First Eagle Investment Management 13F: Adds $7.7M to AXP Stake

First Eagle Investment Management has increased its stake in American Express Company (NYSE: AXP) according to the latest Form 13F filing with the SEC. The firm added 22,782 shares, bringing its total holdings to 1,662,628 shares, valued at approximately $566.5 million as of the reporting period.

What Changed in First Eagle's American Express Position

First Eagle's recent move involved boosting its American Express holdings by 22,782 shares, a 1.39% increase from its previous count of 1,639,846 shares. This adjustment brought their total to 1,662,628 shares, reflecting a continued interest in the credit services giant.

Other Institutional Activity in American Express

In the broader institutional landscape, Berkshire Hathaway maintained its massive stake in American Express, holding steady at 151,610,700 shares valued at around $45.9 billion. Meanwhile, BlackRock reduced its position by 432,527 shares, ending with 41,910,309 shares worth approximately $12.7 billion. Geode Capital Management, LLC, on the other hand, increased its holdings significantly by 1,458,338 shares, now holding 14,166,474 shares valued at about $4.3 billion.

American Express Company Stock Up 10.2%

Shares of American Express traded near $340.74. The company boasts a market cap of $232.5 billion and a P/E ratio of 21.28. Its beta is 1.058, indicating moderate volatility. The stock's 52-week range spans from $288.34 to $387.49, with a 50-day moving average of $317.69 and a 200-day moving average of $337.35. The company's current and quick ratios stand at 1.574 and 1.559, respectively, while its debt-to-equity ratio is 177.847.

Recent Earnings

American Express reported revenue of $68.81 billion with a growth rate of 11.6%. Its net margin is 16.3%, and return on equity is an impressive 34.42%. The company earned $16.01 per share, and its next earnings report is scheduled for July 24, 2026.

Dividend

American Express pays an annual dividend rate of $3.80, yielding 1.12% with a payout ratio of 21.29%.

Insider Buying and Selling at American Express Company

Several insiders, including Karen Parkhill and Thomas Baltimore Jr., purchased 742 shares each on May 5, 2026. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On May 22, 2026, Loop Capital initiated coverage on American Express with a 'buy' rating and a $389 price target. Other recent analyst actions include Evercore ISI Group maintaining a 'hold' rating with a $345 target, and Goldman Sachs reaffirming a 'buy' rating with a $400 target. The consensus recommendation is a 'buy', with a mean target price of $361.94 from 24 analysts.

About American Express

American Express Company is a global payments company headquartered in New York, NY. It operates in the financial services sector, providing credit and charge cards, travel, dining, and lifestyle services. The company, led by CEO Stephen Joseph Squeri, employs about 76,800 people and has a significant presence in regions including the U.S., Europe, and Asia.

Bottom Line

First Eagle's increased stake in American Express reflects confidence in the company's performance, as seen in its solid earnings and analyst ratings. While 13F filings are backward-looking, they offer insights into institutional sentiment regarding American Express, a key player in the credit services industry.