American Express Company $AXP Shares Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC grew its position in American Express Company (NYSE:AXP) by 52.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 39,558 shares of the payment services company’s stock after buying an additional 13,619 shares during the quarter. NewEdge Wealth LLC’s holdings in American Express were worth $14,635,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Valley Wealth Managers Inc. lifted its holdings 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 valued at $25,000 after purchasing an additional 46 shares in the last quarter. Joseph Group Capital Management purchased a new stake in shares of American Express during the fourth quarter worth $26,000. Manning & Napier Advisors LLC purchased a new stake in shares of American Express during the third quarter worth $27,000. Guerra Advisors Inc acquired a new stake in shares of American Express in the third quarter valued at about $28,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of American Express in the third quarter worth about $28,000. 84.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other American Express news, insider Howard Grosfield sold 8,134 shares of American Express stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares in the company, valued at $3,270,704.09. This trade represents a 46.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the completion of the sale, the insider directly owned 8,945 shares in the company, valued at $3,189,608.10. This trade represents a 62.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.14% of the company’s stock.

American Express Stock Performance

American Express stock opened at $315.79 on Friday. The stock has a market cap of $215.47 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 1.29 and a beta of 1.08. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The firm has a 50 day simple moving average of $311.10 and a 200-day simple moving average of $344.05. American Express Company has a 1-year low of $281.46 and a 1-year high of $387.49.

American Express (NYSE:AXP) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. During the same period in the prior year, the business posted $3.64 earnings per share. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts expect that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were given a $0.95 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio is currently 23.71%.

Trending Headlines about American Express

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

• Positive Sentiment: Warren Buffett publicly praised Greg Abel, reinforcing the market’s view that Berkshire’s leadership remains constructive on high-quality financial names like American Express. Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”
• Positive Sentiment: Multiple articles highlighted American Express as a Berkshire favorite and one of Buffett’s best value ideas for 2026, which can support sentiment around AXP as a durable, cash-generating franchise. American Express (AXP) – Among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett
• Positive Sentiment: American Express’ move to sell its remaining stake in American Express Global Business Travel for about $1.5 billion was described as helping the company refocus on its core card business, which investors often view favorably. American Express Exit From GBT Refocuses Capital On Core Card Engine
• Positive Sentiment: American Express also launched an AI upskilling initiative for small businesses, a potentially positive long-term move that could deepen customer relationships and strengthen its small-business ecosystem. American Express Uses AI Upskilling To Deepen Small Business Relationships
• Neutral Sentiment: Shareholders reaffirmed the board, executive pay, and auditor at the annual meeting, removing a potential governance overhang but likely not a major near-term stock catalyst. American Express Shareholders Reaffirm Board, Pay and Auditor
• Neutral Sentiment: Articles comparing AXP with other value stocks or peers are generally informational and do not appear to be driving the move on their own. INTR vs. AXP: Which Stock Should Value Investors Buy Now?

Analyst Ratings Changes

Several analysts recently issued reports on AXP shares. Evercore set a $345.00 price objective on shares of American Express in a research note on Wednesday, April 29th. The Goldman Sachs Group raised their target price on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wells Fargo & Company lowered their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. UBS Group reaffirmed a “neutral” rating and issued a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. reduced their price objective on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express currently has a consensus rating of “Hold” and a consensus target price of $357.47.

About American Express

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.