Ieq Capital Puts $1.19 Million into American Express

Ieq Capital LLC invested $1.19 million in American Express Company ($AXP) by purchasing 3,522 shares of its stock in the second quarter.

This investment is part of a larger trend where institutional investors are increasingly buying into AXP, with hedge funds and other institutional investors owning 84.33% of the company's stock.

American Express reported earnings per share of $4.53 for the latest quarter, beating analysts' expectations of $4.41. The company also announced a quarterly dividend of $0.95 per share, with an annualized payout ratio of 23.06%. AXP has set its FY 2026 guidance at 17.300-17.900 EPS.