Hemenway Trust Co LLC Purchases 12,477 Shares of American Express Company $AXP

Hemenway Trust Co LLC raised its position in shares of American Express Company (NYSE:AXP) by 39.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,816 shares of the payment services company's stock after acquiring an additional 12,477 shares during the period. American Express makes up approximately 1.2% of Hemenway Trust Co LLC's investment portfolio, making the stock its 29th largest position. Hemenway Trust Co LLC's holdings in American Express were worth $16,210,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC grew its position in American Express by 1.7% during the third quarter. Fisher Asset Management LLC now owns 8,881,546 shares of the payment services company's stock worth $2,950,095,000 after buying an additional 146,586 shares in the last quarter. Capital World Investors grew its position in American Express by 0.5% during the third quarter. Capital World Investors now owns 5,122,335 shares of the payment services company's stock worth $1,701,435,000 after buying an additional 24,297 shares in the last quarter. Capital Research Global Investors grew its position in American Express by 0.7% during the third quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company's stock worth $1,479,019,000 after buying an additional 29,331 shares in the last quarter. Ameriprise Financial Inc. grew its position in American Express by 27.0% during the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company's stock worth $1,310,515,000 after buying an additional 845,283 shares in the last quarter. Finally, Legal & General Group Plc grew its position in American Express by 2.4% during the third quarter. Legal & General Group Plc now owns 3,483,876 shares of the payment services company's stock worth $1,157,204,000 after buying an additional 83,189 shares in the last quarter. Institutional investors own 84.33% of the company's stock.

Key Headlines Impacting American Express

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

• Positive Sentiment: Sale of remaining ~30% stake in Global Business Travel (GBT) will unlock cash and an expected pre‑tax gain, providing ammunition for buybacks/dividends and reducing exposure to travel services. AmEx's GBT Exit and Q1 Beat
• Positive Sentiment: Q1 results showed an EPS beat and management reaffirmed 2026 guidance — evidence of earnings resilience that supports the stock’s capital-return plans. AmEx's Q1 Beat / Guidance
• Positive Sentiment: Airfare inflation and tighter flight capacity are pushing consumers toward cheaper alternatives and rewards programs — a macro tailwind for card spend and loyalty benefits that favor networks like AmEx. Airfares Jump 15%
• Neutral Sentiment: Board declared the quarterly dividend on Series D preferred shares (routine funding item for shareholders of the preferred series). Preferred Dividend Declared
• Neutral Sentiment: Management will appear at investor conferences and the company issued fixed‑to‑floating rate notes — both items increase transparency and adjust capital structure but are not material earnings drivers on their own. Investor Conferences Fixed-to-Floating Notes
• Negative Sentiment: Some analysts and income investors are questioning whether the company can sustain a faster-growing common dividend after a 16% raise and the larger payout schedule. That concern can pressure the stock if investors worry about future cash flow allocation. Can American Express Keep Up With Its Swelling Dividend?
• Negative Sentiment: Despite the EPS beat, some headline revenue figures and market expectations (citations in coverage) raised questions about topline momentum — investors may be selling into the news or rotating out on valuation/technical concerns. Will Strong Q1 Earnings, Card Upgrades And Asset Sale Proceeds Change AXP Narrative

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AXP shares. Credit Suisse Group set a $328.00 price target on American Express in a research report on Monday, January 12th. BTIG Research reissued a "sell" rating and set a $285.00 price target on shares of American Express in a research report on Friday, April 24th. JPMorgan Chase & Co. reduced their price target on American Express from $375.00 to $325.00 and set a "neutral" rating on the stock in a research report on Thursday, April 9th. Truist Financial reduced their price target on American Express from $400.00 to $360.00 and set a "buy" rating on the stock in a research report on Monday, March 23rd. Finally, Wells Fargo & Company reduced their price target on American Express from $425.00 to $415.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $357.47.

American Express Stock Down 1.0%

NYSE AXP opened at $315.95 on Wednesday. The business has a fifty day moving average price of $311.11 and a two-hundred day moving average price of $344.26. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a fifty-two week low of $273.61 and a fifty-two week high of $387.49. The stock has a market capitalization of $215.58 billion, a PE ratio of 19.71, a PEG ratio of 1.30 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.22 billion during the quarter, compared to analysts' expectations of $18.60 billion. During the same period in the prior year, the company earned $3.64 earnings per share. The company's quarterly revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be paid a dividend of $0.95 per share. The ex-dividend date is Thursday, April 2nd. This is a boost from American Express's previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express's dividend payout ratio is currently 23.71%.

Insiders Place Their Bets

In other news, insider Ravikumar Radhakrishnan sold 15,000 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the completion of the transaction, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This represents a 62.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the company's stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the transaction, the insider owned 7,754 shares of the company's stock, valued at $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 73,944 shares of company stock valued at $26,114,366 over the last ninety days. Company insiders own 0.14% of the company's stock.

American Express Company Profile

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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