King Luther Capital Management Corp Acquires 7,164 Shares of American Express Company $AXP

King Luther Capital Management Corp boosted its holdings in American Express Company (NYSE:AXP) by 1.1% during the 3rd quarter, Holdings Channel reports. The firm owned 667,629 shares of the payment services company’s stock after acquiring an additional 7,164 shares during the period. King Luther Capital Management Corp’s holdings in American Express were worth $203,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Archer Investment Corp purchased a new stake in shares of American Express during the 2nd quarter valued at $25,000. Elevation Wealth Partners LLC raised its stake in shares of American Express by 78.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after purchasing an additional 41 shares during the period. John Boyer Inc. bought a new stake in shares of American Express during the 3rd quarter worth $29,000. Frazier Financial Advisors LLC boosted its holdings in shares of American Express by 66.7% in the 1st quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after buying an additional 40 shares during the last quarter. Finally, Cedar Mountain Advisors LLC boosted its holdings in shares of American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after buying an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Insider Buying and Selling at American Express

In other news, insider Anna Marrs sold 44,910 shares of American Express stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $327.20, for a total value of $14,694,552.00. Following the completion of the transaction, the insider owned 20,509 shares in the company, valued at $6,710,544.80. This trade represents a 68.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Stephen J. Squeri sold 299,401 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $332.16, for a total transaction of $99,449,036.16. Following the completion of the sale, the chief executive officer directly owned 60,567 shares in the company, valued at approximately $20,117,934.72. This trade represents a 83.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 414,171 shares of company stock valued at $137,069,544 over the last three months. 0.14% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AXP has been the subject of several research reports. Evercore set a $330.00 price target on shares of American Express in a research report on Tuesday, October 27th. BTIG Research lowered their price objective on shares of American Express from $315.00 to $230.00 and set a “sell” rating on the stock in a research report on Monday, September 7th. BMO Capital Markets began coverage on shares of American Express in a research note on Thursday, October 8th. They issued an “outperform” rating and a $380.00 target price on the stock. Morgan Stanley reduced their target price on shares of American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $330.00 target price on shares of American Express in a research report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Express 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 $322.80 on Thursday. American Express Company has a 1 year low of $290.97 and a 1 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’s fifty day moving average price is $315.87 and its two-hundred day moving average price is $325.06. The firm has a market cap of $216.45 billion, a PE ratio of 18.18, a PEG ratio of 1.36 and a beta of 1.09.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, topping the consensus estimate of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same quarter in the prior year, the company earned $4.14 EPS. The firm’s quarterly revenue 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. On average, equities research analysts forecast that American Express Company will post 17.98 EPS for the current year.

American Express Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th were issued 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%.

Latest American Express News

Here’s some of the latest news about AXP:

• Positive Sentiment: A Seeking Alpha contributor upgraded its rating on AXP, saying the company deserves more credit. This adds to the positive investment case, though the headline does not indicate a credit-rating agency action. American Express Deserves More Credit (Rating Upgrade)
• Positive Sentiment: American Express and Fanatics launched a sports-focused co-branded card that connects Membership Rewards with Fanatics FanCash and offers access to merchandise and experiences. The partnership could deepen customer loyalty and encourage card use, though revenue effects were not quantified. American Express Unveils Sports Rewards Card Tied to Fan Loyalty
• Neutral Sentiment: American Express presented at the KBW Fintech Ecosystem Conference. The provided article listing contains no specific financial outlook or new developments to assess. American Express Presents at KBW Fintech Ecosystem Conference 2026

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.