Erste Asset Management GmbH Sells 18,632 Shares of American Express Company $AXP

Erste Asset Management GmbH cut its stake in shares of American Express Company (NYSE:AXP) by 23.5% in the third quarter, HoldingsChannel reports. The fund owned 60,658 shares of the payment services company’s stock after selling 18,632 shares during the period. Erste Asset Management GmbH’s holdings in American Express were worth $20,684,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Gratus Wealth Advisors LLC raised its stake in American Express by 0.8% during the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after purchasing an additional 28 shares during the period. Murphy & Mullick Capital Management Corp lifted its position in American Express by 10.0% during the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock valued at $105,000 after purchasing an additional 28 shares during the last quarter. McGlone Suttner Wealth Management Inc. lifted its holdings in shares of American Express by 1.0% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock valued at $967,000 after acquiring an additional 29 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of American Express by 2.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after purchasing an additional 29 shares during the last quarter. Finally, Sandy Cove Advisors LLC boosted its stake in American Express by 2.1% during the third quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock worth $485,000 after buying an additional 30 shares during the period. 84.33% of the stock is owned by institutional investors.

American Express Trading Up 2.5%

NYSE:AXP opened at $335.37 on Friday. The company has a market capitalization of $230.27 billion, a P/E ratio of 21.79, a PEG ratio of 1.38 and a beta of 1.14. The company has a current ratio of 1.59, a quick ratio of 1.58 and a debt-to-equity ratio of 1.68. American Express Company has a 12 month low of $220.43 and a 12 month high of $387.49. The firm has a fifty day simple moving average of $359.78 and a 200-day simple moving average of $348.92.

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

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, January 2nd. American Express’s dividend payout ratio is 21.31%.

Insider Buying and Selling at American Express

In other American Express news, insider Anna Marrs sold 27,425 shares of American Express stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares in the company, valued at approximately $7,138,103.94. The trade was a 57.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the 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 sale, the insider owned 7,754 shares in the company, valued at $2,767,480.14. The trade was 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. 0.20% of the stock is owned by corporate insiders.

More American Express News

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

• Positive Sentiment: American Express announced plans to build a new, state‑of‑the‑art global headquarters at 2 World Trade Center and will be the sole owner and occupant — a high‑visibility, long‑term commitment to New York that signals confidence in growth and corporate stability. American Express to Build New State-of-the-Art Global Headquarters at 2 World Trade Center, Deepening Commitment to Lower Manhattan
• Positive Sentiment: Coverage noted AXP outperformed the digital payments group over the past year and analysts remain cautiously optimistic — a factor that can draw relative‑value buying when broader markets wobble. How Is American Express’ Stock Performance Compared to Other Digital Payments Stocks?
• Positive Sentiment: Market commentary highlighted why AXP gained while the broader market dipped — upbeat corporate messaging, solid fundamentals (recent revenue growth and FY‑2026 EPS guidance) and investor interest in buybacks/capital returns support the stock. Why the Market Dipped But American Express (AXP) Gained Today
• Neutral Sentiment: Analyst and media pieces revisited AXP’s 2025 results and management’s guidance (high single‑digit revenue growth and mid‑teens EPS growth for 2026) — supportive long‑term but already partly priced in; the stock has lagged YTD, which some investors view as a buying opportunity. American Express Stock Has Fallen 12% in 2026. Time to Buy?
• Neutral Sentiment: Product coverage (e.g., Plum Card review) and design/architectural press on the new HQ add PR visibility but are unlikely to move fundamentals near term. The Plum Card from American Express review: Opt for cash back or float
• Negative Sentiment: Short interest in AXP rose ~20% in February (about 8.6M shares short, ~1.3% of float), which increases downside pressure if sentiment deteriorates and can amplify volatility. (Source: short‑interest release)

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AXP. Evercore set a $393.00 target price on American Express in a research note on Tuesday, February 10th. Credit Suisse Group set a $328.00 price target on shares of American Express in a report on Monday, January 12th. Barclays raised their price objective on American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. Weiss Ratings raised shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Finally, Wall Street Zen lowered American Express from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $352.73.

About American Express

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.