American Express (NYSE:AXP) Shares Break Below 200-Day Moving Average – Here’s What Happened

American Express Company (NYSE:AXP) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $325.81 and traded as low as $324.41. American Express shares last traded at $324.9550, with a volume of 4,575,696 shares traded.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express expanded its NBA, WNBA and USA Basketball partnerships with international cardmember experiences and benefits, which could support customer engagement and brand loyalty. Article: American Express Brings Global Basketball Perks to Cardholders
• Positive Sentiment: An October partnership with Airbnb adds more than one million listings to Amex Travel for eligible U.S. cardmembers, potentially enhancing the appeal of its travel platform. Article: Airbnb Stock in Focus After Amex Deal
• Neutral Sentiment: A recent comparison asks whether AXP or Virtu Financial is the better value stock, but the available summary provides no specific valuation conclusion or new company catalyst. Article: VIRT or AXP: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Insiders Anna Marrs and Laureen Seeger disclosed sizable stock sales. Such transactions can weigh on sentiment, though they do not necessarily signal a change in business outlook. Article: American Express Insider Anna Marrs Sells Shares Article: American Express Insider Laureen Seeger Sells Shares
• Negative Sentiment: Macro concerns are cited as the broader issue behind selling, alongside a report highlighting job cuts. A separate warning from investor Bill Ackman about corporate-spending fintech Ramp adds to concerns about competition, although the article notes analysts still expect AXP to grow earnings and revenue. Article: Amex Stock Slides on Job Cuts, but the Real Story Is Macro Article: American Express Draws Bill Ackman’s Warning

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AXP shares. Loop Capital cut their price target on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a report on Monday, July 27th. HSBC increased their price objective on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a report on Monday, July 13th. President Capital raised their target price on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Guggenheim started coverage on American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. Finally, BMO Capital Markets began coverage on American Express in a research note on Thursday, October 8th. They set an “outperform” rating and a $380.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $365.22.

American Express Stock Down 2.3%

The stock has a market cap of $217.90 billion, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 1.40 and a beta of 1.09. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.64. The stock’s 50-day moving average is $316.48 and its 200-day moving average is $325.81.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.50 by $0.18. American Express had a net margin of 15.80% and a return on equity of 34.19%. The company had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $20.12 billion. During the same period in the previous year, the firm earned $4.14 EPS. American Express’s revenue was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.98 earnings per share for the current fiscal year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio (DPR) is currently 21.40%.

Insider Buying and Selling

In related news, insider Laureen Seeger sold 69,860 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $328.17, for a total transaction of $22,925,956.20. Following the sale, the insider owned 9,002 shares of the company’s stock, valued at $2,954,186.34. The trade was a 88.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Anna Marrs sold 44,910 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $327.20, for a total value of $14,694,552.00. Following the transaction, the insider directly owned 20,509 shares of the company’s stock, valued at approximately $6,710,544.80. The trade was a 68.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of American Express in the 2nd quarter worth approximately $14,208,662,000. State Street Corp boosted its holdings in American Express by 40.2% during the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after buying an additional 11,739,541 shares in the last quarter. Bank of America Corp DE boosted its holdings in American Express by 8.4% during the second quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company’s stock worth $2,695,702,000 after buying an additional 614,981 shares in the last quarter. Corient Private Wealth LP boosted its holdings in American Express by 492.2% during the second quarter. Corient Private Wealth LP now owns 4,771,292 shares of the payment services company’s stock worth $1,613,890,000 after buying an additional 3,965,582 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in American Express in the second quarter worth approximately $1,263,787,000. Institutional investors own 84.33% of the company’s stock.

American Express Company Profile

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.