Rhumbline Advisers Cuts Stake in American Express Company $AXP

Rhumbline Advisers trimmed its stake in American Express Company (NYSE:AXP) by 1.1% in the third quarter, Holdings Channel.com reports. The firm owned 1,042,419 shares of the payment services company’s stock after selling 11,296 shares during the quarter. Rhumbline Advisers’ holdings in American Express were worth $346,250,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in American Express during the second quarter valued at about $1,897,335,000. Laurel Wealth Advisors LLC grew its holdings in shares of American Express by 31,595.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,742,009 shares of the payment services company’s stock worth $555,666,000 after purchasing an additional 1,736,513 shares during the period. Geode Capital Management LLC increased its position in American Express by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company’s stock worth $4,282,984,000 after purchasing an additional 1,349,746 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in American Express by 26.1% in the second quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company’s stock valued at $988,676,000 after buying an additional 646,039 shares during the period. Finally, Provident Trust Co. raised its holdings in American Express by 136.6% in the second quarter. Provident Trust Co. now owns 1,108,971 shares of the payment services company’s stock valued at $353,740,000 after buying an additional 640,214 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Trading Up 0.9%

NYSE:AXP opened at $363.01 on Wednesday. The stock has a market cap of $249.25 billion, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 1.52 and a beta of 1.14. American Express Company has a one year low of $220.43 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.66 and a current ratio of 1.59. The business’s 50-day simple moving average is $368.55 and its 200 day simple moving average is $346.40.

American Express (NYSE:AXP) last issued its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The business had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. During the same quarter last year, the business earned $3.04 EPS. American Express’s revenue for the quarter 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. As a group, sell-side analysts predict that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were issued a $0.82 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 annualized dividend and a yield of 0.9%. American Express’s dividend payout ratio is currently 21.31%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AXP shares. JPMorgan Chase & Co. dropped their price objective on shares of American Express from $385.00 to $375.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Wall Street Zen downgraded American Express from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Credit Suisse Group set a $328.00 price objective on American Express in a research report on Monday, January 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $420.00 target price on shares of American Express in a research note on Tuesday, January 6th. Finally, Evercore ISI set a $393.00 price target on American Express in a research report on Tuesday. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, American Express currently has a consensus rating of “Hold” and a consensus target price of $354.78.

Insiders Place Their Bets

In other news, insider Denise Pickett sold 23,385 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the transaction, the insider owned 7,754 shares of the company’s stock, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Anna Marrs sold 27,425 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares of the company’s stock, valued at approximately $7,138,103.94. This represents a 57.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.20% of the company’s stock.

More American Express News

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

• Positive Sentiment: Multiyear extension with the NBA expands AmEx’s leaguewide branding and experiential offers, which can drive premium-card acquisition and cardholder spend. NBA, American Express announce multiyear partnership extension
• Positive Sentiment: Coverage highlights the company’s push to court “experience-focused” cardholders via expanded NBA ties — a strategy that supports higher-margin spending patterns for premium cards. American Express Expands NBA Ties As It Courts Experience Focused Cardholders
• Positive Sentiment: Market articles point to the NBA deal as a near-term sentiment catalyst for the stock’s move higher, reinforcing investor interest in AmEx’s brand-driven growth initiatives. Why is American Express stock trading higher Tuesday?
• Neutral Sentiment: Management presented at the UBS Financial Services Conference; the transcript provides detail on strategy and metrics but contains no obvious surprise that would materially change near‑term consensus. Useful for analysts updating models. American Express Company (AXP) Presents at UBS Financial Services Conference 2026 Transcript
• Neutral Sentiment: Evercore ISI kept an In‑Line rating on AXP but trimmed its price target from $400 to $393 — a modest downgrade in target that partially offsets positive marketing headlines. Why Is American Express Stock Tuesday?
• Positive Sentiment: Longer-term bullish commentary (e.g., The Motley Fool coverage) reiterates AmEx’s durable competitive advantages and growth investments, which supports investor conviction beyond the headline cycle. This Buffett Stock Has Crushed the Market During the Past 5 Years. Here’s Why It’s Still a Buy Today.
• Negative Sentiment: Insider selling reported: an executive sale of roughly $9.6M in AXP stock — can be viewed as a cautionary signal for some investors about near‑term insider conviction. Insider Selling: American Express (NYSE:AXP) Insider Sells $9,599,024.25 in Stock
• Negative Sentiment: Another insider sale reported (~$8.35M) adds to the selling narrative and may temper enthusiasm among short‑term traders. Insider Selling: American Express (NYSE:AXP) Insider Sells $8,346,340.35 in Stock

American Express 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.