Public Sector Pension Investment Board Acquires 3,167 Shares of American Express Company $AXP

Public Sector Pension Investment Board increased its holdings in shares of American Express Company (NYSE:AXP) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,091 shares of the payment services company’s stock after purchasing an additional 3,167 shares during the quarter. Public Sector Pension Investment Board’s holdings in American Express were worth $91,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Gratus Wealth Advisors LLC raised its position in American Express by 0.8% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock worth $1,233,000 after buying an additional 28 shares during the last quarter. McGlone Suttner Wealth Management Inc. raised its holdings in shares of American Express by 1.0% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock valued at $967,000 after purchasing an additional 29 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its position in American Express by 2.1% during the third quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after purchasing an additional 29 shares during the period. Sandy Cove Advisors LLC boosted its holdings in American Express by 2.1% in the third quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock worth $485,000 after purchasing an additional 30 shares during the last quarter. Finally, Centerpoint Advisors LLC grew its position in American Express by 0.8% in the 3rd quarter. Centerpoint Advisors LLC now owns 3,871 shares of the payment services company’s stock worth $1,286,000 after purchasing an additional 30 shares during the period. 84.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AXP shares. UBS Group reissued a “neutral” rating and set a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. Weiss Ratings raised American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating and set a $425.00 price target on shares of American Express in a research note on Monday, January 12th. Wolfe Research started coverage on shares of American Express in a research report on Monday, December 8th. They set a “peer perform” rating for the company. Finally, Morgan Stanley set a $395.00 price objective on shares of American Express in a report on Tuesday, January 20th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Express currently has an average rating of “Hold” and an average target price of $354.78.

American Express Stock Down 3.2%

AXP stock opened at $342.62 on Friday. The business’s 50-day moving average price is $367.70 and its 200-day moving average price is $346.43. The stock has a market cap of $235.24 billion, a P/E ratio of 22.26, a PEG ratio of 1.50 and a beta of 1.14. The company has a quick ratio of 1.66, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49.

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

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were paid a dividend of $0.82 per share. The ex-dividend date was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. American Express’s payout ratio is 21.31%.

Insider Buying and Selling

In other American Express news, insider Denise Pickett sold 23,385 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total value of $8,346,340.35. Following the completion of the sale, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. This represents a 75.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $356.58, for a total value of $5,348,700.00. Following the completion of the transaction, the insider owned 8,945 shares in the company, valued at $3,189,608.10. The trade was a 62.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 65,810 shares of company stock valued at $23,294,065. Company insiders own 0.20% of the company’s stock.

More American Express News

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

• Positive Sentiment: Company set 2026 EPS guidance of $17.30–$17.90 (midpoint above Street), and management flagged 9–10% revenue growth — supports forward earnings expectations and helps justify valuation. Article: AXP anticipates a strong 2026 profit
• Positive Sentiment: Premium/affluent card spending remains a key growth driver; analysts and outlets emphasize resilient credit trends and durable premium travel/experience demand that underpin revenue and fee income. Article: AXP anticipates strong 2026 profit (Yahoo)
• Positive Sentiment: Expanded NBA partnership and marketing push aimed at experience-focused, higher‑spend cardholders — a strategic move to drive new premium activations and engagement. Article: American Express expands NBA ties
• Neutral Sentiment: Management’s UBS conference presentation provided additional disclosure on strategy and metrics — useful for modelling but not an immediate catalyst by itself. Article: AXP presents at UBS conference
• Neutral Sentiment: Company boosted funding with new debt issuances — improves liquidity and funding flexibility but increases leverage/interest‑cost exposure; investor impact depends on terms. Article: American Express boosts funding with new debt issuances
• Negative Sentiment: Insider selling: a senior insider sold 15,000 shares (~$5.35M) on Feb 9 — large insider sales can raise short‑term concern about insider conviction even if not uncommon at large firms. Article: AXP insider sells $5.35M
• Negative Sentiment: Analyst/market pressure: a few firms trimmed targets or left neutral ratings and MarketWatch noted AXP underperformed peers — analyst downgrades/PT cuts and relative weakness can trigger short‑term selling. Article: AXP underperforms peers

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.