Machina Capital S.A.S. Purchases 7,683 Shares of American Express Company $AXP

Machina Capital S.A.S. purchased a new position in shares of American Express Company (NYSE:AXP) in the 3rd quarter, Holdings Channel reports. The fund purchased 7,683 shares of the payment services company’s stock, valued at approximately $2,336,000.

Several other institutional investors have also modified their holdings of AXP. BlackRock Inc. bought a new stake in American Express in the 2nd quarter valued at about $14,208,662,000. State Street Corp boosted its stake 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 valued at $13,857,176,000 after purchasing an additional 11,739,541 shares during the period. Bank of America Corp DE grew its position in American Express by 8.4% in the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company’s stock worth $2,695,702,000 after purchasing an additional 614,981 shares during the last quarter. Corient Private Wealth LP bought a new position in American Express in the 2nd quarter worth about $253,945,000. Finally, Bank of New York Mellon Corp bought a new position in American Express in the 2nd quarter worth about $1,263,787,000. Institutional investors own 84.33% of the company’s stock.

Insider Activity at American Express

In other American Express news, insider Laureen Seeger sold 69,860 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $328.17, for a total value of $22,925,956.20. Following the completion of the sale, the insider directly owned 9,002 shares in the company, valued at $2,954,186.34. This represents a 88.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephen J. Squeri sold 299,401 shares of the stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $332.16, for a total value of $99,449,036.16. Following the transaction, the chief executive officer directly owned 60,567 shares of the company’s stock, valued at approximately $20,117,934.72. The trade was a 83.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 414,171 shares of company stock worth $137,069,544 over the last quarter. 0.14% of the stock is currently owned by company insiders.

American Express Stock Performance

Shares of AXP opened at $322.80 on Thursday. The firm has a 50-day moving average price of $315.87 and a 200 day moving average price of $325.06. The firm has a market capitalization of $216.45 billion, a PE ratio of 18.18, a P/E/G ratio of 1.36 and a beta of 1.09. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 1.64. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49.

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

American Express Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 9th were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, October 9th. American Express’s dividend payout ratio (DPR) is currently 21.40%.

American Express News Summary

Investors following AXP have been watching these news items:

• Positive Sentiment: American Express Canada and Marriott Bonvoy are adding a no-annual-fee card, slated to launch in February 2027, and enhancing existing cards with complimentary Gold Elite status. The expanded lineup may help attract and retain travel-focused customers. American Express and Marriott Bonvoy Expand Canadian Card Portfolio
• Positive Sentiment: American Express climbed 28 spots to No. 42 on the Roundtable 100. The improved ranking is favorable brand recognition, but is not itself evidence of stronger earnings. American Express Jumps 28 Places on the Roundtable 100
• Neutral Sentiment: American Express presented at the KBW Fintech Ecosystem Conference. The provided article listing contains no specific financial outlook or new developments to assess. American Express Presents at KBW Fintech Ecosystem Conference 2026

Analyst Upgrades and Downgrades

AXP has been the topic of several analyst reports. TD Cowen dropped their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a research note on Tuesday, October 6th. Loop Capital reduced their price objective on American Express from $389.00 to $386.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Barclays decreased their price objective on American Express from $342.00 to $340.00 and set an “equal weight” rating for the company in a report on Monday, October 26th. UBS Group raised their target price on American Express from $345.00 to $346.00 and gave the company a “neutral” rating in a research report on Monday, November 2nd. Finally, Morgan Stanley cut their target price on American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express presently has an average rating of “Moderate Buy” and an average price target of $365.22.

About American Express

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.