Howard Grosfield Sells 8,134 Shares of American Express (NYSE:AXP) Stock

American Express Company (NYSE:AXP) insider Howard Grosfield sold 8,134 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

American Express Price Performance

NYSE:AXP traded down $5.04 during trading hours on Friday, hitting $337.84. The company’s stock had a trading volume of 3,810,023 shares, compared to its average volume of 3,197,249. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.66. The stock has a fifty day simple moving average of $367.70 and a 200-day simple moving average of $346.43. The company has a market capitalization of $231.96 billion, a P/E ratio of 21.95, a PEG ratio of 1.50 and a beta of 1.14.

American Express (NYSE:AXP) last issued its earnings results on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. During the same period in the previous year, the firm posted $3.04 EPS. The firm’s revenue was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts anticipate that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd were given a $0.82 dividend. The ex-dividend date was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. American Express’s dividend payout ratio (DPR) is currently 21.31%.

Hedge Funds Weigh In On American Express

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC grew its stake in American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC grew its position in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after buying an additional 200 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of American Express by 26.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 60,289 shares of the payment services company’s stock valued at $19,445,000 after acquiring an additional 12,476 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in American Express by 42.0% during the second quarter. Axxcess Wealth Management LLC now owns 5,195 shares of the payment services company’s stock worth $1,657,000 after acquiring an additional 1,536 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in American Express by 4.5% in the second quarter. Harbour Investments Inc. now owns 5,808 shares of the payment services company’s stock worth $1,852,000 after purchasing an additional 248 shares during the period. Institutional investors and hedge funds own 84.33% of the company’s stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: Management set FY‑2026 guidance for revenue growth (~9–10%) and EPS of $17.30–$17.90 (midpoint above some analyst expectations), reinforcing the narrative of resilient premium card spending supporting earnings. AXP anticipates a strong 2026 profit (Yahoo)
• Positive Sentiment: Coverage pieces and a Seeking Alpha “rating upgrade” highlight AmEx as a steady compounder, calling out premium spend strength and steady guidance as reasons to consider the stock. Seeking Alpha: AXP rating upgrade
• Positive Sentiment: Corporate actions and marketing (expanded NBA partnership, ongoing premium card activation efforts) support brand engagement and higher‑yield customer spend—a longer‑term revenue positive. NBA and American Express partnership
• Positive Sentiment: Quarterly dividend was paid (maintains yield ~0.9%); steady capital return is supportive for income‑focused holders. MarketBeat AXP dividend details
• Neutral Sentiment: Company presented at the UBS Financial Services Conference — useful detail for modeling and analyst updates but not an immediate catalyst by itself. UBS presentation (Seeking Alpha)
• Neutral Sentiment: American Express issued new debt to boost funding — improves liquidity/funding flexibility but raises leverage and interest‑cost exposure; market impact depends on size/terms. AXP boosts funding with new debt issuances
• Negative Sentiment: Large insider sales: Ravikumar Radhakrishnan sold 15,000 shares (~$5.35M at ≈$356.58) and Howard Grosfield sold 8,134 shares (~$2.82M at ≈$346.73). Big, concentrated insider reductions can weigh on near‑term sentiment. Insider trades alert (InsiderTrades)
• Negative Sentiment: Shares have underperformed peers and fell in recent sessions (coverage citing CNBC/Benzinga), which can trigger sector rebalancing outflows and exacerbate declines. CNBC ‘Final Trades’ note (Benzinga)
• Negative Sentiment: Analysts have trimmed targets/ratings (Evercore/JPMorgan moves referenced), a reminder expectations are being modestly reset—analyst downgrades/target cuts can be immediate share‑price pressure. Analyst notes and PT changes (Benzinga)

Analysts Set New Price Targets

AXP has been the topic of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 price objective on shares of American Express in a report on Monday, January 12th. UBS Group restated a “neutral” rating and set a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. Morgan Stanley set a $395.00 price objective on American Express in a research note on Tuesday, January 20th. Wall Street Zen downgraded shares of American Express from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Evercore set a $400.00 price target on shares of American Express in a research report on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, American Express presently has an average rating of “Hold” and a consensus price target of $354.78.

American Express Company Profile

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.