Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Holdings in American Express Company $AXP

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of American Express Company (NYSE:AXP) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,525,753 shares of the payment services company’s stock after purchasing an additional 23,594 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in American Express were worth $568,694,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AXP. Fisher Asset Management LLC boosted its stake in shares of American Express by 1.7% in the 3rd quarter. Fisher Asset Management LLC now owns 8,881,546 shares of the payment services company’s stock worth $2,950,095,000 after buying an additional 146,586 shares during the last quarter. Capital World Investors lifted its holdings in American Express by 0.5% in the third quarter. Capital World Investors now owns 5,122,335 shares of the payment services company’s stock valued at $1,701,435,000 after acquiring an additional 24,297 shares during the period. Capital Research Global Investors grew its stake in shares of American Express by 0.7% during the 3rd quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company’s stock valued at $1,479,019,000 after purchasing an additional 29,331 shares during the period. Ameriprise Financial Inc. increased its position in shares of American Express by 27.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after purchasing an additional 845,283 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of American Express by 2.4% in the 3rd quarter. Legal & General Group Plc now owns 3,483,876 shares of the payment services company’s stock worth $1,157,204,000 after purchasing an additional 83,189 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

More American Express News

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

• Positive Sentiment: Sale of remaining ~30% stake in Global Business Travel (GBT) will unlock cash and an expected pre‑tax gain, providing ammunition for buybacks/dividends and reducing exposure to travel services. AmEx’s GBT Exit and Q1 Beat
• Positive Sentiment: Q1 results showed an EPS beat and management reaffirmed 2026 guidance — evidence of earnings resilience that supports the stock’s capital-return plans. AmEx’s Q1 Beat / Guidance
• Positive Sentiment: Airfare inflation and tighter flight capacity are pushing consumers toward cheaper alternatives and rewards programs — a macro tailwind for card spend and loyalty benefits that favor networks like AmEx. Airfares Jump 15%
• Neutral Sentiment: Board declared the quarterly dividend on Series D preferred shares (routine funding item for shareholders of the preferred series). Preferred Dividend Declared
• Neutral Sentiment: Management will appear at investor conferences and the company issued fixed‑to‑floating rate notes — both items increase transparency and adjust capital structure but are not material earnings drivers on their own. Investor Conferences Fixed-to-Floating Notes
• Negative Sentiment: Some analysts and income investors are questioning whether the company can sustain a faster-growing common dividend after a 16% raise and the larger payout schedule. That concern can pressure the stock if investors worry about future cash flow allocation. Can American Express Keep Up With Its Swelling Dividend?
• Negative Sentiment: Despite the EPS beat, some headline revenue figures and market expectations (citations in coverage) raised questions about topline momentum — investors may be selling into the news or rotating out on valuation/technical concerns. Will Strong Q1 Earnings, Card Upgrades And Asset Sale Proceeds Change AXP Narrative

American Express Stock Down 1.0%

Shares of NYSE:AXP opened at $315.95 on Wednesday. The business’s 50 day moving average is $311.11 and its 200 day moving average is $344.26. The stock has a market cap of $215.58 billion, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 1.30 and a beta of 1.08. American Express Company has a 52-week low of $273.61 and a 52-week high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73.

American Express (NYSE:AXP) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts predict that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The business also recently disclosed 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 an increase from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio is 23.71%.

Insider Buying and Selling

In other American Express 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 in the company, valued at $3,270,704.09. The trade was a 46.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the completion of the transaction, the insider owned 8,945 shares of the company’s stock, valued at $3,189,608.10. This represents a 62.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 73,944 shares of company stock worth $26,114,366 over the last ninety days. 0.14% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on AXP. Credit Suisse Group set a $328.00 price objective on shares of American Express in a research report on Monday, January 12th. BTIG Research restated a “sell” rating and set a $285.00 price objective on shares of American Express in a report on Friday, April 24th. Barclays reduced their target price on American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. JPMorgan Chase & Co. decreased their target price on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Truist Financial cut their price target on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $357.47.

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.