Nicholas Hoffman & Company LLC. Decreases Holdings in American Express Company $AXP

Nicholas Hoffman & Company LLC. trimmed its stake in American Express Company (NYSE:AXP) by 27.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,996 shares of the payment services company’s stock after selling 1,864 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in American Express were worth $1,659,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in American Express in the second quarter worth $1,897,335,000. Laurel Wealth Advisors LLC grew its stake in shares of 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 worth $555,666,000 after acquiring an additional 1,736,513 shares during the period. Geode Capital Management LLC increased its holdings in American Express by 11.1% in 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. raised its stake in American Express by 26.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company’s stock valued at $988,676,000 after acquiring an additional 646,039 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in American Express by 1.3% during the second quarter. Vanguard Group Inc. now owns 46,425,262 shares of the payment services company’s stock valued at $14,808,730,000 after purchasing an additional 581,369 shares during the last quarter. 84.33% of the stock is owned by institutional investors.

Insider Transactions at American Express

In other American Express news, insider Denise Pickett sold 23,385 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the sale, the insider owned 7,754 shares in the company, valued at $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Anna Marrs sold 27,425 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the transaction, the insider owned 20,394 shares in the company, valued at $7,138,103.94. This trade represents a 57.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,944 shares of company stock worth $26,114,366 in the last three months. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AXP. TD Cowen reissued a “hold” rating on shares of American Express in a research report on Thursday, January 8th. UBS Group reissued a “neutral” rating and set a $395.00 target price on shares of American Express in a report on Wednesday, February 4th. Truist Financial dropped their target price on American Express from $420.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Morgan Stanley set a $395.00 price target on American Express in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $425.00 price objective on shares of American Express in a research note on Monday, January 12th. Nine investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Express has an average rating of “Hold” and an average price target of $352.73.

Key Stories Impacting American Express

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

• Positive Sentiment: Large corporate real-estate move could be seen as a long-term vote of confidence in the business and NYC hub status; American Express will relocate its global HQ to 2 World Trade Center, a project that supports the firm’s long-term footprint and corporate visibility. American Express to move into new headquarters in final World Trade Center building
• Neutral Sentiment: Earlier session headlines and analyst coverage noted a rebound in AXP tied to macro / AI commentary (Nvidia CEO remarks) and mentions in listicles, but these items appear to have had only temporary upside ahead of today’s sell-off. Why the Market Dipped But American Express (AXP) Gained Today
• Negative Sentiment: Headline focus on AI-driven workforce cuts prompted fresh investor concern and selling pressure, cited in market commentary as a near-term catalyst for the drop. Is It Time to Sell American Express Stock?
• Negative Sentiment: Unusual options activity: buyers bought ~21,709 put contracts (≈31% above average), indicating elevated short-term bearish bets and hedging demand that can amplify downside. (No direct article link provided.)
• Negative Sentiment: Short interest rose ~20% in February to ~8.6M shares, increasing the proportion of shares sold short and adding downward pressure risk if sentiment worsens. (Data summary provided in market feeds.)
• Negative Sentiment: Opinion / analysis pieces are flagging AXP’s YTD pullback (roughly mid-February-to-date slump and discussion of whether the fall is a buying opportunity or structural warning), which can drive momentum-based selling. American Express Has Slumped: Is It a Bargain or a Red Flag?

American Express Stock Down 8.2%

Shares of NYSE AXP opened at $307.93 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.58 and a debt-to-equity ratio of 1.68. The business has a 50-day moving average of $358.41 and a 200-day moving average of $349.32. The firm has a market capitalization of $211.43 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 1.31 and a beta of 1.14. American Express Company has a 12 month low of $220.43 and a 12 month high of $387.49.

American Express (NYSE:AXP) last announced 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). The company had revenue of ($17,139.00) million for the quarter, compared to the consensus estimate of $18.91 billion. American Express had a net margin of 15.00% and a return on equity of 33.49%. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts expect that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were given a $0.82 dividend. The ex-dividend date was Friday, January 2nd. This represents a $3.28 annualized dividend and a yield of 1.1%. American Express’s payout ratio is 21.31%.

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.