Elo Mutual Pension Insurance Co Boosts Stake in American Express Company $AXP

Elo Mutual Pension Insurance Co raised its stake in shares of American Express Company (NYSE:AXP) by 14.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 64,927 shares of the payment services company’s stock after acquiring an additional 8,267 shares during the period. Elo Mutual Pension Insurance Co’s holdings in American Express were worth $21,566,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AXP. Valley Wealth Managers Inc. grew its holdings in shares of American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after acquiring an additional 46 shares during the period. Manning & Napier Advisors LLC acquired a new position in American Express during the third quarter worth $27,000. Access Investment Management LLC purchased a new stake in American Express during the second quarter worth $26,000. Guerra Advisors Inc acquired a new stake in American Express in the third quarter valued at $28,000. Finally, Halbert Hargrove Global Advisors LLC increased its position in shares of American Express by 210.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after buying an additional 59 shares in the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Key American Express News

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

• Positive Sentiment: Large corporate real-estate move could be seen as a long-term vote of confidence in the business and NYC hub status; American Express will relocate its global HQ to 2 World Trade Center, a project that supports the firm’s long-term footprint and corporate visibility. American Express to move into new headquarters in final World Trade Center building
• Neutral Sentiment: Earlier session headlines and analyst coverage noted a rebound in AXP tied to macro / AI commentary (Nvidia CEO remarks) and mentions in listicles, but these items appear to have had only temporary upside ahead of today’s sell-off. Why the Market Dipped But American Express (AXP) Gained Today
• Negative Sentiment: Headline focus on AI-driven workforce cuts prompted fresh investor concern and selling pressure, cited in market commentary as a near-term catalyst for the drop. Is It Time to Sell American Express Stock?
• Negative Sentiment: Unusual options activity: buyers bought ~21,709 put contracts (≈31% above average), indicating elevated short-term bearish bets and hedging demand that can amplify downside. (No direct article link provided.)
• Negative Sentiment: Short interest rose ~20% in February to ~8.6M shares, increasing the proportion of shares sold short and adding downward pressure risk if sentiment worsens. (Data summary provided in market feeds.)
• Negative Sentiment: Opinion / analysis pieces are flagging AXP’s YTD pullback (roughly mid-February-to-date slump and discussion of whether the fall is a buying opportunity or structural warning), which can drive momentum-based selling. American Express Has Slumped: Is It a Bargain or a Red Flag?

American Express Trading Down 8.2%

Shares of AXP stock opened at $307.93 on Monday. The stock has a market cap of $211.43 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 1.31 and a beta of 1.15. The firm’s 50 day moving average price is $358.41 and its two-hundred day moving average price is $349.62. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $387.49. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). The company had revenue of ($17,139.00) million for the quarter, compared to analyst estimates of $18.91 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business posted $3.04 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts anticipate that American Express Company will post 15.33 EPS for the current year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. American Express’s payout ratio is 21.31%.

Insider Buying and Selling

In related news, insider Howard Grosfield sold 8,134 shares of American Express stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $346.73, for a total value of $2,820,301.82. Following the transaction, the insider owned 9,433 shares of the company’s stock, valued at approximately $3,270,704.09. This trade represents a 46.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Denise Pickett sold 23,385 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the sale, the insider directly owned 7,754 shares of the company’s stock, valued at $2,767,480.14. This represents a 75.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 73,944 shares of company stock worth $26,114,366. Company insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

AXP has been the topic of a number of research reports. Wall Street Zen cut shares of American Express from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. UBS Group reaffirmed a “neutral” rating and issued a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. BTIG Research reissued a “sell” rating and set a $328.00 price objective on shares of American Express in a research note on Monday, February 2nd. Credit Suisse Group set a $328.00 price objective on American Express in a research report on Monday, January 12th. Finally, Wolfe Research initiated coverage on American Express in a report on Monday, December 8th. They set a “peer perform” rating on the stock. Nine analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $352.73.

American Express Company 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.