Machina Capital S.A.S. Purchases 7,683 Shares of American Express Company $AXP

Machina Capital S.A.S. acquired a new position in American Express Company (NYSE:AXP) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,683 shares of the payment services company’s stock, valued at approximately $2,336,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flputnam Investment Management Co. bought a new position in American Express during the 2nd quarter valued at $12,879,000. State Street Corp grew its holdings in American Express by 40.2% during the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after acquiring an additional 11,739,541 shares in the last quarter. Evolve Private Wealth LLC bought a new stake in shares of American Express in the 2nd quarter worth about $5,172,000. Silicon Valley Capital Partners increased its position in shares of American Express by 14.9% in the 2nd quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company’s stock worth $14,030,000 after purchasing an additional 5,365 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of American Express in the 2nd quarter valued at about $11,642,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Truist Financial reduced their price target on shares of American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. UBS Group boosted their price objective on American Express from $345.00 to $346.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. JPMorgan Chase & Co. boosted their price objective on American Express from $360.00 to $365.00 and gave the company an “overweight” rating in a report on Monday, October 26th. William Blair restated an “outperform” rating on shares of American Express in a research note on Friday, October 23rd. Finally, Piper Sandler increased their target price on American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. One 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $365.22.

Insider Activity at American Express

In related news, insider Anna Marrs sold 44,910 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $327.20, for a total transaction of $14,694,552.00. Following the sale, the insider owned 20,509 shares in the company, valued at $6,710,544.80. This represents a 68.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephen Squeri sold 299,401 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $332.16, for a total transaction of $99,449,036.16. Following the completion of the transaction, the chief executive officer directly owned 60,567 shares in the company, valued at $20,117,934.72. This represents a 83.17% 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 valued at $137,069,544 in the last quarter. Insiders own 0.14% of the company’s stock.

American Express Stock Performance

American Express stock opened at $322.80 on Thursday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.58. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a fifty day moving average price of $315.87 and a two-hundred day moving average price of $325.06. The company has a market cap of $216.45 billion, a PE ratio of 18.18, a P/E/G ratio of 1.36 and a beta of 1.09.

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

American Express Dividend Announcement

The firm also recently disclosed 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. 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 Friday, October 9th. American Express’s dividend payout ratio is currently 21.40%.

Key American Express News

Investors following AXP have been watching these news items:

• 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
• Positive Sentiment: American Express Canada and Marriott Bonvoy are adding a no-annual-fee card, slated to launch in February 2027, and enhancing existing cards with complimentary Gold Elite status. The expanded lineup may help attract and retain travel-focused customers. American Express and Marriott Bonvoy Expand Canadian Card Portfolio

American Express Company 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.