American Century Companies Inc. raised its stake in shares of American Express Company (NYSE:AXP) by 9.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,109,457 shares of the payment services company’s stock after buying an additional 93,505 shares during the period. American Century Companies Inc. owned 0.16% of American Express worth $368,517,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the stock. Valley Wealth Managers Inc. lifted its holdings in American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after purchasing an additional 46 shares during the last quarter. Access Investment Management LLC acquired a new position in American Express during the second quarter valued at approximately $26,000. Manning & Napier Advisors LLC bought a new position in shares of American Express in the third quarter valued at approximately $27,000. Guerra Advisors Inc acquired a new stake in shares of American Express in the third quarter worth $28,000. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of American Express by 210.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock worth $29,000 after buying an additional 59 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.
American Express Stock Down 8.2%
Shares of NYSE:AXP opened at $307.93 on Friday. The company’s fifty day moving average is $358.41 and its 200-day moving average is $349.00. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. American Express Company has a 52 week low of $220.43 and a 52 week high of $387.49. The company has a market capitalization of $211.43 billion, a PE ratio of 20.01, a P/E/G ratio of 1.42 and a beta of 1.14.
American Express Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd were paid a $0.82 dividend. The ex-dividend date was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s payout ratio is 21.31%.
Wall Street Analyst Weigh In
Several brokerages recently commented on AXP. Credit Suisse Group set a $328.00 target price on shares of American Express in a report on Monday, January 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $425.00 price target on shares of American Express in a research report on Monday, January 12th. TD Cowen reiterated a “hold” rating on shares of American Express in a research note on Thursday, January 8th. Barclays increased their target price 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. Finally, Wells Fargo & Company raised their target price on American Express from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, American Express has an average rating of “Hold” and an average target price of $352.73.
Insiders Place Their Bets
In related news, insider Denise Pickett sold 23,385 shares of the stock in a transaction that occurred 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 sale, the insider directly owned 7,754 shares in the company, valued at $2,767,480.14. This represents a 75.10% decrease in their position. The transaction 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 firm’s 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 directly owned 20,394 shares of the company’s stock, valued at $7,138,103.94. This represents a 57.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 73,944 shares of company stock valued at $26,114,366 over the last quarter. 0.20% of the stock is owned by insiders.
Trending Headlines about American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Large corporate real-estate move could be seen as a long-term vote of confidence in the business and NYC hub status; American Express will relocate its global HQ to 2 World Trade Center, a project that supports the firm’s long-term footprint and corporate visibility. American Express to move into new headquarters in final World Trade Center building
- Neutral Sentiment: Earlier session headlines and analyst coverage noted a rebound in AXP tied to macro / AI commentary (Nvidia CEO remarks) and mentions in listicles, but these items appear to have had only temporary upside ahead of today’s sell-off. Why the Market Dipped But American Express (AXP) Gained Today
- Negative Sentiment: Headline focus on AI-driven workforce cuts prompted fresh investor concern and selling pressure, cited in market commentary as a near-term catalyst for the drop. Is It Time to Sell American Express Stock?
- Negative Sentiment: Unusual options activity: buyers bought ~21,709 put contracts (≈31% above average), indicating elevated short-term bearish bets and hedging demand that can amplify downside. (No direct article link provided.)
- Negative Sentiment: Short interest rose ~20% in February to ~8.6M shares, increasing the proportion of shares sold short and adding downward pressure risk if sentiment worsens. (Data summary provided in market feeds.)
- Negative Sentiment: Opinion / analysis pieces are flagging AXP’s YTD pullback (roughly mid-February-to-date slump and discussion of whether the fall is a buying opportunity or structural warning), which can drive momentum-based selling. American Express Has Slumped: Is It a Bargain or a Red Flag?
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.
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