American Express Company $AXP Stock Position Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of American Express Company (NYSE:AXP) by 26.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 103,646 shares of the payment services company’s stock after purchasing an additional 21,738 shares during the quarter. Kestra Advisory Services LLC’s holdings in American Express were worth $31,519,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in American Express in the second quarter valued at $14,208,662,000. State Street Corp increased its position in shares of American Express by 40.2% in the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after buying an additional 11,739,541 shares in the last quarter. Bank of America Corp DE raised its stake in shares of American Express by 8.4% during the 2nd 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 during the last quarter. Corient Private Wealth LP acquired a new position in shares of American Express during the 2nd quarter worth $253,945,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of American Express in the 2nd quarter worth about $1,263,787,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Trading Down 1.2%

AXP traded down $3.95 during midday trading on Friday, hitting $321.02. The company’s stock had a trading volume of 2,932,179 shares, compared to its average volume of 3,071,100. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. 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 firm has a 50-day moving average price of $316.22 and a two-hundred day moving average price of $325.65. The firm has a market cap of $215.26 billion, a P/E ratio of 18.08, a PEG ratio of 1.39 and a beta of 1.09.

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

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be issued a dividend of $0.95 per share. The ex-dividend date is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s payout ratio is presently 21.40%.

Insider Transactions at American Express

In other news, insider Anna Marrs sold 44,910 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $327.20, for a total transaction of $14,694,552.00. Following the completion of the sale, the insider owned 20,509 shares in the company, valued at approximately $6,710,544.80. The trade was a 68.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephen Squeri sold 299,401 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $332.16, for a total transaction of $99,449,036.16. Following the sale, the chief executive officer directly owned 60,567 shares of the company’s stock, valued at approximately $20,117,934.72. This trade represents a 83.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 414,171 shares of company stock worth $137,069,544. 0.14% of the stock is currently owned by company insiders.

Key Headlines Impacting American Express

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

• Positive Sentiment: American Express has reduced its share count by 27% since 2016, while diluted earnings per share increased 352% from Q3 2016 to the latest quarter. The article credits its premium brand and network advantages—long-term strengths that have helped shareholders, rather than a new near-term development. Article: American Express Has Cut Its Share Count by 27% Since 2016
• Positive Sentiment: ETFs recorded $41.8 million in net purchases of AXP shares on Nov. 4, providing a modest signal of institutional demand. Article: American Express Sees $41.8 Million in Net ETF Buying
• Negative Sentiment: A report says American Express insider Laureen Seeger sold 69,860 shares. Insider sales can weigh on sentiment, although the provided report does not give context for the transaction. Article: Insider Laureen Seeger Sells 69,860 Shares
• Negative Sentiment: AXP also had a notable decline in the prior session, but the cited coverage does not specify what drove the move. This recent weakness may be weighing on near-term sentiment. Article: American Express Drops 3.5%

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. BTIG Research lowered their price objective on shares of American Express from $315.00 to $230.00 and set a “sell” rating on the stock in a research note on Monday, September 7th. Evercore set a $330.00 target price on shares of American Express in a report on Tuesday, October 27th. President Capital lifted their target price on shares of American Express from $359.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings raised shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, October 26th. Finally, Barclays lowered their price target on shares of American Express from $342.00 to $340.00 and set an “equal weight” rating on the stock in a research report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $365.22.

About American Express

American Express Company is a global payments and financial services company that operates a card-issuing business and a payments network. Its products and services include consumer, small-business and corporate cards, payment processing, lending, travel services and expense-management solutions.

Founded in 1850 as an express mail business, the company expanded into financial services and became known for its charge cards and travel-related services. Today, it serves cardholders and businesses in the United States and markets around the world, connecting customers, merchants and financial institutions through its network.

Stephen J.