77,800 American Express Company $AXP Shares Purchased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. raised its holdings in shares of American Express Company (NYSE:AXP) by 50.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 232,681 shares of the payment services company’s stock after purchasing an additional 77,800 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in American Express were worth $70,758,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Flputnam Investment Management Co. bought a new position in American Express in the second quarter valued at approximately $12,879,000. State Street Corp raised its position in shares of American Express by 40.2% during the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after acquiring an additional 11,739,541 shares during the last quarter. Evolve Private Wealth LLC bought a new stake in shares of American Express during the 2nd quarter valued at $5,172,000. Silicon Valley Capital Partners lifted its stake in shares of American Express by 14.9% in the 2nd quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company’s stock valued at $14,030,000 after purchasing an additional 5,365 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of American Express in the 2nd quarter valued at $11,642,000. Institutional investors own 84.33% of the company’s stock.

American Express Price Performance

Shares of AXP stock opened at $307.85 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The firm has a fifty day moving average of $325.07 and a 200-day moving average of $324.99. The firm has a market capitalization of $207.90 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08.

American Express (NYSE:AXP) last issued its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the business posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts forecast that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s dividend payout ratio (DPR) is currently 23.06%.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express launched an integrated Corporate Cashback platform combining new cards, expense-management software and AI tools intended to automate corporate spending controls and reporting. The company also said its cards are now accepted at more than 190 million locations globally, supporting its value proposition to business customers. American Express Rolls Out Corporate Cashback Platform As Acceptance Hits 190 Million Locations
• Positive Sentiment: Amex is advising merchants on preparing for AI-powered “agentic commerce,” including how to manage autonomous shopping agents and payment reliability. Offering protection if transactions go wrong could help build trust and strengthen Amex’s role in emerging digital commerce, though it may introduce some costs and liability. Amex Advises Businesses on AI
• Positive Sentiment: Strong demand for premium travel benefits is prompting American Express to build a significantly larger Centurion Lounge at Newark Airport. The expansion highlights continued customer demand and could support card acquisition and retention, although it also requires additional investment. Amex Supersizes Newark Airport Centurion Lounge Before It Even Opens
• Neutral Sentiment: AXP is attracting elevated attention on Zacks, but the article is primarily a recap of factors investors should consider rather than a new company announcement or changed forecast. American Express Is a Trending Stock
• Neutral Sentiment: Investors are also highlighting the upcoming dividend eligibility deadline, which may attract income-focused buyers, but the event is unlikely to materially change American Express’s underlying earnings outlook. Own American Express By Oct. 9 to Qualify for Its Dividend

Analyst Ratings Changes

AXP has been the topic of several recent research reports. Morgan Stanley reduced their price target on American Express from $385.00 to $382.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $328.00 to $400.00 in a report on Monday, July 13th. President Capital increased their target price on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Royal Bank Of Canada cut American Express from a “moderate buy” rating to a “hold” rating in a report on Monday, July 13th. Finally, Bank of America boosted their target price on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, American Express currently has an average rating of “Hold” and a consensus price target of $365.07.

American Express Profile

American Express Company (NYSE: AXP) is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.