American Express Stock Ownership Boosted by Daiichi Life Insurance Co. Ltd.

American Express Company (NYSE:AXP) has seen its stock ownership increase due to the acquisition of 24,980 shares by Daiichi Life Insurance Co. Ltd., according to its recent disclosure with the SEC. This new stake is valued at approximately $8,449,000.

The institutional investors mentioned in the report have also made changes to their holdings of American Express stock. Cornerstone Advisory LLC grew its holdings in American Express shares by 2.9% during the 4th quarter and now owns 1,017 shares worth $376,000 after purchasing an additional 29 shares in the last quarter.

The company's stock has a market cap of $226.90 billion and a PE ratio of 20.39, with analysts predicting earnings growth for American Express in FY 2026 at 17.300-17.900 EPS.