American Express Company $AXP Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its stake in American Express Company (NYSE:AXP) by 4.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 438,366 shares of the payment services company’s stock after selling 20,823 shares during the period. New York State Teachers Retirement System’s holdings in American Express were worth $162,174,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AXP. Trajan Wealth LLC grew its holdings in shares of American Express by 30.9% during the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock worth $8,271,000 after buying an additional 5,881 shares during the last quarter. Hillsdale Investment Management Inc. grew its holdings in shares of American Express by 218.7% during the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after buying an additional 5,860 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. grew its holdings in shares of American Express by 11.7% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock worth $27,524,000 after buying an additional 8,651 shares during the last quarter. ZEGA Investments LLC purchased a new position in shares of American Express during the third quarter worth about $1,080,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of American Express by 0.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company’s stock worth $531,038,000 after buying an additional 4,080 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: Bank of America raised its price target to $387 and kept a Buy rating, citing healthy Q1 results as support for upside in AXP shares. BofA Securities Lifts PT on American Express (AXP) Stock
• Positive Sentiment: Goldman Sachs recently raised its price target (reported April 28), a sign of bullish analyst momentum behind the stock. American Express (AXP) May Be Stronger Than Many Expected
• Positive Sentiment: American Express rolled out enhanced benefits for its Gold Card (5X points on prepaid hotels, Hertz Five Star status, updated dining credit) as part of its 60th anniversary — a product move aimed at increasing spend and member loyalty. U.S. Consumer American Express® Gold Card Introduces New and Enhanced Benefits…
• Positive Sentiment: Company fundamentals: AXP reported an EPS beat in its latest quarter and set FY2026 EPS guidance in the mid-to-high teens, supporting investor confidence and the recent analyst upgrades. (Company earnings release and guidance drove prior analyst momentum.)
• Neutral Sentiment: Retail and value-oriented investors are discussing bullish theses on AXP (including a r/ValueInvesting summary), increasing attention but not immediately altering fundamentals. Is American Express Company (AXP) A Good Stock To Buy Now?
• Neutral Sentiment: Zacks and other platforms note trending investor interest in AXP, which can amplify moves but is not a fundamental catalyst on its own. Is Trending Stock American Express Company (AXP) a Buy Now?
• Neutral Sentiment: Sector read-through: Mastercard reported strong Q1 results (cross-border volume growth), which supports the payments sector outlook and may lift peers like AXP indirectly. Mastercard Beats Q1 Earnings on Strong Cross-Border Volume Growth
• Negative Sentiment: Technical/valuation caution: AXP trades below its 200‑day moving average and its trailing P/E (~20–21) leaves limited margin for multiple contraction; these factors can act as resistance if growth or margin concerns re-emerge.

Insider Activity

In other news, insider Howard Grosfield sold 8,134 shares of American Express 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 completion of the sale, the insider directly owned 9,433 shares in the company, valued at approximately $3,270,704.09. This trade represents a 46.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the sale, the insider owned 8,945 shares of the company’s stock, valued at approximately $3,189,608.10. The trade was a 62.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 73,944 shares of company stock worth $26,114,366 in the last three months. 0.14% of the stock is currently owned by company insiders.

American Express Price Performance

Shares of NYSE:AXP opened at $323.22 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The company has a market cap of $220.54 billion, a P/E ratio of 20.16, a PEG ratio of 1.28 and a beta of 1.13. American Express Company has a 52 week low of $266.52 and a 52 week high of $387.49. The company has a 50-day moving average price of $311.71 and a 200 day moving average price of $344.13.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The firm had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts predict that American Express Company will post 17.59 earnings per share for the current year.

American Express Increases Dividend

The company 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. The ex-dividend date is Thursday, April 2nd. This is an increase from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s payout ratio is 23.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Bank of America raised their price target on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Morgan Stanley lowered their price target on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Truist Financial lowered their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Finally, The Goldman Sachs Group raised their price objective on shares of American Express from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $357.47.

American Express 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.