Achmea Investment Management B.V. Lowers Holdings in American Express Company $AXP

Achmea Investment Management B.V. decreased its position in shares of American Express Company (NYSE:AXP) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 133,337 shares of the payment services company’s stock after selling 2,697 shares during the quarter. Achmea Investment Management B.V.’s holdings in American Express were worth $44,289,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of AXP. Trajan Wealth LLC raised its position in shares of American Express by 30.9% during the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock valued at $8,271,000 after buying an additional 5,881 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in shares of American Express by 218.7% during the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after acquiring an additional 5,860 shares during the last quarter. ZEGA Investments LLC purchased a new position in American Express during the third quarter valued at $1,080,000. Sumitomo Mitsui Trust Group Inc. grew its stake in American Express by 0.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company’s stock valued at $531,038,000 after acquiring an additional 4,080 shares in the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. increased its holdings in American Express by 11.7% in the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock valued at $27,524,000 after acquiring an additional 8,651 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Insider Activity at American Express

In other American Express news, insider Howard Grosfield sold 8,134 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares of the company’s stock, valued at $3,270,704.09. The trade was a 46.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Denise Pickett sold 23,385 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider owned 7,754 shares in the company, valued at $2,767,480.14. This represents a 75.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 73,944 shares of company stock worth $26,114,366. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on AXP. Wolfe Research started coverage on shares of American Express in a report on Monday, December 8th. They set a “peer perform” rating for the company. Credit Suisse Group set a $328.00 price objective on American Express in a research note on Monday, January 12th. Truist Financial lowered their target price on American Express from $420.00 to $400.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Morgan Stanley set a $395.00 target price on shares of American Express in a report on Tuesday, January 20th. Finally, UBS Group restated a “neutral” rating and issued a $395.00 price target on shares of American Express in a research report on Wednesday, February 4th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $354.86.

Key Stories Impacting American Express

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

• Positive Sentiment: Bank of America reiterated a Buy on AXP after February operating results, trimming its price objective slightly to $381 — the reiteration of a Buy from a major bank supports investor confidence. Bank of America Sees Stable Credit Trends in American Express (AXP) Update
• Positive Sentiment: Several bullish pieces argue AXP is an attractive “dip buy,” pointing to resilient consumer spending, steady earnings growth and the company’s premium franchise — these narratives can attract buy-the-dip flows. American Express Is An Attractive Dip Buy As Growth Continues
• Positive Sentiment: Company credit metrics were reported as broadly stable (only modest deterioration in some consumer/small-business cohorts), which reduces near-term credit concerns for investors focused on card receivables. American Express Reports Stable Credit Metrics Amid Modest Decline
• Neutral Sentiment: Valuation debate continues: Zacks notes AXP trades at a premium to peers but below its own five‑year median — important context for investors weighing multiple vs. growth outlooks. Is American Express a Buy Now Despite its Premium Valuation?
• Neutral Sentiment: Industry tech shifts: Visa’s tokenization and digital credentialing trends underscore ongoing payments innovation; this is a sector tailwind but requires execution from AXP to fully benefit. Visa’s Token Strategy: A Quiet Shift Powering Future Payments
• Negative Sentiment: Unusual options activity: traders bought ~43,272 put contracts in one day (≈140% above normal daily put volume), signaling short-term hedging or bearish speculation that can pressure sentiment.
• Negative Sentiment: BTIG cut its price target to $285 and placed a Sell rating — a visible sell-side downgrade that can trigger tactical selling by funds that follow such calls. BTIG Lowers Price Target on American Express
• Negative Sentiment: Competitive pressure: Robinhood’s forthcoming platinum credit card rollout is a potential threat to premium card market share and rewards-driven customer acquisition. Did Robinhood Just Say “Checkmate” to American Express?

American Express Stock Up 0.7%

Shares of NYSE:AXP opened at $300.16 on Wednesday. American Express Company has a 1 year low of $220.43 and a 1 year high of $387.49. The business has a 50 day simple moving average of $340.70 and a two-hundred day simple moving average of $348.70. The firm has a market capitalization of $206.09 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.26 and a beta of 1.14. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations of $18.91 billion. During the same quarter in the previous year, the company posted $3.04 earnings per share. The company’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. On average, equities analysts predict that American Express Company will post 15.33 EPS for the current year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 3rd will be paid a $0.95 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $3.80 annualized dividend and a yield of 1.3%. This is a boost from American Express’s previous quarterly dividend of $0.82. American Express’s payout ratio is 21.31%.

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.