American Express Company $AXP Holdings Decreased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC decreased its stake in shares of American Express Company (NYSE:AXP) by 10.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,304 shares of the payment services company’s stock after selling 3,623 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in American Express were worth $9,215,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new position in American Express during the 2nd quarter worth about $14,208,662,000. State Street Corp raised its stake in shares of American Express by 40.2% in 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. Corient Private Wealth LP bought a new stake in shares of American Express in the second quarter valued at about $253,945,000. Bank of New York Mellon Corp bought a new stake in shares of American Express in the second quarter valued at about $1,263,787,000. Finally, Legal & General Group Plc bought a new stake in shares of American Express in the second quarter valued at about $1,138,054,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Trading Down 0.2%

Shares of NYSE:AXP opened at $323.67 on Wednesday. The company’s 50-day moving average price is $315.90 and its two-hundred day moving average price is $325.25. American Express Company has a one year low of $290.97 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market capitalization of $217.04 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.36 and a beta of 1.09.

American Express (NYSE:AXP) last announced 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. The company had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. American Express’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the company earned $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, equities analysts forecast that American Express Company will post 17.98 EPS for the current fiscal year.

American Express Announces Dividend

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

More American Express News

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?

Insider Buying and Selling at American Express

In other American Express news, insider Laureen Seeger sold 69,860 shares of the firm’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 transaction, the insider directly owned 9,002 shares in the company, valued at $2,954,186.34. This trade represents a 88.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Anna Marrs sold 44,910 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $327.20, for a total value of $14,694,552.00. Following the transaction, the insider directly owned 20,509 shares in the company, valued at $6,710,544.80. This trade represents a 68.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 414,171 shares of company stock worth $137,069,544 over the last ninety days. 0.14% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Barclays reduced their price objective on American Express from $342.00 to $340.00 and set an “equal weight” rating for the company in a research report on Monday, October 26th. Jefferies Financial Group reissued a “hold” rating and issued a $330.00 target price on shares of American Express in a research report on Friday, October 23rd. UBS Group boosted their target price on American Express from $345.00 to $346.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. BTIG Research reduced their price target on American Express from $315.00 to $230.00 and set a “sell” rating for the company in a research report on Monday, September 7th. Finally, Citigroup decreased their price target on shares of American Express from $340.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.