American Express Company $AXP Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky cut its position in American Express Company (NYSE:AXP) by 17.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 137,776 shares of the payment services company’s stock after selling 29,098 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in American Express were worth $50,970,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its stake in shares of American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. Manning & Napier Advisors LLC acquired a new position in shares of American Express during the third quarter worth approximately $27,000. Guerra Advisors Inc bought a new position in American Express in the 3rd quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in American Express in the 3rd quarter valued at approximately $28,000. Finally, Halbert Hargrove Global Advisors LLC increased its position in American Express by 210.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after acquiring an additional 59 shares during the period. 84.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of analyst reports. TD Cowen reiterated a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Weiss Ratings lowered American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. UBS Group reaffirmed a “neutral” rating and issued a $395.00 price objective on shares of American Express in a report on Wednesday, February 4th. BTIG Research reiterated a “sell” rating and issued a $285.00 target price on shares of American Express in a research report on Friday. Finally, Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research note on Friday, April 10th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $361.05.

American Express Stock Down 1.4%

Shares of AXP stock opened at $314.08 on Friday. American Express Company has a 1 year low of $257.21 and a 1 year high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.58 and a current ratio of 1.65. The business’s fifty day moving average is $313.64 and its 200-day moving average is $344.37. The stock has a market cap of $215.39 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 1.34 and a beta of 1.13.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts expect that American Express Company will post 17.54 earnings per share for the current fiscal year.

American Express Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be given a dividend of $0.95 per share. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s payout ratio is 24.69%.

American Express News Roundup

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

• Positive Sentiment: Q1 beat on profit and revenue — AXP reported EPS of $4.28, above estimates, and revenue roughly $18.9B with cardmember spending the strongest in three years; these fundamentals underpin long-term earnings power. American Express beats profit estimates (Reuters)
• Positive Sentiment: Premium customer strength — Amex is seeing accelerated luxury and travel spending from affluent and younger cardholders, supporting fee income and premium-product growth. Cardholder spending picks up (MarketWatch)
• Positive Sentiment: Strategic commercial wins — New partnerships (including the NFL deal) and product expansion are cited as drivers of revenue growth and customer engagement. NFL deal boosts revenue (Benzinga)
• Positive Sentiment: Bullish analyst move — Bank of America raised its price target to $387 and kept a buy rating, signaling upside from current levels for longer-term holders. BofA raises AXP PT (Benzinga)
• Neutral Sentiment: AI/product tie-ups — Amex is embedding Resy into Anthropic’s Claude in a product partnership that could enhance customer experience but is not an immediate earnings driver. Resy-Anthropic pact (Seeking Alpha)
• Neutral Sentiment: Mixed analyst commentary — Several outlets note AXP as a quality core holding (RBC) even as some firms debate relative upside vs. growth-oriented payments names; this leaves consensus views split. RBC view (Yahoo Finance)
• Negative Sentiment: Cautious FY2026 outlook — Management set EPS guidance of $17.30–$17.90, slightly below consensus, which traders interpreted as guidance conservatism and capped upside. Q1 beat but cautious outlook (Benzinga)
• Negative Sentiment: Higher investment and expense plans — Management flagged increased strategic spending (technology, marketing), which pressured near-term margins and contributed to the weak market reaction. Spending plans raise concern (Proactive Investors)
• Negative Sentiment: Bearish analyst moves — BTIG reaffirmed a sell rating with a $285 PT and JPMorgan previously trimmed its target; these calls add downward pressure and reduce near-term conviction. BTIG sell, JPMorgan cut (Benzinga/InsiderMonkey)
• Negative Sentiment: Macro/geopolitical caution — Middle East tensions and softer futures dampened overall market appetite for cyclicals, amplifying the stock’s decline despite good quarter-level results. Geopolitics weigh on markets (Zacks)

Insider Buying and Selling at American Express

In related news, insider Anna Marrs sold 27,425 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares of the company’s stock, valued at $7,138,103.94. This represents a 57.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Howard Grosfield sold 8,134 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the sale, the insider owned 9,433 shares of the company’s stock, 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. In the last quarter, insiders have sold 73,944 shares of company stock worth $26,114,366. Company insiders own 0.14% of the company’s stock.

About American Express

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.