Jain Global LLC Takes $6.76 Million Position in American Express Company $AXP

Jain Global LLC bought a new position in American Express Company (NYSE:AXP) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 20,337 shares of the payment services company’s stock, valued at approximately $6,755,000.

A number of other large investors have also recently made changes to their positions in the company. Gratus Wealth Advisors LLC lifted its stake in American Express by 0.8% in the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock worth $1,233,000 after purchasing an additional 28 shares during the last quarter. Murphy & Mullick Capital Management Corp raised its holdings in shares of American Express by 10.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after buying an additional 28 shares during the period. McGlone Suttner Wealth Management Inc. raised its holdings in shares of American Express by 1.0% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock worth $967,000 after buying an additional 29 shares during the period. Walkner Condon Financial Advisors LLC lifted its stake in shares of American Express by 2.1% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock worth $458,000 after acquiring an additional 29 shares during the last quarter. Finally, Invenio Wealth Partners LLC boosted its holdings in American Express by 3.9% during the 3rd quarter. Invenio Wealth Partners LLC now owns 776 shares of the payment services company’s stock valued at $258,000 after acquiring an additional 29 shares during the period. 84.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AXP has been the topic of a number of recent analyst reports. Morgan Stanley set a $395.00 target price on American Express in a research note on Tuesday, January 20th. The Goldman Sachs Group reissued a “buy” rating and set a $420.00 target price on shares of American Express in a research note on Tuesday, January 6th. Wolfe Research began coverage on shares of American Express in a report on Monday, December 8th. They issued a “peer perform” rating on the stock. JPMorgan Chase & Co. reduced their price target on shares of American Express from $385.00 to $375.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of American Express from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Express presently has an average rating of “Hold” and a consensus target price of $354.86.

American Express Stock Down 0.6%

American Express stock opened at $298.05 on Tuesday. American Express Company has a 1-year low of $220.43 and a 1-year high of $387.49. The business has a fifty day moving average price of $342.37 and a 200-day moving average price of $348.92. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. The stock has a market capitalization of $204.64 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 1.27 and a beta of 1.15.

American Express (NYSE:AXP) last announced its earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The business had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. During the same period in the prior year, the company earned $3.04 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts forecast that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 3rd will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, April 2nd. This is an increase from American Express’s previous quarterly dividend of $0.82. American Express’s payout ratio is 21.31%.

Trending Headlines about American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: Company expanding cardmember benefits and partnerships in key markets (NY/NJ, Atlanta), supporting engagement and card spend trends which underpin revenue growth. American Express Expands Card Member Benefits
• Positive Sentiment: Longer-term demand signals: coverage pieces note younger consumer sign-ups and management’s mid-teens EPS growth target, reinforcing the company’s franchise strength and customer-acquisition pipeline. Is American Express Stock a Millionaire Maker?
• Neutral Sentiment: Valuation debate continues — AXP trades above industry multiples but below its own five‑year median; analysts differ on whether the premium is justified by durable spending and earnings growth. Is American Express a Buy Now Despite its Premium Valuation?
• Neutral Sentiment: Deeper valuation analysis: Zacks highlights AXP’s forward P/E well above peers but near its historical median, keeping the narrative mixed for value-focused investors. Zacks Valuation Analysis
• Neutral Sentiment: Credit metrics update: American Express reported largely stable credit metrics with some modest declines, suggesting asset-quality remains manageable but monitoring is warranted. TipRanks Credit Metrics Update
• Negative Sentiment: Unusually large put activity: traders bought ~43,272 put options today (≈+140% vs. average), signaling heightened bearish hedging/speculation that can amplify near-term downside.
• Negative Sentiment: Analyst cut: BTIG lowered its price target to $285 and moved to a “sell” rating, adding downward pressure by creating renewed sell-side skepticism. BTIG Price Target Cut (Benzinga)
• Negative Sentiment: Competitive threat: Robinhood’s planned platinum credit card rollout raises competitive concerns around customer acquisition and fee/rewards dynamics, which may worry investors focused on share gains and margin pressure. Robinhood Card Competitive Threat

Insider Activity at American Express

In other American Express news, insider Howard Grosfield sold 8,134 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the transaction, the insider owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the completion of the transaction, the insider directly owned 7,754 shares of the company’s stock, valued at approximately $2,767,480.14. This represents a 75.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 73,944 shares of company stock valued at $26,114,366. Company insiders own 0.20% of the company’s stock.

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.