American Express Company $AXP Stock Position Raised by Narwhal Capital Management

Narwhal Capital Management raised its holdings in American Express Company (NYSE:AXP) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 63,144 shares of the payment services company’s stock after purchasing an additional 6,729 shares during the quarter. American Express makes up about 1.3% of Narwhal Capital Management’s investment portfolio, making the stock its 19th largest position. Narwhal Capital Management’s holdings in American Express were worth $19,202,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Flputnam Investment Management Co. bought a new position in American Express during the second quarter worth about $12,879,000. State Street Corp boosted its position in 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 worth $13,857,176,000 after acquiring an additional 11,739,541 shares during the last quarter. Evolve Private Wealth LLC bought a new position in American Express in the second quarter valued at $5,172,000. Silicon Valley Capital Partners grew its holdings 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 acquiring an additional 5,365 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of American Express during the 2nd quarter worth approximately $11,642,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express and Fanatics launched a co-branded card aimed at sports fans, connecting Membership Rewards points with Fanatics FanCash and offering sports-related experiences and merchandise benefits. The partnership could deepen customer engagement and broaden AXP’s reach; its contribution to revenue and profits is not yet clear. Article: American Express unveils sports rewards card tied to fan loyalty
• Positive Sentiment: American Express Canada and Marriott Bonvoy are adding a no-annual-fee card, scheduled to launch in February 2027, and enhancing existing co-branded cards with complimentary Gold Elite status. The expanded lineup may help attract and retain cardholders, although the new product is a future launch. Article: American Express and Marriott Bonvoy expand Canadian card portfolio
• Neutral Sentiment: American Express rose 28 places to No. 42 on the Roundtable 100. The improved ranking is favorable brand recognition, but the article does not identify a direct near-term financial impact. Article: American Express jumps 28 places on the Roundtable 100
• Negative Sentiment: Analysis notes that growth in premium-card fees could be offset by rising rewards, benefits and marketing expenses. The concern is whether AXP can turn premium-card momentum into stronger profits. Article: Can American Express turn premium card growth into higher profits?

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AXP shares. Loop Capital dropped their price objective on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Evercore set a $330.00 price objective on shares of American Express in a report on Tuesday, October 27th. Citigroup reduced their target price on American Express from $340.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, October 27th. Weiss Ratings upgraded American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, October 26th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $330.00 price objective on shares of American Express in a research report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $365.22.

Insiders Place Their Bets

In other American Express news, insider Anna Marrs sold 44,910 shares of American Express stock in a transaction that occurred on 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 transaction, the insider owned 20,509 shares of the company’s stock, valued at $6,710,544.80. This trade represents a 68.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen J. Squeri sold 299,401 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $332.16, for a total value of $99,449,036.16. Following the completion of the transaction, the chief executive officer owned 60,567 shares in the company, valued at $20,117,934.72. The trade was a 83.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 414,171 shares of company stock valued at $137,069,544. Corporate insiders own 0.14% of the company’s stock.

American Express Trading Down 0.2%

Shares of American Express stock opened at $323.67 on Wednesday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.58 and a current ratio of 1.58. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The stock has a 50 day moving average price of $315.90 and a two-hundred day moving average price of $325.25. The stock has a market capitalization of $217.04 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.36 and a beta of 1.09.

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

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, October 9th. American Express’s dividend payout ratio is presently 21.40%.

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.