Equity Investment Corp Sells 211,471 Shares of American Express Company $AXP

Equity Investment Corp cut its position in shares of American Express Company (NYSE:AXP) by 96.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,836 shares of the payment services company’s stock after selling 211,471 shares during the period. Equity Investment Corp’s holdings in American Express were worth $2,271,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AXP. Valley Wealth Managers Inc. grew its holdings in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 46 shares in the last quarter. Briaud Financial Planning Inc purchased a new stake in American Express during the second quarter valued at $26,000. Access Investment Management LLC bought a new position in American Express during the second quarter valued at $26,000. Manning & Napier Advisors LLC bought a new position in American Express during the third quarter valued at $27,000. Finally, Guerra Advisors Inc purchased a new position in shares of American Express in the 3rd quarter worth $28,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the topic of several recent research reports. TD Cowen restated a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Barclays boosted their price objective on American Express from $355.00 to $367.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Morgan Stanley set a $395.00 price objective on American Express in a research report on Tuesday, January 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $425.00 target price on shares of American Express in a report on Monday, January 12th. Finally, UBS Group set a $385.00 price target on American Express in a report on Monday, January 12th. Nine investment 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’s stock. According to MarketBeat.com, American Express currently has a consensus rating of “Hold” and a consensus target price of $352.59.

American Express News Roundup

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

• Positive Sentiment: Truist cut its price target from $420 to $400 but kept a Buy rating, signaling continued conviction in AXP’s long‑term premium franchise. Truist Lowers PT to $400, Keeps Buy
• Positive Sentiment: Coverage noting that AXP helps broaden payment reach on major indexes and that momentum appears stable supports the view that the core merchant and premium-card businesses remain resilient. Does American Express Strengthen Dow Jones Payment Reach
• Neutral Sentiment: JPMorgan trimmed its target to $375 and moved to Neutral, reflecting more cautious near-term expectations but not a full sell signal.
• Neutral Sentiment: Coverage highlighting analyst disagreement (TipRanks) and published analyst-expectation pieces underline mixed market sentiment rather than a single consensus view. Analysts Conflicted on These Financial Names
• Negative Sentiment: A Benzinga report flagged that new card sign‑ups have slowed and maintained a Sell view, a direct growth concern for AXP’s future customer acquisition and spending trends. American Express Stumbles As New Card Sign‑Ups Lose Steam
• Negative Sentiment: BTIG reaffirmed a Sell rating with a $328 target, and other firms have trimmed targets — these analyst pressures create near‑term downside risk to the share price.
• Negative Sentiment: Operational/cost scrutiny: reporting that AXP is weighing a move to 2 World Trade Center and the associated long‑term costs adds investor focus on expense and capital allocation. American Express Weighs 2 World Trade Center Move

American Express Stock Performance

AXP stock opened at $349.90 on Wednesday. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49. The firm has a market cap of $241.03 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 1.48 and a beta of 1.14. The business’s fifty day simple moving average is $369.07 and its two-hundred day simple moving average is $344.61. The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 1.68.

American Express (NYSE:AXP) 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%. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts predict that American Express Company will post 15.33 earnings per share for the current year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, January 2nd. American Express’s dividend payout ratio 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.