Mitsubishi UFJ Asset Management Co. Ltd. Acquires 23,594 Shares of American Express Company $AXP

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of American Express Company (NYSE:AXP) by 1.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,525,753 shares of the payment services company's stock after buying an additional 23,594 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.22% of American Express worth $568,694,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted 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 valued at $2,950,095,000 after buying an additional 146,586 shares during the period. Capital World Investors boosted its stake in shares of 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 valued at $1,701,435,000 after purchasing an additional 24,297 shares during the period. Capital Research Global Investors grew its holdings in American Express by 0.7% in the 3rd quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company's stock worth $1,479,019,000 after acquiring an additional 29,331 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of American Express by 27.0% in the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company's stock valued at $1,310,515,000 after acquiring an additional 845,283 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of 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 purchasing an additional 83,189 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Stock Performance

Shares of American Express stock opened at $315.95 on Wednesday. American Express Company has a 12 month low of $273.61 and a 12 month high of $387.49. The firm has a market capitalization of $215.58 billion, a P/E ratio of 19.71, a P/E/G ratio of 1.30 and a beta of 1.08. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The business has a fifty day simple moving average of $311.11 and a two-hundred day simple moving average of $344.26.

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 analysts' consensus estimates of $4.01 by $0.27. The firm had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company's revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts forecast 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. This is a positive change from American Express's previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 2nd. American Express's payout ratio is 23.71%.

Analyst Ratings Changes

A number of research analysts have commented on AXP shares. JPMorgan Chase & Co. lowered their price target on American Express from $375.00 to $325.00 and set a "neutral" rating for the company in a research report on Thursday, April 9th. Truist Financial decreased their target price on American Express from $400.00 to $360.00 and set a "buy" rating for the company in a report on Monday, March 23rd. Evercore set a $345.00 price target on shares of American Express in a report on Wednesday, April 29th. Weiss Ratings lowered shares of American Express from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, April 15th. Finally, Bank of America raised their target price on shares of American Express from $381.00 to $387.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. 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 company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $357.47.

More American Express News

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

Insider Buying and Selling at American Express

In other news, insider Ravikumar Radhakrishnan sold 15,000 shares of the business's stock in a transaction that occurred on 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 sale, the insider directly owned 8,945 shares of the company's stock, valued at $3,189,608.10. The trade was a 62.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Howard Grosfield sold 8,134 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the sale, the insider directly owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 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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