Factory Mutual Insurance Co. Sells 11,900 Shares of American Express Company $AXP

Key Points

• Factory Mutual Insurance Co. trimmed its stake in American Express by 11.0% in Q4, selling 11,900 shares and finishing the quarter with 96,600 shares valued at about $35.74 million.
• Dividend increase: American Express raised its quarterly dividend to $0.95 (annualized $3.80, yield ~1.2%), with an ex-dividend date of April 2 and payment on May 8.
• Potential near-term headwinds include heavy insider selling (73,944 shares worth ~$26.1M in the last 90 days) and analyst price-target cuts (notably JPMorgan from $375 to $325), with AXP trading down roughly 1.2% on the report.

Factory Mutual Insurance Co. decreased its position in shares of American Express Company (NYSE:AXP) by 11.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,600 shares of the payment services company's stock after selling 11,900 shares during the quarter. Factory Mutual Insurance Co.'s holdings in American Express were worth $35,737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AXP. Brighton Jones LLC grew its position in shares of American Express by 24.4% during the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company's stock worth $1,924,000 after buying an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company's stock worth $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in shares of American Express during the 2nd quarter worth $428,000. Howland Capital Management LLC grew its position in shares of American Express by 4.2% during the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company's stock worth $707,000 after buying an additional 90 shares in the last quarter. Finally, Intact Investment Management Inc. bought a new position in shares of American Express during the 2nd quarter worth $64,000. Institutional investors own 84.33% of the company's stock.

Trending Headlines about American Express

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

• Positive Sentiment: Zacks highlights AXP for earnings growth and price strength, naming it a stock to watch — a momentum/earnings-based endorsement that can attract investors. Earnings Growth & Price Strength Make American Express (AXP) a Stock to Watch
• Positive Sentiment: Seasonality study (Benzinga) points to a historical April–June lift for AXP, with a recurring mid‑April buy signal — this creates a short-term technical tailwind for traders. American Express Has A Spring Pattern: History Says April 14 Is The Buy Signal
• Neutral Sentiment: Kalkine reports AXP tracking valuation metrics within the S&P 500 — useful context on relative valuation but not an immediate catalyst. American Express NYSE: AXP Tracks Valuation Metrics Within S&P 500 Chart
• Neutral Sentiment: Visa’s push on AI-driven commerce (Intelligent Commerce Connect) is industry‑level news — potential longer‑term competitive pressure, but not an immediate earnings shock to AXP. How Can Visa's Intelligent Commerce Connect Power AI Agents?
• Neutral Sentiment: MarketBeat / newsletter pieces discuss sector picks and analyst commentary that may shift investor interest into/away from financials; informative but not a direct catalyst. 3 Sectors to Buy While They're Down and 1 to Walk Away From
• Neutral Sentiment: Globe and Mail roundup and Delta’s strong Q1 revenue both add macro/sector color — Delta’s travel strength supports consumer spend trends that benefit card issuers like Amex. Analysts Offer Insights on Financial Companies: MSCI (MSCI) and American Express (AXP)
• Negative Sentiment: Wells Fargo lowered its AXP price target from $425 to $415 while keeping an Overweight rating — a modest negative signal that trims upside expectations. Wells Fargo Lowers AXP Target, Says Consumer Trends Remain Resilient
• Negative Sentiment: JPMorgan cut its price target sharply (reported from $375 to $325) and moved to a Neutral rating — this is the largest near-term negative catalyst and likely the main driver of selling pressure. American Express price target cut coverage

American Express Trading Down 1.2%

Shares of NYSE AXP opened at $313.83 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. The stock has a market capitalization of $215.22 billion, a P/E ratio of 20.39, a price-to-earnings-growth ratio of 1.34 and a beta of 1.13. American Express Company has a 1-year low of $239.27 and a 1-year high of $387.49. The business has a fifty day moving average price of $318.93 and a 200 day moving average price of $344.94.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts' consensus estimates of $3.54 by ($0.01). The company had revenue of ($17,139.00) million for the quarter, compared to analysts' expectations of $18.91 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.The company's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts expect that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. This is a boost from American Express's previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. American Express's dividend payout ratio (DPR) is 24.69%.

Insiders Place Their Bets

In other American Express news, insider Ravikumar Radhakrishnan sold 15,000 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $356.58, for a total value of $5,348,700.00. Following the completion of the sale, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This trade represents a 62.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the completion of the sale, the insider owned 7,754 shares of the company's stock, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 73,944 shares of company stock valued at $26,114,366. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on AXP. Credit Suisse Group set a $328.00 price target on American Express in a research report on Monday, January 12th. Royal Bank Of Canada set a $415.00 price objective on American Express in a research note on Friday. Morgan Stanley set a $395.00 price objective on American Express in a research note on Tuesday, January 20th. Wells Fargo & Company decreased their price objective on American Express from $425.00 to $415.00 and set an "overweight" rating for the company in a research note on Thursday. Finally, Barclays decreased their price objective on American Express from $367.00 to $323.00 and set an "equal weight" rating for the company in a research note on Monday, April 6th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $351.20.

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.

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