Mairs & Power Inc. Sells 19,957 Shares of American Express Company $AXP

Mairs & Power Inc. lessened its holdings in American Express Company (NYSE:AXP) by 10.5% during the third quarter, Holdings Channel.com reports. The firm owned 170,031 shares of the payment services company’s stock after selling 19,957 shares during the quarter. Mairs & Power Inc.’s holdings in American Express were worth $56,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Valley Wealth Managers Inc. boosted its stake 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 in the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of American Express during the third quarter valued at approximately $27,000. Guerra Advisors Inc bought a new stake in shares of American Express during the third quarter valued at approximately $28,000. Halbert Hargrove Global Advisors LLC raised its holdings in American Express by 210.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock worth $29,000 after acquiring an additional 59 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in American Express during the 3rd quarter valued at $34,000. Institutional investors own 84.33% of the company’s stock.

American Express Trading Down 0.6%

NYSE:AXP opened at $298.05 on Tuesday. American Express Company has a one year low of $220.43 and a one year high of $387.49. The business has a fifty day moving average price of $342.37 and a 200-day moving average price of $348.92. The firm has a market capitalization of $204.64 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.27 and a beta of 1.15. 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 released its 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 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 analysts’ expectations of $18.91 billion. During the same quarter last year, the firm posted $3.04 earnings per share. American Express’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. Sell-side analysts forecast that American Express Company will post 15.33 EPS for the current year.

American Express Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 3rd will be issued 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 positive change from American Express’s previous quarterly dividend of $0.82. American Express’s payout ratio is currently 21.31%.

Insider Activity

In other news, insider Anna Marrs sold 27,425 shares of the 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 completion of 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Denise Pickett sold 23,385 shares of American Express stock in a transaction on Thursday, February 5th. The shares were 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 position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 73,944 shares of company stock valued at $26,114,366. 0.20% of the stock is owned by insiders.

Key Headlines Impacting American Express

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

• Positive Sentiment: Company expanded card‑member benefits and long‑term collaborations in the New York/New Jersey and Atlanta markets — helps engagement, retention and spend among key customer cohorts. American Express Company (AXP) Expands Card Member Benefits
• Positive Sentiment: Analyses highlight durable demand from younger consumers and management’s long‑run aim for mid‑teens EPS growth — a constructive narrative for long‑term revenue and member growth despite near‑term volatility. Is American Express Stock a Millionaire Maker?
• Neutral Sentiment: Bank of America updated coverage after February results, nudging its price target to $381 from $382 but reiterating a Buy — a rounding tweak that keeps street support intact. Bank of America Sees Stable Credit Trends in American Express (AXP) Update
• Neutral Sentiment: Company reported generally stable U.S. consumer and small business credit metrics with modest declines — suggests credit quality isn’t deteriorating materially, limiting downside from losses. American Express Reports Stable Credit Metrics Amid Modest Decline
• Neutral Sentiment: Valuation commentary: AXP trades above industry multiples but below its five‑year median, so some analysts see a premium that’s defendable by earnings resilience; this keeps the debate balanced. Is American Express a Buy Now Despite its Premium Valuation?
• Neutral Sentiment: Industry note — Visa’s ongoing tokenization and digital-credential push underscores faster digital payments trends; AXP must keep pace on digital security/features. Visa’s Token Strategy: A Quiet Shift Powering Future Payments
• Negative Sentiment: BTIG cut its price target sharply to $285 and moved to a Sell rating — a material negative from a sell‑side voice that can pressure the stock and momentum traders. BTIG Lowers Price Target, Issues Sell
• Negative Sentiment: Unusual options activity: traders bought ~43,272 put contracts (≈140% above typical daily put volume), signaling increased hedging or bearish speculative positioning.
• Negative Sentiment: Competitive risk: Robinhood is rolling out a new platinum credit card — a lower‑cost acquisition vehicle that could pressure premium card issuers’ new‑user growth/market share over time. Did Robinhood Just Say “Checkmate” to American Express?

Analyst Upgrades and Downgrades

AXP has been the topic of several recent analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $420.00 price objective on shares of American Express in a research report on Tuesday, January 6th. Morgan Stanley set a $395.00 price target on shares of American Express in a research note on Tuesday, January 20th. JPMorgan Chase & Co. lowered their price objective on shares of American Express from $385.00 to $375.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Wells Fargo & Company lifted their target price on shares of American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Finally, TD Cowen reissued a “hold” rating on shares of American Express in a report on Thursday, January 8th. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $354.86.

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.