Oppenheimer Asset Management Inc. lessened its holdings in American Express Company (NYSE:AXP) by 14.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,986 shares of the payment services company’s stock after selling 1,475 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in American Express were worth $2,985,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of AXP. Valley Wealth Managers Inc. increased its position in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in shares of American Express during the 2nd quarter valued at approximately $26,000. Access Investment Management LLC acquired a new stake in American Express in the 2nd quarter valued at $26,000. Manning & Napier Advisors LLC purchased a new stake in American Express in the 3rd quarter worth $27,000. Finally, Guerra Advisors Inc purchased a new stake in American Express in the 3rd quarter worth $28,000. Institutional investors and hedge funds own 84.33% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. Wall Street Zen downgraded shares of American Express from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Credit Suisse Group set a $328.00 target price on American Express in a research report on Monday, January 12th. Wolfe Research assumed coverage on American Express in a report on Monday, December 8th. They issued a “peer perform” rating on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $425.00 target price on shares of American Express in a research note on Monday, January 12th. Finally, Evercore ISI set a $393.00 target price on shares of American Express in a research report on Tuesday. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $354.78.
American Express Stock Down 2.5%
Shares of AXP opened at $354.18 on Thursday. American Express Company has a 52-week low of $220.43 and a 52-week high of $387.49. The company has a quick ratio of 1.66, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. The stock has a fifty day simple moving average of $368.26 and a two-hundred day simple moving average of $346.45. The company has a market capitalization of $243.18 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14.
American Express (NYSE:AXP – Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The firm had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the prior year, the company posted $3.04 EPS. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts forecast that American Express Company will post 15.33 EPS for the current year.
American Express Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd were paid a $0.82 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 annualized dividend and a dividend yield of 0.9%. American Express’s dividend payout ratio is 21.31%.
Insider Activity
In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $356.58, for a total value of $5,348,700.00. Following the transaction, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This represents a 62.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Anna Marrs sold 27,425 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $350.01, for a total value of $9,599,024.25. Following the sale, the insider directly owned 20,394 shares of the company’s stock, valued at approximately $7,138,103.94. This trade represents a 57.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 65,810 shares of company stock valued at $23,294,065 in the last 90 days. Company insiders own 0.20% of the company’s stock.
Key American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Expanded NBA partnership and marketing push should support premium card activation and brand engagement, a revenue-positive move that reinforces AmEx’s focus on experience-driven cardholders. NBA, American Express announce multiyear partnership
- Positive Sentiment: Q4 miss was tiny on EPS (beat/beat context: missed by $0.01) but Zacks highlights strength in premium spending, resilient credit trends and steady FY guidance — factors that have supported investor confidence after results. AmEx’s Q4 Earnings Miss Isn’t the Whole Story
- Positive Sentiment: Management presentation at the UBS Financial Services Conference provided investor access to strategy, portfolio metrics and outlook — visibility that can support valuation once digested by attendees and analysts. American Express Presents at UBS Conference — Slideshow
- Neutral Sentiment: American Express announced new debt issuances to boost funding — improves liquidity and funding flexibility but increases leverage and interest cost exposure; market reaction depends on size/terms. American Express Boosts Funding With New Debt Issuances
- Neutral Sentiment: Coverage/transcripts from Seeking Alpha provide incremental detail from conferences and management remarks — useful for modeling but not an immediate price catalyst by itself. American Express UBS Presentation Transcript
- Negative Sentiment: MarketWatch reports AXP underperformed peers on Wednesday — relative weakness can trigger sector rebalancing outflows and weigh on the stock. American Express Co. stock underperforms Wednesday
- Negative Sentiment: Evercore left an In-Line rating but trimmed its price target, a reminder analysts may be marginally lowering expectations — analyst PT cuts can pressure shares. Why Is American Express Stock Tuesday?
American Express Company Profile
American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.
American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.
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