Modern Wealth Management LLC Boosts Position in American Express Company $AXP

Key Points

• Modern Wealth Management LLC boosted its stake in American Express by 755.8% in Q3, buying an additional 40,264 shares to hold 45,591 shares worth about $15.14 million.
• American Express raised its quarterly dividend 16% to $0.95 ($3.80 annualized) with an ex-dividend date of April 2, signaling a shareholder-return focus and a current dividend yield of about 1.3%.
• The company reported quarterly EPS of $3.53 (missing estimates by $0.01) with revenue up 10.5% YoY and set FY2026 guidance of 17.30–17.90 EPS; shares were trading around $300.83 amid mixed analyst views and heavy institutional ownership.

Modern Wealth Management LLC raised its stake in American Express Company (NYSE:AXP - Free Report) by 755.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,591 shares of the payment services company's stock after purchasing an additional 40,264 shares during the period. Modern Wealth Management LLC's holdings in American Express were worth $15,143,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of American Express in the 2nd quarter valued at $1,897,335,000. Laurel Wealth Advisors LLC lifted its position in American Express by 31,595.9% in the second quarter. Laurel Wealth Advisors LLC now owns 1,742,009 shares of the payment services company's stock valued at $555,666,000 after acquiring an additional 1,736,513 shares during the last quarter. Geode Capital Management LLC boosted its stake in American Express by 11.1% in the second quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company's stock valued at $4,282,984,000 after acquiring an additional 1,349,746 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in American Express by 26.1% in the second quarter. Ameriprise Financial Inc. now owns 3,125,133 shares of the payment services company's stock valued at $988,676,000 after acquiring an additional 646,039 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of American Express by 1.3% during the second quarter. Vanguard Group Inc. now owns 46,425,262 shares of the payment services company's stock worth $14,808,730,000 after purchasing an additional 581,369 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company's stock.

American Express Trading Down 2.1%

Shares of AXP stock opened at $300.83 on Friday. The company has a market capitalization of $206.55 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.30 and a beta of 1.14. The company has a current ratio of 1.59, a quick ratio of 1.58 and a debt-to-equity ratio of 1.68. The business's 50 day moving average is $350.90 and its two-hundred day moving average is $349.03. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49.

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

American Express Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change 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 presently 21.31%.

Insider Activity

In other news, insider Howard Grosfield sold 8,134 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at $3,270,704.09. This trade represents a 46.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anna Marrs sold 27,425 shares of American Express stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the completion of the sale, the insider owned 20,394 shares in the company, valued at approximately $7,138,103.94. This trade represents a 57.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 73,944 shares of company stock valued at $26,114,366. Company insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AXP shares. Morgan Stanley set a $395.00 target price on American Express in a report on Tuesday, January 20th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $425.00 price target on shares of American Express in a research report on Monday, January 12th. Weiss Ratings upgraded American Express from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, December 29th. Truist Financial decreased their price objective on American Express from $420.00 to $400.00 and set a "buy" rating for the company in a report on Monday, February 2nd. Finally, Wolfe Research initiated coverage on shares of American Express in a research report on Monday, December 8th. They set a "peer perform" rating on the stock. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Express presently has an average rating of "Hold" and an average price target of $352.73.

More American Express News

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

• Positive Sentiment: Board approved a 16% quarterly dividend increase to $0.95 and emphasized shareholder returns, a supportive sign for income-focused investors. American Express Announces 16% Increase in Quarterly Dividend
• Positive Sentiment: New long-term stadium and NFL team partnerships aim to drive card engagement and incremental transactions in key metro markets — a revenue/TPV growth lever for premium cardholders. American Express announces stadium, NFL team partnerships
• Positive Sentiment: Company is expanding tech initiatives (AI partner Traversal) and planning a new World Trade Center HQ, signaling investment in operations and long-term productivity improvements. American Express Taps AI And Sports Deals As Stock Trades Below Targets
• Neutral Sentiment: Valuation write-ups note the dividend hike and partnerships but also point out the recent pullback — useful context for investors reassessing entry points. Taking A Fresh Look At American Express (AXP) Valuation After Dividend Hike And New Sports Partnerships
• Neutral Sentiment: Company updated its Q1 earnings date and will webcast the annual meeting — housekeeping items that provide upcoming catalysts/communication opportunities. American Express Updates First-Quarter 2026 Earnings Date and Plans to Host Live Audio Webcast of Annual Meeting of Shareholders
• Negative Sentiment: Commentary says the current slide looks more sentiment-driven than business-driven — highlighting panic selling and momentum losses as drivers of the near-term weakness. American Express Stock's Slide Worsens as Shares Hit $300. Time to Buy?
• Negative Sentiment: Short interest has risen materially, indicating growing bearish positioning that can amplify downward moves. American Express Company NYSE: AXP Sees Large Increase in Short Interest
• Negative Sentiment: New premium cards from competitors (Robinhood’s $695 Platinum) are being positioned against Amex’s lucrative premium card franchise — potential pressure on market share and fee income over time. Robinhood’s new $695 Platinum card vs $895 Amex Platinum: Which one has better perks?
• Negative Sentiment: Analysis pointing to a ~12% slip in March cites concerns about disruption (AI, competition) and investor rotation away from expensive financial names. Why American Express Stock Slipped 12% In March

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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