CI Investments Inc. Has $20.06 Million Stock Holdings in American Express Company $AXP

CI Investments Inc. reduced its holdings in shares of American Express Company (NYSE:AXP) by 68.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,388 shares of the payment services company’s stock after selling 129,564 shares during the quarter. CI Investments Inc.’s holdings in American Express were worth $20,058,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AXP. Brighton Jones LLC raised its holdings in shares of American Express by 24.4% in the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC increased its position in American Express by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after buying an additional 200 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of American Express in the second quarter valued at $428,000. iA Global Asset Management Inc. bought a new stake in shares of American Express in the second quarter valued at $303,000. Finally, Westside Investment Management Inc. lifted its position in shares of American Express by 14.0% during the 2nd quarter. Westside Investment Management Inc. now owns 812 shares of the payment services company’s stock valued at $259,000 after buying an additional 100 shares during the last quarter. 84.33% of the stock is owned by institutional investors.

Insider Activity

In other American Express news, insider Denise Pickett sold 23,385 shares of the stock in a transaction 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Howard Grosfield sold 8,134 shares of the firm’s 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 completion of the sale, the insider directly 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 73,944 shares of company stock valued at $26,114,366. 0.20% of the stock is owned by corporate insiders.

Key Headlines Impacting American Express

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

• Positive Sentiment: Board raises dividend 16% to $0.95 quarterly, signaling confidence in cash flow and earnings; management also reiterated double‑digit EPS growth guidance, which supports total‑return appeal for income investors. American Express Board Authorizes 16 Percent Increase in Common Shares Dividend
• Positive Sentiment: AmEx is highlighted as a winner in coverage of high‑yield savings and cash products — a reminder that its deposit and consumer‑cash products can attract low‑cost funding and support NII (net interest income). Product placement in consumer finance roundups can help deposit flows and margins. 3 Clear Winners When Exploring High-Yield Savings Accounts
• Positive Sentiment: Marketing/brand activation: American Express will sponsor the Amex x CARBONE BEACH pop‑up during Miami Grand Prix weekend — a high‑visibility hospitality tie‑in that supports premium cardmember engagement and incremental spend from affluent customers. Major Food Group and American Express to host CARBONE BEACH during FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX Weekend
• Neutral Sentiment: AmEx plans a new global headquarters at 2 World Trade Center — a long‑term bet on talent, brand and scale in NYC. Investors will weigh the strategic benefits against near‑term capital/lease costs; impact on margins is uncertain but it signals long‑term commitment to growth. American Express Plans New World Trade Center HQ To Support Growth Narrative
• Neutral Sentiment: Options‑market activity has picked up interest in AXP, which can presage higher short‑term volatility or reflect directional bets by traders; this is a market‑signal to monitor but not a fundamental change. Do Options Traders Know Something About AXP Stock We Don’t?
• Neutral Sentiment: Broader context piece referencing Berkshire/HNW moves included AXP in a round‑up; Buffett‑related coverage is background market color rather than company‑specific news for AmEx investors. How Berkshire Hathaway Performed During Buffett’s Final Quarter (AXP)

American Express Stock Up 0.1%

AXP opened at $307.86 on Wednesday. The business’s fifty day simple moving average is $355.45 and its 200 day simple moving average is $349.63. American Express Company has a 52 week low of $220.43 and a 52 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. The stock has a market cap of $211.38 billion, a PE ratio of 20.00, a P/E/G ratio of 1.30 and a beta of 1.14.

American Express (NYSE:AXP) last issued its earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the prior year, the company earned $3.04 EPS. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts expect that American Express Company will post 15.33 earnings per share for the current fiscal 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 $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, January 2nd. American Express’s payout ratio is presently 21.31%.

Wall Street Analysts Forecast Growth

AXP has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $425.00 price objective on shares of American Express in a report on Monday, January 12th. JPMorgan Chase & Co. dropped their price target on shares of American Express from $385.00 to $375.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Evercore set a $393.00 price objective on shares of American Express in a research note on Tuesday, February 10th. UBS Group restated a “neutral” rating and set a $395.00 target price on shares of American Express in a research report on Wednesday, February 4th. Finally, Wolfe Research started coverage on American Express in a research report on Monday, December 8th. They issued a “peer perform” rating for the company. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.