TD Waterhouse Canada Inc. Buys 3,936 Shares of American Express Company $AXP

TD Waterhouse Canada Inc. grew its stake in American Express Company (NYSE:AXP) by 4.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 87,655 shares of the payment services company’s stock after purchasing an additional 3,936 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in American Express were worth $32,431,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Valley Wealth Managers Inc. grew its stake in 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 in the last quarter. Manning & Napier Advisors LLC bought a new position in American Express in the 3rd quarter worth about $27,000. Guerra Advisors Inc bought a new position in American Express in the 3rd quarter worth about $28,000. Measured Wealth Private Client Group LLC bought a new position in American Express in the 3rd quarter worth about $28,000. Finally, Halbert Hargrove Global Advisors LLC lifted its position in shares of American Express by 210.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock worth $29,000 after purchasing an additional 59 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Denise Pickett sold 23,385 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Howard Grosfield sold 8,134 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the sale, the insider directly owned 9,433 shares of the company’s stock, valued at $3,270,704.09. The trade was a 46.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 73,944 shares of company stock worth $26,114,366. 0.14% of the stock is currently owned by insiders.

American Express News Roundup

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

• Positive Sentiment: Acquisition of AI expense startup Hyper strengthens AmEx’s commercial services technology stack and signals accelerated investment in agentic automation for expense reporting and compliance; deal expected to close in Q2. AmEx to buy Altman-backed Hyper in push for AI-powered expense tools
• Positive Sentiment: Company is rolling out AI-driven agent and expense tools and touting “agentic commerce” capabilities — a strategic move that could expand commercial spend products, drive differentiation versus peers, and support revenue/fee growth over time. American Express Bets On AI Agents With Hyper Deal And New Tools
• Positive Sentiment: Analysts and screens (Zacks) point to the ingredients for a likely Q1 earnings beat — resilient consumer and commercial spending trends and positive EPS setup — supporting near-term upside expectations. American Express (AXP) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Longer-term competitive moat argued to be resilient by investors/writers, supporting confidence in durable returns even through cyclical headwinds. American Express’ Moat Is More Resistant Than What You Think
• Neutral Sentiment: Quarterly 13F filing shows Baxter Bros trimmed AXP by a small amount — a minor ownership change, not a large-scale sell-off. American Express Company $AXP is Baxter Bros Inc.’s 8th Largest Position
• Neutral Sentiment: Company messaging and filings point to stable credit quality with only moderate write-offs — credit trends are healthy but remain a line-item to monitor for earnings sensitivity. American Express Reports Stable Credit Quality, Moderate Write-Offs
• Negative Sentiment: Some analysts urge caution ahead of Q1 — pointing to valuation, rising costs, and that AXP may not be an obvious “must-buy” before results; these views inject near-term volatility risk. American Express: Not A Pound-The-Table Buy Ahead Of Q1
• Negative Sentiment: Shares pulled back in the prior session amid mixed market action, underscoring short-term sensitivity to broader market moves and news flow. American Express (AXP) Stock Dips While Market Gains: Key Facts

American Express Price Performance

Shares of AXP opened at $331.47 on Monday. American Express Company has a fifty-two week low of $239.27 and a fifty-two week high of $387.49. The company has a 50 day moving average price of $316.28 and a 200-day moving average price of $344.65. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. The stock has a market capitalization of $227.32 billion, a PE ratio of 21.54, a PEG ratio of 1.40 and a beta of 1.13.

American Express (NYSE:AXP) last posted 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 net margin of 15.00% and a return on equity of 33.49%. The firm had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the previous year, the company earned $3.04 EPS. The company’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. Equities analysts predict that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 3rd will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This is a positive change from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. American Express’s dividend payout ratio is currently 24.69%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AXP. Credit Suisse Group set a $328.00 price target on shares of American Express in a research report on Monday, January 12th. Evercore set a $393.00 price target on shares of American Express in a research report on Tuesday, February 10th. UBS Group reaffirmed a “neutral” rating and issued a $395.00 price target on shares of American Express in a research report on Wednesday, February 4th. Wells Fargo & Company lowered their price target on shares of American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, TD Cowen reaffirmed a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Seven equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Express presently has a consensus rating of “Hold” and an average target price of $350.70.

About American Express

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.