.49. The firm has a 50-day moving average price of $332.50 and a two-hundred day moving average price of $329.98.

American Express (NYSE:AXP) last announced its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The firm had revenue of $14.99 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 revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts expect that American Express Company will post 17.68 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, July 2nd. American Express’s payout ratio is presently 23.71%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Piper Sandler downgraded American Express from an “overweight” rating to a “hold” rating in a research note on Monday, July 13th. BTIG Research raised their target price on American Express from $285.00 to $324.00 and gave the company a “sell” rating in a report on Tuesday, June 30th. Royal Bank Of Canada cut American Express from a “moderate buy” rating to a “hold” rating in a research report on Monday, July 13th. TD Cowen upped their price target on American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a report on Tuesday, July 7th. Finally, Loop Capital began coverage on American Express in a research report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $374.11.

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.