HS Management Partners LLC Acquires New Stake in American Express Company

HS Management Partners LLC, a financial institution, has acquired a new position in American Express Company (NYSE:AXP) through its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 45,119 shares of AXP's stock, valued at approximately $15,262,000.

This represents about 5.2% of HS Management Partners LLC's investment portfolio, making AXP its fifth-largest holding. Other institutions have also recently modified their holdings in the company, with Evolution Wealth Management Inc. increasing its stake by a significant margin.

AXP has reported strong quarterly earnings results, topping analysts' consensus estimates and delivering a 10% increase in revenue compared to the same period last year. The company has set its FY 2026 guidance at $17.300-17.900 EPS, with equities research analysts anticipating that AXP will post $17.67 earnings per share for the current year.