Baxter Bros Inc. lowered its holdings in shares of American Express Company (NYSE:AXP) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,373 shares of the payment services company’s stock after selling 2,665 shares during the quarter. American Express makes up approximately 3.4% of Baxter Bros Inc.’s holdings, making the stock its 8th biggest position. Baxter Bros Inc.’s holdings in American Express were worth $28,994,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. increased its holdings in American Express by 27.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock worth $1,310,515,000 after acquiring an additional 845,283 shares in the last quarter. Amundi increased its holdings in American Express by 23.9% in the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock worth $925,449,000 after acquiring an additional 537,205 shares in the last quarter. Danske Bank A S purchased a new stake in American Express in the 3rd quarter worth approximately $153,292,000. Capital Wealth Planning LLC increased its holdings in American Express by 18.5% in the 3rd quarter. Capital Wealth Planning LLC now owns 2,169,242 shares of the payment services company’s stock worth $720,535,000 after acquiring an additional 337,991 shares in the last quarter. Finally, Credit Agricole S A purchased a new stake in American Express in the 3rd quarter worth approximately $93,571,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Insider Transactions at American Express
In other news, insider Denise Pickett sold 23,385 shares of the firm’s 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 transaction, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Anna Marrs sold 27,425 shares of the 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 transaction, the insider directly owned 20,394 shares of the company’s stock, valued at $7,138,103.94. The trade was a 57.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 73,944 shares of company stock worth $26,114,366. Corporate insiders own 0.14% of the company’s stock.
Analyst Ratings Changes
American Express Price Performance
Shares of AXP stock opened at $325.94 on Friday. The stock has a 50 day moving average price of $316.83 and a 200 day moving average price of $344.53. American Express Company has a 52-week low of $239.27 and a 52-week high of $387.49. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. The firm has a market capitalization of $223.52 billion, a P/E ratio of 21.18, a P/E/G ratio of 1.39 and a beta of 1.13.
American Express (NYSE:AXP – Get Free Report) last issued its 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). The company 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%. During the same period in the prior year, the firm posted $3.04 earnings per share. The firm’s revenue for the quarter 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. As a group, sell-side analysts predict that American Express Company will post 15.33 earnings per share for the current year.
American Express Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be issued a $0.95 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. This is a positive change from American Express’s previous quarterly dividend of $0.82. American Express’s dividend payout ratio (DPR) is currently 24.69%.
American Express News Summary
Here are the key news stories impacting American Express this week:
- Positive Sentiment: AmEx announced it will acquire Hyper, an AI-focused expense-management startup, to add agentic AI capabilities to its commercial services — a strategic step to automate expense workflows and strengthen product differentiation. AmEx to buy Altman-backed Hyper in push for AI-powered expense tools
- Positive Sentiment: Official press release: AmEx frames the Hyper deal as adding AI expertise and expense-management capabilities that will be integrated into its commercial platform; the acquisition is expected to close in Q2. American Express to Acquire Hyper, Adding to Its AI Expertise and Expense Management Capabilities
- Positive Sentiment: AmEx is expanding its AI product stack (ACE developer tools and agent protections) and positioning itself to capture automation demand in corporate spending — a structural growth theme that could improve monetization of commercial accounts over time. Can American Express Build Trust in the Age of AI Commerce?
- Neutral Sentiment: Credit-quality update: AmEx reports stable credit quality with only moderate write-offs, suggesting consumer and commercial credit trends remain manageable heading into earnings. This limits downside from credit surprise risk for the quarter. American Express Reports Stable Credit Quality, Moderate Write-Offs
- Neutral Sentiment: Analysts expect AXP’s earnings to grow and some street notes flag AmEx as set up for an earnings beat next week — this makes the upcoming report a focal point for short-term volatility. American Express (AXP) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Negative Sentiment: Despite the Hyper headlines, AXP traded down while the broader market rose — indicating investors either took profits, are awaiting deal details (financial terms were not disclosed) or are positioning ahead of the earnings release. That reaction is pressuring the stock in the near term. American Express (AXP) Stock Dips While Market Gains: Key Facts
American Express 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.
See Also
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