American Express Company $AXP Stock Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management reduced its American Express stake by 10.6%, selling 5,882 shares and retaining 49,575 shares valued at approximately $15.1 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.68, exceeding the $4.50 consensus, while revenue increased 8.9% year over year. The company raised its FY 2026 adjusted EPS outlook to $17.60–$17.90 and declared a quarterly dividend of $0.95 per share.
• Despite the earnings beat, AXP shares opened at $313.10, down 3.7%, as investors focused on planned workforce reductions affecting roughly 5% of employees and a $336 million restructuring charge.

Robeco Institutional Asset Management B.V. decreased its position in American Express Company (NYSE:AXP - Free Report) by 10.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 49,575 shares of the payment services company's stock after selling 5,882 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in American Express were worth $15,076,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AXP. Onyx Bridge Wealth Group LLC increased its holdings in shares of American Express by 3.6% in the first quarter. Onyx Bridge Wealth Group LLC now owns 869 shares of the payment services company's stock worth $263,000 after acquiring an additional 30 shares in the last quarter. Crown Wealth Group LLC grew its position in shares of American Express by 5.2% in the 1st quarter. Crown Wealth Group LLC now owns 669 shares of the payment services company's stock valued at $202,000 after purchasing an additional 33 shares during the period. Riverbend Wealth Management LLC increased its stake in American Express by 0.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company's stock worth $1,379,000 after purchasing an additional 34 shares in the last quarter. Valmark Advisers Inc. increased its stake in American Express by 1.9% during the 1st quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company's stock worth $568,000 after purchasing an additional 35 shares in the last quarter. Finally, Cedar Mountain Advisors LLC increased its stake in American Express by 58.3% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company's stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 84.33% of the company's stock.

American Express Stock Down 3.7%

Shares of AXP stock opened at $313.10 on Friday. The firm's fifty day moving average price is $318.84 and its two-hundred day moving average price is $325.94. 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 Company has a 1 year low of $290.97 and a 1 year high of $387.49. The firm has a market capitalization of $211.44 billion, a P/E ratio of 19.00, a PEG ratio of 1.38 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, topping the consensus estimate of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, equities analysts predict that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express's dividend payout ratio (DPR) is currently 23.06%.

Key Stories Impacting American Express

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

• Positive Sentiment: Strong third-quarter results: American Express reported adjusted EPS of $4.68, above the $4.50 consensus estimate, while revenue rose 8.9% year over year to approximately $20.1 billion. Billed business increased 8% to $454 billion, supported by higher card spending, fees and interest income. American Express Q3 Earnings Beat Estimates on Strong Card Fees
• Positive Sentiment: Profit outlook increased: Management raised its 2026 adjusted EPS forecast to $17.60–$17.90, while reported coverage cited GAAP EPS guidance of $18.30–$18.60. Lower credit-loss provisions and continued spending by affluent customers supported the improved outlook. American Express raises 2026 profit forecast as affluent customers keep spending
• Positive Sentiment: Customer engagement initiatives: American Express is expanding its travel ecosystem by adding Airbnb listings and rewards to Amex Travel, potentially strengthening premium-card retention and spending. American Express brings Airbnb bookings and rewards to Amex Travel platform
• Neutral Sentiment: Premium-card benefit changes: Updates to the Platinum Card’s hotel and airport perks, including a revised $600 hotel credit beginning in 2027, could improve the value proposition for some members but may also introduce additional restrictions. Amex Platinum benefits updates
• Negative Sentiment: AI-related layoffs overshadowed the earnings beat: American Express plans to eliminate about 5% of its global workforce—roughly 3,500 to 4,000 positions—and will record a $336 million restructuring charge. Investors may view the move as evidence of rising costs and execution risk, even though it could generate longer-term efficiency gains. American Express is cutting 5% of its workforce
• Negative Sentiment: Revenue and network-volume performance were only broadly in line with expectations: This limited the positive impact of the earnings and guidance improvements, particularly amid a broader market decline and investor concerns about consumer resilience outside American Express’s affluent customer base. American Express Q3 earnings beat as network volume disappoints

Analysts Set New Price Targets

Several analysts have commented on the stock. Piper Sandler raised their target price on shares of American Express from $396.00 to $405.00 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $330.00 target price on shares of American Express in a research note on Friday. President Capital increased their target price on American Express from $359.00 to $400.00 and gave the stock a "buy" rating in a report on Wednesday, August 19th. The Goldman Sachs Group lifted their price target on American Express from $400.00 to $410.00 and gave the company a "buy" rating in a research note on Monday, July 6th. Finally, BTIG Research cut their price target on American Express from $315.00 to $230.00 and set a "sell" rating on the stock in a report on Monday, September 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $364.89.

About American Express

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.

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