American Express Sees Significant Institutional Investor Activity

American Express Company (NYSE: AXP) has seen significant institutional investor activity in recent quarters, with several major players purchasing or increasing their stakes in the company.

Silvant Capital Management LLC purchased a new position in American Express shares worth approximately $9.49 million during the second quarter, while Flputnam Investment Management Co. also bought a new stake in the company's stock valued at around $12.88 million.

The firm has a market capitalization of $224.20 billion and reported earnings per share (EPS) of $4.53 for the latest quarter, surpassing analysts' expectations by $0.12. American Express has set its FY 2026 guidance at 17.300-17.900 EPS.

The company's stock price opened at $331.99 on Friday, and its 200-day moving average price is $326.77. The payment services company has a one-year low of $290.97 and a one-year high of $387.49.