Amica Mutual Insurance Co. Lowers Stock Holdings in American Express Company $AXP

Amica Mutual Insurance Co. cut its stake in shares of American Express Company (NYSE:AXP) by 12.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,825 shares of the payment services company’s stock after selling 2,071 shares during the quarter. Amica Mutual Insurance Co.’s holdings in American Express were worth $4,924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AXP. Vanguard Group Inc. raised its position in American Express by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 46,425,262 shares of the payment services company’s stock valued at $14,808,730,000 after purchasing an additional 581,369 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of American Express by 11.1% during 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 period. Norges Bank purchased a new position in shares of American Express during the second quarter valued at $1,897,335,000. Artisan Partners Limited Partnership raised its holdings in shares of American Express by 3.0% in the second quarter. Artisan Partners Limited Partnership now owns 4,620,873 shares of the payment services company’s stock valued at $1,473,966,000 after acquiring an additional 133,439 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in American Express by 13.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,342,556 shares of the payment services company’s stock worth $1,385,188,000 after acquiring an additional 530,967 shares during the period. Institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: Management set FY‑2026 guidance for revenue growth (~9–10%) and EPS of $17.30–$17.90 (midpoint above some analyst expectations), reinforcing the narrative of resilient premium card spending supporting earnings. AXP anticipates a strong 2026 profit (Yahoo)
• Positive Sentiment: Coverage pieces and a Seeking Alpha “rating upgrade” highlight AmEx as a steady compounder, calling out premium spend strength and steady guidance as reasons to consider the stock. Seeking Alpha: AXP rating upgrade
• Positive Sentiment: Corporate actions and marketing (expanded NBA partnership, ongoing premium card activation efforts) support brand engagement and higher‑yield customer spend—a longer‑term revenue positive. NBA and American Express partnership
• Positive Sentiment: Quarterly dividend was paid (maintains yield ~0.9%); steady capital return is supportive for income‑focused holders. MarketBeat AXP dividend details
• Neutral Sentiment: Company presented at the UBS Financial Services Conference — useful detail for modeling and analyst updates but not an immediate catalyst by itself. UBS presentation (Seeking Alpha)
• Neutral Sentiment: American Express issued new debt to boost funding — improves liquidity/funding flexibility but raises leverage and interest‑cost exposure; market impact depends on size/terms. AXP boosts funding with new debt issuances
• Negative Sentiment: Large insider sales: Ravikumar Radhakrishnan sold 15,000 shares (~$5.35M at ≈$356.58) and Howard Grosfield sold 8,134 shares (~$2.82M at ≈$346.73). Big, concentrated insider reductions can weigh on near‑term sentiment. Insider trades alert (InsiderTrades)
• Negative Sentiment: Shares have underperformed peers and fell in recent sessions (coverage citing CNBC/Benzinga), which can trigger sector rebalancing outflows and exacerbate declines. CNBC ‘Final Trades’ note (Benzinga)
• Negative Sentiment: Analysts have trimmed targets/ratings (Evercore/JPMorgan moves referenced), a reminder expectations are being modestly reset—analyst downgrades/target cuts can be immediate share‑price pressure. Analyst notes and PT changes (Benzinga)

Wall Street Analyst Weigh In

AXP has been the subject of several recent research reports. TD Cowen restated a “hold” rating on shares of American Express in a report on Thursday, January 8th. Morgan Stanley set a $395.00 price objective on shares of American Express in a research note on Tuesday, January 20th. DZ Bank upgraded American Express from a “sell” rating to a “hold” rating and set a $340.00 target price for the company in a report on Tuesday, October 21st. Compass Point reiterated a “neutral” rating and issued a $324.00 price target on shares of American Express in a report on Monday, October 20th. Finally, BTIG Research reissued a “sell” rating and issued a $328.00 price target on shares of American Express in a research report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, American Express currently has a consensus rating of “Hold” and an average price target of $354.78.

American Express Stock Down 1.5%

AXP stock opened at $337.84 on Monday. The stock has a market capitalization of $231.96 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.14. 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 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. The firm has a 50 day moving average of $367.05 and a 200 day moving average of $347.19.

American Express (NYSE:AXP) last posted its quarterly earnings results 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 return on equity of 33.49% and a net margin of 15.00%.The company 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 business posted $3.04 EPS. 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. Sell-side analysts forecast 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 was paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. American Express’s payout ratio is currently 21.31%.

Insider Transactions at American Express

In other American Express news, insider Denise Pickett sold 23,385 shares of American Express stock in a transaction that occurred on Thursday, February 5th. The shares were 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 directly owned 7,754 shares in the company, valued at approximately $2,767,480.14. The trade was a 75.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the company’s stock in a transaction 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 completion of the sale, the insider directly owned 8,945 shares in the company, valued at $3,189,608.10. This trade represents a 62.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,944 shares of company stock worth $26,114,366 in the last 90 days. 0.20% of the stock is owned by company insiders.

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.