Tema Etfs LLC Buys New Shares in American Express Company $AXP

Tema Etfs LLC bought a new position in American Express Company (NYSE:AXP) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 9,346 shares of the payment services company’s stock, valued at approximately $3,104,000.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of American Express in the second quarter worth about $1,897,335,000. Laurel Wealth Advisors LLC boosted its holdings in American Express by 31,595.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,742,009 shares of the payment services company’s stock valued at $555,666,000 after acquiring an additional 1,736,513 shares during the period. Geode Capital Management LLC grew its position in American Express by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company’s stock worth $4,282,984,000 after acquiring an additional 1,349,746 shares during the last quarter. Ameriprise Financial Inc. grew its position in American Express by 26.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company’s stock worth $988,676,000 after acquiring an additional 646,039 shares during the last quarter. Finally, Provident Trust Co. increased its stake in American Express by 136.6% in the 2nd quarter. Provident Trust Co. now owns 1,108,971 shares of the payment services company’s stock worth $353,740,000 after purchasing an additional 640,214 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at American Express

In other news, CMO Elizabeth Rutledge sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $360.21, for a total value of $18,010,500.00. Following the completion of the transaction, the chief marketing officer owned 85,577 shares in the company, valued at $30,825,691.17. This trade represents a 36.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Douglas Tabish sold 2,515 shares of the company’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $355.61, for a total value of $894,359.15. Following the completion of the sale, the insider directly owned 2,515 shares in the company, valued at approximately $894,359.15. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 57,515 shares of company stock valued at $20,658,509. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

AXP has been the subject of a number of analyst reports. Barclays increased their price objective on American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. DZ Bank raised shares of American Express from a “sell” rating to a “hold” rating and set a $340.00 price target for the company in a research report on Tuesday, October 21st. Compass Point reissued a “neutral” rating and issued a $324.00 price target on shares of American Express in a report on Monday, October 20th. Wall Street Zen downgraded shares of American Express from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Evercore ISI set a $400.00 target price on shares of American Express in a report on Tuesday, January 6th. Nine research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $343.95.

American Express News Roundup

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

• Positive Sentiment: American Express confirmed management will participate in the UBS Financial Services Conference on Feb. 10 — gives investors direct access to management for questions on margins, lending trends and guidance. American Express to Participate in UBS Financial Services Conference
• Positive Sentiment: TD Cowen raised its price target to $375 (maintaining a Hold), a modest vote of confidence that suggests limited near-term downside from their view. Benzinga
• Positive Sentiment: Analysis pieces highlight product momentum and strength with younger premium cardholders, which supports the longer-term card-spend and customer-retention bull case for AXP. Does AXP’s Younger Premium Cardholders and Product Momentum Change The Bull Case For American Express?
• Neutral Sentiment: Coverage and analyst views remain mixed — some outlets list American Express among names with divergent analyst opinions, reflecting varied views on growth vs. credit/lending risks. Analysts’ Opinions Are Mixed on These Financial Stocks
• Neutral Sentiment: Benzinga and other aggregator pieces compile multiple analyst viewpoints (9 experts) — useful for context but not a single clear catalyst. The Analyst Verdict: American Express In The Eyes Of 9 Experts
• Neutral Sentiment: Broader market narratives (e.g., lists of largest stable holdings after Berkshire’s leadership change) may affect investor appetite for big-cap financials, but impacts on AXP are indirect and uncertain. 74% of the $317B Portfolio … 8 Unstoppable Stocks
• Negative Sentiment: President Trump called for a one-year 10% cap on credit-card interest rates starting Jan. 20 — he provided no implementation details, but the proposal elevates regulatory and political risk for card issuers and is cited by the market as a key reason for selling in AXP today. Trump calls for a one-year 10% cap on credit card interest in a Truth Social post Trump calls one year cap on credit card interest rates at 10%

American Express Stock Down 1.9%

Shares of NYSE AXP opened at $375.79 on Monday. The firm has a fifty day simple moving average of $369.05 and a two-hundred day simple moving average of $339.88. American Express Company has a 12 month low of $220.43 and a 12 month high of $387.49. The company has a current ratio of 1.61, a quick ratio of 1.59 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $258.86 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 1.57 and a beta of 1.15.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, January 30th. The payment services company reported ($11.85) earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($15.41). American Express had a net margin of 14.97% and a return on equity of 33.41%. The company had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. Equities analysts expect that American Express Company will post 15.33 earnings per share for the current year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.82 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. American Express’s dividend payout ratio is 22.01%.

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.