American Express Company $AXP Shares Acquired by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its American Express stake by 50.2% in the third quarter, purchasing 77,800 additional shares for a total holding worth approximately $70.8 million. Institutional investors and hedge funds collectively own 84.33% of AXP.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $365.07; recent actions included BMO Capital Markets initiating an “Outperform” rating and RBC downgrading the stock to “Hold.”
• American Express reported quarterly EPS of $4.53, exceeding expectations of $4.41, and declared a quarterly dividend of $0.95 per share, equivalent to an annualized yield of about 1.2%.

Mn Services Vermogensbeheer B.V. increased its stake in American Express Company (NYSE:AXP) by 50.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,681 shares of the payment services company's stock after purchasing an additional 77,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in American Express were worth $70,758,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Flputnam Investment Management Co. acquired a new position in shares of American Express in the 2nd quarter valued at $12,879,000. State Street Corp boosted its position in shares of American Express by 40.2% during the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company's stock valued at $13,857,176,000 after acquiring an additional 11,739,541 shares in the last quarter. Evolve Private Wealth LLC acquired a new stake in shares of American Express during the 2nd quarter valued at about $5,172,000. Silicon Valley Capital Partners increased its stake in American Express by 14.9% in the second quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company's stock valued at $14,030,000 after acquiring an additional 5,365 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new stake in American Express in the second quarter valued at about $11,642,000. Institutional investors and hedge funds own 84.33% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Weiss Ratings restated a "hold (c+)" rating on shares of American Express in a research note on Monday, July 13th. Evercore set a $320.00 price objective on American Express in a research note on Thursday, October 1st. BMO Capital Markets began coverage on American Express in a report on Thursday. They issued an "outperform" rating and a $380.00 target price for the company. Royal Bank Of Canada downgraded American Express from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 13th. Finally, Truist Financial decreased their price target on American Express from $375.00 to $370.00 and set a "buy" rating on the stock in a research note on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $365.07.

American Express Trading Up 1.2%

Shares of NYSE AXP opened at $307.85 on Friday. American Express Company has a 1-year low of $290.97 and a 1-year high of $387.49. The company has a 50-day moving average of $325.07 and a two-hundred day moving average of $324.99. The company has a market cap of $207.90 billion, a PE ratio of 18.68, a P/E/G ratio of 1.31 and a beta of 1.08. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66.

American Express (NYSE:AXP - Get Free Report) last released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating the consensus estimate of $4.41 by $0.12. The business had revenue of $14.99 billion for the quarter, compared to analysts' expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. American Express's revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 17.67 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express's dividend payout ratio (DPR) is presently 23.06%.

Key American Express News

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

• Positive Sentiment: American Express launched an integrated Corporate Cashback platform combining new cards, expense-management software and AI tools intended to automate corporate spending controls and reporting. The company also said its cards are now accepted at more than 190 million locations globally, supporting its value proposition to business customers. American Express Rolls Out Corporate Cashback Platform As Acceptance Hits 190 Million Locations
• Positive Sentiment: Amex is advising merchants on preparing for AI-powered “agentic commerce,” including how to manage autonomous shopping agents and payment reliability. Offering protection if transactions go wrong could help build trust and strengthen Amex’s role in emerging digital commerce, though it may introduce some costs and liability. Amex Advises Businesses on AI
• Positive Sentiment: Strong demand for premium travel benefits is prompting American Express to build a significantly larger Centurion Lounge at Newark Airport. The expansion highlights continued customer demand and could support card acquisition and retention, although it also requires additional investment. Amex Supersizes Newark Airport Centurion Lounge Before It Even Opens
• Neutral Sentiment: AXP is attracting elevated attention on Zacks, but the article is primarily a recap of factors investors should consider rather than a new company announcement or changed forecast. American Express Is a Trending Stock
• Neutral Sentiment: Investors are also highlighting the upcoming dividend eligibility deadline, which may attract income-focused buyers, but the event is unlikely to materially change American Express’s underlying earnings outlook. Own American Express By Oct. 9 to Qualify for Its Dividend

American Express Company Profile

American Express Company NYSE: AXP is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.

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