There has been notable activity and immense interest by various institutional investors and asset management firms in American Express Company (AXP). In particular, Hibernia Wealth Partners, Impax Asset Management Group, and Geode Capital Management have recently acquired substantial shares in the company. Furthermore, confidence in AXP has been reaffirmed by analysts, suggesting a stable and optimistic outlook.
However, some firms, such as ProShare Advisors and Rothbones Group, have reportedly decreased their holdings in AXP. AXP's recent quarter dividends, intrinsic value calculations, and share price gains have been significant focus points. Notably, Small Business Saturday saw a generous move from Amex and Jim Cramer's favourable sentiments towards AXP gave the stocks another boost.
Despite a few entities reducing their positions, the company's allure has not waned, with firms like Boston Partners, Vise Technologies, and Avalon Capital Management, investing heavily in AXP. Finally, with ongoing speculation about its Q3 earnings, AXP's forward trajectory seems promising.
American Express Company AXP News Analytics from Wed, 21 May 2025 07:00:00 GMT to Sat, 15 Nov 2025 12:54:14 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor 3