BIP Wealth Invests Heavily in American Express Amid Strong Earnings

BIP Wealth LLC has invested in American Express Company (NYSE: AXP) by purchasing 2,938 shares valued at approximately $994,000. This move is part of a larger trend as several institutional investors and hedge funds have increased their stakes in the payment services company.

The latest Form 13F filing with the SEC shows that Brighton Jones LLC, Sivia Capital Partners LLC, Schnieders Capital Management LLC, Howland Capital Management LLC, and HUB Investment Partners LLC all purchased additional shares of American Express during the second quarter. This increase in institutional ownership is a significant development as institutional investors own approximately 84.33% of the company's stock.

American Express recently reported earnings per share (EPS) of $4.53 for the quarter, beating the consensus estimate of $4.41. The company also released its FY 2026 guidance at 17.300-17.900 EPS. Analysts predict that American Express will post 17.67 earnings per share for the current year.

The company has been expanding its virtual-card capabilities, adding 350 luxury hotels to its Platinum Card travel program, and enhancing customer loyalty programs. These moves are aimed at increasing commercial-payment volumes and customer retention. Analysts have differing views on the stock's valuation and expectations, but most agree that American Express is a strong performer with continued revenue growth.