Oppenheimer & Co. Inc. cut its position in American Express Company (NYSE:AXP) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,754 shares of the payment services company’s stock after selling 1,414 shares during the period. Oppenheimer & Co. Inc.’s holdings in American Express were worth $21,509,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in American Express in the 2nd quarter valued at $1,897,335,000. Laurel Wealth Advisors LLC increased its stake in shares of American Express by 31,595.9% in the second quarter. Laurel Wealth Advisors LLC now owns 1,742,009 shares of the payment services company’s stock valued at $555,666,000 after buying an additional 1,736,513 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of American Express by 11.1% in the second quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company’s stock valued at $4,282,984,000 after buying an additional 1,349,746 shares during the last quarter. Ameriprise Financial Inc. lifted its position in American Express by 26.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company’s stock worth $988,676,000 after buying an additional 646,039 shares in the last quarter. Finally, Provident Trust Co. grew its holdings in American Express by 136.6% during the 2nd quarter. Provident Trust Co. now owns 1,108,971 shares of the payment services company’s stock worth $353,740,000 after acquiring an additional 640,214 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.
More American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Truist reaffirmed a Buy on AXP, citing the company’s underlying growth despite rising costs after Q4 — this supports upside expectations from analysts who focus on AmEx’s margin and card‑member trends. Truist Maintains Buy Rating on American Express
- Positive Sentiment: AmEx launched a Flexible Payment Option for small businesses (instant line of credit), which can expand payment volume and merchant relationships — a growth catalyst for loan receivables and fees. AmEx Debuts Flexible Payments for Small Businesses
- Positive Sentiment: Analysts and commentators are reassessing AXP’s valuation after double‑digit revenue and earnings growth in the latest quarter and a FY‑2026 EPS guide that implies upside vs. some street estimates. That narrative supports the current uptick. Assessing American Express (AXP) Valuation After Strong Double Digit Revenue And Earnings Growth
- Neutral Sentiment: Multiple news services report that brokerages’ consensus rating is Hold, reflecting mixed views — steady fundamentals but limited near‑term upside per some firms. American Express Company (NYSE:AXP) Receives Consensus Rating of “Hold” from Brokerages
- Neutral Sentiment: Robert W. Baird and other outlets reiterate cautious/hold stances; analysts remain broadly optimistic on long‑term cash flows but cautious on near‑term multiples. Robert W. Baird Keeps Their Hold Rating on American Express (AXP)
- Neutral Sentiment: Market commentary and comparisons (e.g., GBOOY vs AXP) keep AXP on investors’ radar for relative value, but don’t shift consensus decisively. GBOOY or AXP: Which Is the Better Value Stock Right Now?
- Negative Sentiment: A Fool.com piece questions whether AXP is a buy given recent underperformance versus the broader market, a narrative that can cap enthusiasm and limit multiple expansion. Is American Express a Buy, Sell, or Hold in 2026?
Insider Buying and Selling at American Express
Analysts Set New Price Targets
AXP has been the topic of a number of research reports. Wall Street Zen lowered shares of American Express from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Morgan Stanley set a $395.00 target price on American Express in a research note on Tuesday, January 20th. Barclays upped their price target on American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $420.00 price objective on shares of American Express in a research report on Tuesday, January 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 price objective on shares of American Express in a report on Monday, January 12th. Nine analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $353.05.
Check Out Our Latest Stock Analysis on American Express
American Express Trading Up 1.3%
NYSE:AXP opened at $359.26 on Monday. The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 1.68. American Express Company has a 1-year low of $220.43 and a 1-year high of $387.49. The firm has a market capitalization of $247.48 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 1.52 and a beta of 1.14. The business’s 50-day moving average price is $368.52 and its two-hundred day moving average price is $345.67.
American Express (NYSE:AXP – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 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 company had revenue of ($17,139.00) million during the quarter, compared to the consensus estimate of $18.91 billion. During the same period last year, the company earned $3.04 earnings per share. The business’s revenue 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. On average, equities analysts expect that American Express Company will post 15.33 earnings per share for the current year.
American Express Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. American Express’s dividend payout ratio (DPR) is currently 21.31%.
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.
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