American Express Company $AXP Shares Newly Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in shares of American Express Company (NYSE:AXP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,287 shares of the payment services company’s stock, valued at approximately $1,073,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Archer Investment Corp acquired a new stake in shares of American Express during the 2nd quarter valued at approximately $25,000. Elevation Wealth Partners LLC boosted its stake in shares of American Express by 78.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after acquiring an additional 41 shares in the last quarter. John Boyer Inc. acquired a new stake in shares of American Express in the 3rd quarter worth approximately $29,000. Cedar Mountain Advisors LLC grew its holdings in shares of American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after acquiring an additional 35 shares during the period. Finally, Frazier Financial Advisors LLC purchased a new position in American Express in the 2nd quarter valued at approximately $33,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Key American Express News

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

• Positive Sentiment: American Express and Fanatics introduced a co-branded credit card and added Fanatics FanCash as a Membership Rewards transfer option. The partnership could broaden AmEx’s appeal among sports fans and create another way to engage cardmembers, though the reports did not quantify the potential financial contribution. AmEx Takes Page From Trading Cards With Fanatics Deal
• Positive Sentiment: A Zacks article highlighted American Express as a long-term stock pick, supporting a favorable investment view, although it did not report a new company development. Why American Express Is a Top Stock for the Long-Term
• Neutral Sentiment: A report said American Express shares gained but lagged the broader market, indicating the stock’s session performance was weaker than the market overall. American Express Stock Rises Monday, Still Underperforms Market
• Negative Sentiment: Commentary noted that premium-card fee growth is strong, but rising rewards, benefits and marketing expenses may make it harder to convert that growth into higher profits. Can American Express Turn Premium Card Growth Into Higher Profits?

American Express Trading Up 1.0%

Shares of AXP opened at $324.35 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.58. The firm has a 50 day simple moving average of $316.03 and a 200-day simple moving average of $325.48. American Express Company has a 1-year low of $290.97 and a 1-year high of $387.49. The stock has a market cap of $217.49 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 1.40 and a beta of 1.09.

American Express (NYSE:AXP) last posted its earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. American Express’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Equities analysts forecast that American Express Company will post 17.98 EPS for the current fiscal year.

American Express Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s payout ratio is 21.40%.

Wall Street Analyst Weigh In

AXP has been the subject of several research reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $330.00 price objective on shares of American Express in a report on Friday, October 23rd. HSBC upped their target price on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. William Blair restated an “outperform” rating on shares of American Express in a research report on Friday, October 23rd. Morgan Stanley cut their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research note on Monday, October 12th. Finally, Piper Sandler boosted their price objective on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, American Express has a consensus rating of “Moderate Buy” and an average price target of $365.22.

Insider Activity

In related news, CEO Stephen J. Squeri sold 299,401 shares of American Express stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $332.16, for a total transaction of $99,449,036.16. Following the completion of the sale, the chief executive officer owned 60,567 shares in the company, valued at approximately $20,117,934.72. This trade represents a 83.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Anna Marrs sold 44,910 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $327.20, for a total transaction of $14,694,552.00. Following the completion of the transaction, the insider directly owned 20,509 shares of the company’s stock, valued at $6,710,544.80. The trade was a 68.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 414,171 shares of company stock worth $137,069,544 over the last three months. 0.14% of the stock is currently owned by corporate insiders.

American Express Profile

American Express Company is a global payments and financial services company that operates a card-issuing business and a payments network. Its products and services include consumer, small-business and corporate cards, payment processing, lending, travel services and expense-management solutions.

Founded in 1850 as an express mail business, the company expanded into financial services and became known for its charge cards and travel-related services. Today, it serves cardholders and businesses in the United States and markets around the world, connecting customers, merchants and financial institutions through its network.

Stephen J.