3,287 Shares of American Express Company $AXP Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new stake in American Express Company (NYSE:AXP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,287 shares of the payment services company’s stock, valued at approximately $1,073,000.

A number of other large investors have also recently made changes to their positions in AXP. Archer Investment Corp purchased a new stake in American Express in the second quarter valued at approximately $25,000. Elevation Wealth Partners LLC grew its position in shares of American Express by 78.8% during the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after acquiring an additional 41 shares during the last quarter. John Boyer Inc. purchased a new position in shares of American Express during the third quarter worth approximately $29,000. Cedar Mountain Advisors LLC increased 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 valued at $32,000 after acquiring an additional 35 shares during the period. Finally, Frazier Financial Advisors LLC acquired a new position in shares of American Express in the 2nd quarter valued at $33,000. 84.33% of the stock is owned by institutional investors and hedge funds.

More American Express News

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

• Positive Sentiment: American Express and Fanatics introduced a co-branded credit card and added Fanatics FanCash as a Membership Rewards transfer option. The partnership could broaden AmEx’s appeal among sports fans and create another way to engage cardmembers, though the reports did not quantify the potential financial contribution. AmEx Takes Page From Trading Cards With Fanatics Deal
• Positive Sentiment: A Zacks article highlighted American Express as a long-term stock pick, supporting a favorable investment view, although it did not report a new company development. Why American Express Is a Top Stock for the Long-Term
• Neutral Sentiment: A report said American Express shares gained but lagged the broader market, indicating the stock’s session performance was weaker than the market overall. American Express Stock Rises Monday, Still Underperforms Market
• Negative Sentiment: Commentary noted that premium-card fee growth is strong, but rising rewards, benefits and marketing expenses may make it harder to convert that growth into higher profits. Can American Express Turn Premium Card Growth Into Higher Profits?

Insider Transactions at American Express

In other American Express news, insider Laureen Seeger sold 69,860 shares of American Express 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 sale, the insider owned 9,002 shares of the company’s stock, valued at approximately $2,954,186.34. The trade was a 88.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 stock was sold at an average price of $332.16, for a total value of $99,449,036.16. Following the transaction, the chief executive officer owned 60,567 shares in the company, valued at $20,117,934.72. The trade was a 83.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have 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 company insiders.

Analyst Upgrades and Downgrades

AXP has been the subject of a number of recent research reports. Piper Sandler increased their price target on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Citigroup dropped their price objective on shares of American Express from $340.00 to $335.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 27th. UBS Group upped their target price on shares of American Express from $345.00 to $346.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. Weiss Ratings upgraded shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, October 26th. Finally, Evercore set a $330.00 target price on shares of American Express in a research note on Tuesday, October 27th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, American Express has an average rating of “Moderate Buy” and an average price target of $365.22.

American Express Price Performance

American Express stock opened at $324.35 on Tuesday. 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 business has a 50 day simple moving average of $316.03 and a 200-day simple moving average of $325.48. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The stock has a market capitalization of $217.49 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 1.40 and a beta of 1.09.

American Express (NYSE:AXP) last posted its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating analysts’ consensus estimates of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. American Express had a net margin of 15.80% and a return on equity of 34.19%. American Express’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Equities analysts predict that American Express Company will post 17.98 earnings per share for the current year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s payout ratio is 21.40%.

American Express Profile

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.

Stephen J.