Securian Asset Management Inc. Has $5.41 Million Position in American Express Company $AXP

Securian Asset Management Inc. reduced its stake in American Express Company (NYSE:AXP) by 44.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,610 shares of the payment services company’s stock after selling 11,604 shares during the quarter. Securian Asset Management Inc.’s holdings in American Express were worth $5,405,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AXP. Trajan Wealth LLC lifted its stake in American Express by 30.9% in the third quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company’s stock valued at $8,271,000 after buying an additional 5,881 shares during the period. Hillsdale Investment Management Inc. grew its holdings in American Express by 218.7% during the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company’s stock worth $2,837,000 after buying an additional 5,860 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. grew its holdings in American Express by 11.7% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 82,863 shares of the payment services company’s stock worth $27,524,000 after buying an additional 8,651 shares in the last quarter. ZEGA Investments LLC bought a new stake in American Express during the third quarter worth $1,080,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in American Express by 0.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company’s stock valued at $531,038,000 after purchasing an additional 4,080 shares during the period. 84.33% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about American Express

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

• Positive Sentiment: Warren Buffett publicly praised Greg Abel, reinforcing the market’s view that Berkshire’s leadership remains constructive on high-quality financial names like American Express. Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”
• Positive Sentiment: Multiple articles highlighted American Express as a Berkshire favorite and one of Buffett’s best value ideas for 2026, which can support sentiment around AXP as a durable, cash-generating franchise. American Express (AXP) – Among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett
• Positive Sentiment: American Express’ move to sell its remaining stake in American Express Global Business Travel for about $1.5 billion was described as helping the company refocus on its core card business, which investors often view favorably. American Express Exit From GBT Refocuses Capital On Core Card Engine
• Positive Sentiment: American Express also launched an AI upskilling initiative for small businesses, a potentially positive long-term move that could deepen customer relationships and strengthen its small-business ecosystem. American Express Uses AI Upskilling To Deepen Small Business Relationships
• Neutral Sentiment: Shareholders reaffirmed the board, executive pay, and auditor at the annual meeting, removing a potential governance overhang but likely not a major near-term stock catalyst. American Express Shareholders Reaffirm Board, Pay and Auditor
• Neutral Sentiment: Articles comparing AXP with other value stocks or peers are generally informational and do not appear to be driving the move on their own. INTR vs. AXP: Which Stock Should Value Investors Buy Now?

Insider Buying and Selling

In related news, insider Howard Grosfield sold 8,134 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the completion of the sale, the insider owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.14% of the company’s stock.

American Express Stock Down 0.1%

Shares of NYSE:AXP opened at $315.79 on Monday. The stock has a fifty day simple moving average of $311.10 and a two-hundred day simple moving average of $344.05. The stock has a market capitalization of $215.47 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.29 and a beta of 1.08. American Express Company has a 12-month low of $281.46 and a 12-month high of $387.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts anticipate that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 2nd. This is a positive change from American Express’s previous quarterly dividend of $0.82. American Express’s dividend payout ratio is 23.71%.

Analyst Upgrades and Downgrades

AXP has been the subject of a number of recent analyst reports. Royal Bank Of Canada set a $415.00 price objective on American Express in a research note on Friday, April 10th. Weiss Ratings cut American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Bank of America raised their price target on American Express from $381.00 to $387.00 and gave the company a “buy” rating in a report on Friday, April 24th. Truist Financial lowered their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Finally, Barclays reduced their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, American Express has a consensus rating of “Hold” and a consensus price target of $357.47.

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.