TIAA Trust National Association Acquires 2,236 Shares of American Express Company $AXP

TIAA Trust National Association lifted its holdings in American Express Company (NYSE:AXP) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,356 shares of the payment services company’s stock after purchasing an additional 2,236 shares during the quarter. TIAA Trust National Association’s holdings in American Express were worth $31,341,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Norges Bank bought a new stake in American Express during the 2nd quarter worth about $1,897,335,000. Laurel Wealth Advisors LLC increased its position in shares of American Express by 31,595.9% in the second 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 last quarter. Geode Capital Management LLC raised its holdings in American Express by 11.1% during the second 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 in the last quarter. Ameriprise Financial Inc. boosted its position in American Express by 26.1% during the second quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company’s stock valued at $988,676,000 after purchasing an additional 646,039 shares during the last quarter. Finally, Provident Trust Co. grew its stake in American Express by 136.6% in the second quarter. Provident Trust Co. now owns 1,108,971 shares of the payment services company’s stock valued at $353,740,000 after purchasing an additional 640,214 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: American Express announced it will build a new, state‑of‑the‑art global headquarters as the sole owner/occupant at 2 World Trade Center — a visible long‑term commitment to NYC that investors read as a vote of confidence in the company’s future and brand. Article Title
• Positive Sentiment: Broader afternoon strength helped AXP after Nvidia’s CEO downplayed AI cannibalization risks, which eased sector worries and boosted risk appetite — AmEx was among beneficiaries of the sentiment lift. Article Title
• Neutral Sentiment: Coverage noting that AXP outperformed while the broader market dipped highlights relative strength but ties the move to market dynamics rather than new fundamentals. Article Title
• Neutral Sentiment: Several analyst pieces frame AXP’s roughly double‑digit YTD decline as a potential buying opportunity given record 2025 results and management’s 2026 guidance (high single‑digit revenue growth; mid‑teens EPS growth), keeping the valuation/growth debate front and center for investors. Article Title
• Neutral Sentiment: Note that the new HQ is a multi‑year project (construction starting soon but completion targeted around 2031), meaning benefits are strategic/long‑term while near‑term capex and execution risk remain. Article Title
• Negative Sentiment: Short interest increased about 20% in February to ~8.6M shares (roughly 1.3% of shares), which could add downside pressure or volatility if bearish positioning grows.

Insider Transactions at American Express

In other American Express news, insider Denise Pickett sold 23,385 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total value of $8,346,340.35. Following the transaction, the insider directly 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 through this hyperlink. Also, insider Howard Grosfield sold 8,134 shares of the stock in a transaction on 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 position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 73,944 shares of company stock valued at $26,114,366. Company insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on AXP shares. Wall Street Zen downgraded American Express from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Evercore set a $393.00 price target on shares of American Express in a research note on Tuesday, February 10th. UBS Group restated a “neutral” rating and set a $395.00 price objective on shares of American Express in a research note on Wednesday, February 4th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $425.00 target price on shares of American Express in a research note on Monday, January 12th. Finally, Wells Fargo & Company lifted their price target on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. Nine investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $352.73.

American Express Stock Performance

NYSE AXP opened at $335.37 on Friday. The stock has a market cap of $230.27 billion, a PE ratio of 21.79, a P/E/G ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. The firm has a 50-day moving average of $359.78 and a 200-day moving average of $348.92. American Express Company has a 52-week low of $220.43 and a 52-week high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.54 by ($0.01). 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 15.00% and a return on equity of 33.49%. The firm’s revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts anticipate that American Express Company will post 15.33 EPS for the current year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, January 2nd. American Express’s dividend payout ratio (DPR) is presently 21.31%.

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.