American Express Company $AXP Stock Sold by Keybank National Association OH

Keybank National Association OH lowered its stake in American Express Company (NYSE:AXP) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 295,657 shares of the payment services company’s stock after selling 7,139 shares during the quarter. Keybank National Association OH’s holdings in American Express were worth $89,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AXP. Flputnam Investment Management Co. purchased a new stake in shares of American Express in the 2nd quarter valued at approximately $12,879,000. State Street Corp grew 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 purchasing an additional 11,739,541 shares in the last quarter. Evolve Private Wealth LLC purchased a new position in American Express during the 2nd quarter worth approximately $5,172,000. Silicon Valley Capital Partners raised its stake in American Express by 14.9% during 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 stake in American Express during the 2nd quarter valued at $11,642,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. President Capital increased their target price on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. TD Cowen lowered their price target on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. William Blair reissued an “outperform” rating on shares of American Express in a research report on Friday, October 23rd. Morgan Stanley dropped their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a research report on Monday, October 12th. Finally, 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 note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.22.

American Express Stock Performance

Shares of AXP opened at $323.67 on Wednesday. The company’s 50 day moving average price is $315.90 and its 200 day moving average price is $325.25. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The company has a market capitalization of $217.04 billion, a PE ratio of 18.22, a PEG ratio of 1.36 and a beta of 1.09. 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 (NYSE:AXP) last released its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.50 by $0.18. American Express had a net margin of 15.80% and a return on equity of 34.19%. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. During the same quarter in the prior year, the business earned $4.14 EPS. The company’s revenue for the quarter 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. Research analysts expect that American Express Company will post 17.98 EPS for the current fiscal year.

American Express Dividend Announcement

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

Insider Transactions at American Express

In other news, CEO Stephen Squeri sold 299,401 shares of the company’s 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. This represents a 83.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Laureen Seeger sold 69,860 shares of the stock in a transaction 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 sale, the insider owned 9,002 shares of the company’s stock, valued at approximately $2,954,186.34. This represents a 88.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 414,171 shares of company stock valued at $137,069,544. 0.14% of the stock is owned by insiders.

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?

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.