DNB Asset Management AS Grows Stock Holdings in American Express Company $AXP

DNB Asset Management AS lifted its position in shares of American Express Company (NYSE:AXP) by 3.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,553 shares of the payment services company’s stock after purchasing an additional 3,839 shares during the period. DNB Asset Management AS’s holdings in American Express were worth $37,386,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AXP. Gratus Wealth Advisors LLC grew its position in shares of American Express by 0.8% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock worth $1,233,000 after buying an additional 28 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its stake in 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 acquiring an additional 28 shares during the period. McGlone Suttner Wealth Management Inc. boosted its holdings in 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 valued at $967,000 after acquiring an additional 29 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its holdings in American Express by 2.1% in the third quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after acquiring an additional 29 shares in the last quarter. Finally, Sandy Cove Advisors LLC increased its position in American Express by 2.1% during the 3rd quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock valued at $485,000 after purchasing an additional 30 shares during the period. 84.33% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $356.58, for a total value of $5,348,700.00. Following the completion of the transaction, the insider directly owned 8,945 shares in the company, valued at $3,189,608.10. The trade was a 62.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Anna Marrs sold 27,425 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the sale, the insider owned 20,394 shares in the company, valued at approximately $7,138,103.94. This represents a 57.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 73,944 shares of company stock valued at $26,114,366 in the last quarter. 0.20% of the stock is owned by company insiders.

Key Stories Impacting American Express

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)

American Express Stock Performance

Shares of AXP opened at $335.37 on Friday. 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 stock has a market cap of $230.27 billion, a P/E ratio of 21.79, a P/E/G ratio of 1.38 and a beta of 1.14. The business’s 50 day moving average price is $359.78 and its 200-day moving average price is $348.92. American Express Company has a 52 week low of $220.43 and a 52 week high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings data 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 net margin of 15.00% and a return on equity of 33.49%. The company had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same quarter in the previous year, the firm posted $3.04 EPS. The firm’s quarterly 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. Equities research analysts anticipate that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on AXP shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $420.00 target price on shares of American Express 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 research note on Monday, December 29th. Evercore set a $393.00 price objective on American Express in a research report on Tuesday, February 10th. Wells Fargo & Company upped their target price on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. Finally, BTIG Research restated a “sell” rating and issued a $328.00 target price on shares of American Express in a research note on Monday, February 2nd. 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.