American Express Company $AXP Stock Purchased by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. lifted its stake in American Express Company (NYSE:AXP) by 8.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,700 shares of the payment services company’s stock after buying an additional 8,250 shares during the period. Factory Mutual Insurance Co.’s holdings in American Express were worth $32,752,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Riverbend Wealth Management LLC grew its position in American Express by 0.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock worth $1,379,000 after acquiring an additional 34 shares during the last quarter. Valmark Advisers Inc. lifted its position in American Express by 1.9% in the first quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock valued at $568,000 after purchasing an additional 35 shares during the last quarter. Cedar Mountain Advisors LLC boosted its stake in shares of American Express by 58.3% during the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 35 shares during the period. Consilium Wealth Advisory LLC boosted its stake in shares of American Express by 4.6% during the third quarter. Consilium Wealth Advisory LLC now owns 793 shares of the payment services company’s stock valued at $241,000 after purchasing an additional 35 shares during the period. Finally, Gryphon Financial Partners LLC grew its holdings in shares of American Express by 1.5% in the first quarter. Gryphon Financial Partners LLC now owns 2,489 shares of the payment services company’s stock worth $753,000 after purchasing an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express expanded its longstanding NBA and WNBA partnership globally, adding international fan experiences and cardmember benefits. The broader reach could strengthen customer engagement, though no financial impact was disclosed. Article: American Express, NBA and WNBA Expand Longstanding Partnership Globally
• Positive Sentiment: American Express completed its acquisition of TheFork, potentially bolstering its dining-related offerings and customer proposition. Article: American Express Completes Acquisition of TheFork
• Neutral Sentiment: UBS raised its AXP price target slightly, from $345 to $346, but maintained a neutral rating. UBS Group ratings
• Neutral Sentiment: Eligible cash-back cardholders can now deposit Reward Dollars into qualifying American Express bank accounts, adding redemption flexibility; the near-term financial effect is unclear. Article: Amex Adds a Reward Dollars Redemption Option
• Negative Sentiment: Two insiders reported substantial sales on November 2. Anna Marrs sold 44,910 shares, reducing her holdings by 68.65%; Laureen Seeger sold 69,860 shares, cutting her holdings by 88.59%. The transactions may weigh on sentiment, although insider sales alone do not establish a negative outlook. Anna Marrs SEC filing Laureen Seeger SEC filing

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Citigroup decreased their target price 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. Royal Bank Of Canada cut their price target on shares of American Express from $415.00 to $400.00 and set an “outperform” rating on the stock in a report on Friday, October 9th. Piper Sandler boosted their price objective on shares of American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. William Blair restated an “outperform” rating on shares of American Express in a research report on Friday, October 23rd. Finally, Bank of America upped their price objective on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $365.22.

American Express Trading Down 0.8%

NYSE AXP opened at $325.21 on Wednesday. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a 50 day simple moving average of $316.78 and a two-hundred day simple moving average of $326.13. The stock has a market cap of $218.07 billion, a P/E ratio of 19.27, a price-to-earnings-growth ratio of 1.39 and a beta of 1.09.

American Express (NYSE:AXP) last issued its quarterly earnings data 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. American Express had a return on equity of 34.19% and a net margin of 15.80%. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. During the same period last year, the company earned $4.14 EPS. The business’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, analysts forecast that American Express Company will post 17.88 earnings per share for the current year.

American Express Announces Dividend

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

Insider Buying and Selling at American Express

In related news, insider Anna Marrs sold 44,910 shares of American Express stock in a transaction on 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 sale, the insider owned 20,509 shares in the company, valued at $6,710,544.80. The trade was a 68.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Laureen Seeger sold 69,860 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $328.17, for a total transaction of $22,925,956.20. Following the transaction, the insider directly owned 9,002 shares in the company, valued at approximately $2,954,186.34. The trade was a 88.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.14% of the company’s stock.

American Express Profile

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.