M&T Bank Corp Has $78.22 Million Position in American Express Company $AXP

M&T Bank Corp boosted its stake in shares of American Express Company (NYSE:AXP) by 34.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,428 shares of the payment services company’s stock after acquiring an additional 54,324 shares during the quarter. M&T Bank Corp’s holdings in American Express were worth $78,218,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Valley Wealth Managers Inc. raised its stake in American Express by 153.3% during the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after acquiring an additional 46 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in American Express during the third quarter worth $27,000. Guerra Advisors Inc bought a new stake in shares of American Express during the third quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of American Express during the third quarter worth $28,000. Finally, Halbert Hargrove Global Advisors LLC grew its holdings in shares of American Express by 210.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock worth $29,000 after purchasing an additional 59 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on AXP. Wells Fargo & Company decreased their target price on American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Morgan Stanley decreased their target price on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Weiss Ratings cut American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Credit Suisse Group set a $328.00 target price on American Express in a report on Monday, January 12th. Finally, BTIG Research decreased their target price on American Express from $328.00 to $285.00 and set a “sell” rating on the stock in a report on Monday, March 16th. Seven equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $354.16.

American Express Price Performance

American Express stock opened at $329.71 on Wednesday. The business’s 50-day simple moving average is $315.01 and its 200 day simple moving average is $344.64. The stock has a market cap of $226.11 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 1.39 and a beta of 1.13. American Express Company has a 12-month low of $246.37 and a 12-month high of $387.49. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68.

American Express (NYSE:AXP) last posted its quarterly earnings results 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). American Express had a net margin of 15.00% and a return on equity of 33.49%. The firm had revenue of ($17,139.00) million during the quarter, compared to the consensus estimate of $18.91 billion. During the same quarter in the prior year, the business earned $3.04 EPS. American Express’s revenue was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.53 earnings per share for the current year.

American Express Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. This is an increase 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%.

More American Express News

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

• Positive Sentiment: Amex raised its dividend ~16% and rolled out AI payment tools (ACE Developer Kit, Amex Agent Purchase Protection), reinforcing cash return to shareholders and potential revenue/engagement upside from new products. American Express (AXP) Valuation Check As Earnings, Dividend Rise And New AI Payment Tools Draw Attention
• Positive Sentiment: Acquisition of Hypercard and related AI investments are positioned to accelerate AI-driven expense automation and commercial services, which could expand Amex’s corporate offerings and long-term margins. How Will AmEx’s Hyper Acquisition Expand Its AI Capabilities?
• Positive Sentiment: Industry commentary frames Amex’s AI-focused moves as strategically significant for fintech corporate finance, signaling a deeper competitive moat if executed well. American Express’s AI focused Acquisition Signals a Deeper Shift in Fintech’s Corporate Finance Race
• Positive Sentiment: Positive investor sentiment is amplified by Berkshire Hathaway/Buffett coverage and commentary highlighting Amex’s durable cash generation and pricing power. That narrative often supports valuation multiples and steady shareholder demand. Warren Buffett’s American Express rides platinum card change wave
• Neutral Sentiment: Investors are focused on tomorrow’s Q1 print; previews analyze key metrics beyond EPS (spend, discount revenue, net interest margin) that will drive the reaction. Earnings uncertainty can cause short-term volatility. American Express (AXP) Reports Earnings Tomorrow: What To Expect
• Neutral Sentiment: Analyst estimate roundups and metric-level expectations (Zacks, Yahoo) are being tracked to set expectations on spend trends and commercial card adoption; these previews help set the benchmark for the print. Exploring Analyst Estimates for American Express (AXP) Q1 Earnings, Beyond Revenue and EPS
• Negative Sentiment: Brokerage consensus remains a “Hold,” signaling limited near-term upside from some institutional analysts despite the headline positives — this can cap momentum if earnings fail to materially beat expectations. American Express Company (NYSE:AXP) Given Consensus Rating of “Hold” by Brokerages

Insider Buying and Selling

In other American Express news, insider Anna Marrs sold 27,425 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the transaction, 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. 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 firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $356.91, for a total value of $8,346,340.35. Following the transaction, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,944 shares of company stock worth $26,114,366 in the last ninety days. 0.14% of the stock is currently owned by corporate insiders.

American Express 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.