American Express Company $AXP Position Boosted by MML Investors Services LLC

16 Jun 2026, 10:08 by Danessa Lincoln · The Markets Daily

MML Investors Services LLC increased its holdings in American Express Company (NYSE:AXP) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 97,459 shares of the payment services company’s stock after purchasing an additional 4,644 shares during the quarter. MML Investors Services LLC’s holdings in American Express were worth $36,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AXP. Norges Bank bought a new position in American Express in the 4th quarter worth approximately $2,464,215,000. Capital World Investors grew its holdings in American Express by 46.7% in the 4th quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after buying an additional 2,393,340 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in American Express by 27.0% in the 3rd 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. Amundi grew its holdings in American Express by 23.9% in the 3rd quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock worth $925,449,000 after buying an additional 537,205 shares in the last quarter. Finally, Danske Bank A S bought a new position in American Express in the 3rd quarter worth approximately $153,292,000. 84.33% of the stock is owned by institutional investors.

American Express Stock Up 3.1%

NYSE AXP opened at $335.55 on Tuesday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The company’s 50 day simple moving average is $316.53 and its 200 day simple moving average is $335.66. American Express Company has a 12 month low of $288.34 and a 12 month high of $387.49. The company has a market capitalization of $228.96 billion, a P/E ratio of 20.93, a PEG ratio of 1.32 and a beta of 1.06.

American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $14.22 billion during the quarter, compared to analyst estimates of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, July 2nd. American Express’s payout ratio is 23.71%.

Key Headlines Impacting American Express

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

Positive Sentiment: American Express said it will buy TheFork for $700 million in cash, expanding its dining network in Europe to about 75,000 bookable venues and reinforcing its lifestyle and travel perks strategy. Reuters article
Positive Sentiment: The acquisition fits into AmEx’s broader effort to deepen engagement with premium customers through dining, travel, and experiences, which could help support card spending and loyalty over time. PYMNTS article
Neutral Sentiment: Tripadvisor confirmed it agreed to sell TheFork as part of a strategic review, but the deal is more directly significant for AmEx because it strengthens its dining platform rather than changing core payments operations. Yahoo Finance article

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Loop Capital assumed coverage on American Express in a report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price objective for the company. BTIG Research reissued a “sell” rating and issued a $285.00 price objective on shares of American Express in a report on Friday, April 24th. Bank of America increased their price objective on American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Barclays decreased their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Wells Fargo & Company decreased their price target on American Express from $425.00 to $415.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, American Express currently has a consensus rating of “Hold” and an average price target of $359.05.

Read Our Latest Research Report on AXP

About American Express

(Free Report)

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.