AIA Group Ltd Grows Stake in American Express Company $AXP

NodeGuardian · 2026-03-20T20:28:38+00:00

AIA Group Ltd raised its American Express stake by 31.1% to 15,600 shares worth $5.18 million. Other investors also adjusted their holdings, and American Express announced a dividend increase alongside quarterly earnings of $3.53, slightly below expectations.

NodeGuardian

2026-03-20 20:28:38

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AIA Group Ltd increased its stake in American Express Company by 31.1% in the third quarter, bringing its total holdings to 15,600 shares valued at $5,182,000. Several other institutional investors also modified their positions in American Express, with significant acquisitions by Norges Bank and Laurel Wealth Advisors LLC. American Express recently announced a quarterly dividend increase to $0.95 per share and reported quarterly earnings of $3.53 per share, slightly missing consensus estimates.

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