Rakuten Investment Management Inc. Invests $28.95 Million in American Express Company $AXP

Rakuten Investment Management Inc. acquired a new position in shares of American Express Company (NYSE:AXP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 87,149 shares of the payment services company’s stock, valued at approximately $28,947,000.

Several other large investors have also recently bought and sold shares of the company. Gratus Wealth Advisors LLC increased its stake in shares of American Express by 0.8% in the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after buying an additional 28 shares during the period. McGlone Suttner Wealth Management Inc. grew its holdings in American Express by 1.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock worth $967,000 after acquiring an additional 29 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its position in American Express by 2.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after acquiring an additional 29 shares during the period. Sandy Cove Advisors LLC raised its stake in shares of American Express by 2.1% during the third quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock valued at $485,000 after acquiring an additional 30 shares during the last quarter. Finally, Bath Savings Trust Co lifted its holdings in shares of American Express by 1.1% during the third quarter. Bath Savings Trust Co now owns 2,922 shares of the payment services company’s stock worth $971,000 after purchasing an additional 31 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on AXP shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $420.00 target price on shares of American Express in a report on Tuesday, January 6th. Barclays lifted their price objective on American Express from $355.00 to $367.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Evercore ISI set a $400.00 target price on shares of American Express in a research report on Tuesday, January 6th. HSBC set a $295.00 price target on shares of American Express and gave the stock a “hold” rating in a research report on Friday, October 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of American Express from $360.00 to $385.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Nine 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $353.95.

American Express Stock Down 3.5%

American Express stock opened at $352.02 on Wednesday. The company has a market capitalization of $242.49 billion, a PE ratio of 23.63, a PEG ratio of 1.53 and a beta of 1.15. American Express Company has a 12-month low of $220.43 and a 12-month high of $387.49. The firm’s fifty day moving average is $368.13 and its 200 day moving average is $341.72. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 1.78.

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

American Express Dividend Announcement

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

Insider Buying and Selling

In other news, insider Douglas Tabish sold 2,515 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $355.61, for a total transaction of $894,359.15. Following the completion of the sale, the insider owned 2,515 shares in the company, valued at $894,359.15. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CMO Elizabeth Rutledge sold 50,000 shares of American Express stock in a transaction on Friday, October 31st. The shares were sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the completion of the sale, the chief marketing officer directly owned 85,577 shares of the company’s stock, valued at approximately $30,825,691.17. The trade was a 36.88% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.20% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: American Express declared a quarterly dividend on its 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, payable March 15 — a supportive income action for preferred holders. American Express Declares Dividend on Series D Preferred Stock
• Positive Sentiment: Longer‑term positive narratives and buy‑and‑hold endorsements (including coverage naming AXP among top Buffett‑liked/long‑term holdings) keep investor interest in the name despite near‑term volatility. Warren Buffett’s Legacy: 2 of His Favorite Stocks to Buy and Hold Forever
• Neutral Sentiment: Broader commentary on bank and payments stocks is mixed — some analysts and feature pieces revisit AXP’s long‑term case (brand, network effects), which supports conviction for longer‑term investors but doesn’t remove near‑term policy risk. Is 2026 the Year to Buy American Express Stock?
• Negative Sentiment: JPMorgan CEO Jamie Dimon warned that a proposed 10% cap on credit‑card APRs would be an “economic disaster,” intensifying investor concern about how a cap could hit card profitability and credit availability across issuers including AXP. JPMorgan CEO Dimon says credit card rate cap will be an economic disaster
• Negative Sentiment: U.S. bank stocks fell as investors weighed the January 20 deadline for a potential 10% APR cap, a market move that pressured AXP and peers. US bank stocks fall as investors weigh credit card rate cap deadline
• Negative Sentiment: Analyses warn a 10% cap could materially hurt card issuers’ margins and trigger broader sell‑offs in financials; that regulatory risk is the primary driver of today’s weakness in AXP. Trump’s Proposed 10% Credit Card Rate Cap Would Hurt – What Dividend Investors Should Do
• Negative Sentiment: Market data show AXP is trading below recent short‑term averages as sellers react to the policy risk and sector weakness. American Express (AXP) Declines More Than Market: Some Information for Investors

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.