Cambria Investment Management L.P. acquired a new stake in shares of American Express Company (NYSE:AXP) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,131 shares of the payment services company’s stock, valued at approximately $708,000.
Other hedge funds have also made changes to their positions in the company. Trajan Wealth LLC boosted its stake in American Express by 30.9% during the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock worth $8,271,000 after buying an additional 5,881 shares in the last quarter. Hillsdale Investment Management Inc. raised its stake in shares of American Express by 218.7% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock valued at $2,837,000 after buying an additional 5,860 shares in the last quarter. ZEGA Investments LLC bought a new position in shares of American Express during the 3rd quarter worth about $1,080,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of American Express by 0.3% during the 3rd 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. boosted its position in shares of American Express by 11.7% during 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 in the last quarter. Institutional investors own 84.33% of the company’s stock.
Key Headlines Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Company raised its quarterly dividend by ~16% and is pushing digital initiatives and partnerships that expand premium customer perks and corporate product integrations — supports recurring revenue and shareholder returns. How Amex’s Dividend Hike And Digital Push At American Express (AXP) Has Changed Its Investment Story
- Positive Sentiment: AmEx expanded its corporate product by adding virtual card features for SAP Concur clients — a sales motion that can increase fee revenue and stickiness in corporate spend. Amex soups up cards for Concur
- Positive Sentiment: Market commentators (Barron’s, The Motley Fool) argue the pullback creates a buying opportunity for long-term investors, citing AmEx’s premium brand, strong returns on equity, and Berkshire Hathaway support — helps buoy contrarian demand. Visa, Mastercard and American Express Have Gotten Roughed Up. The Case for Buying the Dip.
- Neutral Sentiment: Analysis pieces consider AXP among top financial stocks to own if rates become volatile due to geopolitical risk (Iran)—this frames AXP as resilient but is macro-dependent. Is American Express (AXP) The Best Financial Stock to Buy Amid Potential Interest Rate Volatility Coming Due to Iran War
- Neutral Sentiment: Industry/tech news (BrightQuery joining FINOS) and an unrelated insurer earnings release were picked up in feeds but have no direct, material impact on AmEx fundamentals. BrightQuery Becomes Gold Member of FINOS, the Fintech Open Source Foundation, and Joins Governing Board
- Negative Sentiment: Governance pressure: the National Legal and Policy Center and anti‑DEI activists have successfully pushed some companies (including calls at firms like AmEx) to remove DEI from board selection processes — heightens regulatory/shareholder friction and could create headline risk. After notable victories, anti-DEI shareholders turn sights on Trump’s SEC
- Negative Sentiment: Market reaction pieces note recent share weakness and larger-than-market declines in recent sessions — short-term sentiment and positioning (profit-taking, lower multiple) have pressured the stock. Here’s Why American Express (AXP) Fell More Than Broader Market
American Express Price Performance
American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $18.91 billion. During the same period last year, the company posted $3.04 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. 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 fiscal year.
American Express Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be given a $0.95 dividend. This is a boost from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.3%. American Express’s payout ratio is 21.31%.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Credit Suisse Group set a $328.00 price target on shares of American Express in a research report on Monday, January 12th. Truist Financial dropped their target price on American Express from $420.00 to $400.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Wolfe Research began coverage on American Express in a research note on Monday, December 8th. They issued a “peer perform” rating on the stock. TD Cowen reiterated a “hold” rating on shares of American Express in a research note on Thursday, January 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of American Express in a report on Monday. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, American Express presently has a consensus rating of “Hold” and a consensus target price of $354.86.
Check Out Our Latest Stock Analysis on AXP
Insider Activity
In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This trade represents a 62.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total value of $8,346,340.35. Following the transaction, the insider directly owned 7,754 shares in the company, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 73,944 shares of company stock valued at $26,114,366 in the last 90 days. 0.20% of the stock is owned by company insiders.
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.
See Also
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