<div id="readability-page-1"><p>Peapack Gladstone Financial Corp boosted its position in  American Express Company (NYSE:AXP - Free Report) by 4.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,251 shares of the payment services company's stock after buying an additional 2,603 shares during the quarter. Peapack Gladstone Financial Corp's holdings in American Express were worth $20,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>American Express</strong> alerts:</span></p></div><ul><li>Is American Express the Credit Stock For a K-Shaped Economy?</li></ul><p>A number of other institutional investors have also recently made changes to their positions in AXP. Access Investment Management LLC purchased a new stake in  American Express in the 2nd quarter worth about $26,000.  Briaud Financial Planning Inc purchased a new stake in  American Express during the second quarter valued at about $26,000.  Chung Wu Investment Group LLC bought a new position in  American Express during the second quarter worth about $37,000.  Howard Hughes Medical Institute purchased a new position in shares of  American Express in the second quarter worth about $38,000.  Finally, Solstein Capital LLC purchased a new position in shares of  American Express in the second quarter worth about $39,000. Hedge funds and other institutional investors own  84.33% of the company's stock. </p><h2>American Express Price Performance</h2><p>NYSE:AXP opened at $384.89 on Friday. American Express Company has a 52-week low of $220.43 and a 52-week high of $385.92. The stock has a fifty day moving average of $353.74 and a 200 day moving average of $327.43. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.59 and a current ratio of 1.61. The firm has a market capitalization of $265.13 billion, a price-to-earnings ratio of 25.83, a P/E/G ratio of 1.69 and a beta of 1.14. </p><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p>American Express (NYSE:AXP - Get Free Report) last announced its earnings results on Friday, October 17th. The payment services company reported $4.14 earnings per share for the quarter, topping analysts' consensus estimates of $3.98 by $0.16. The business had revenue of $17.14 billion for the quarter, compared to analyst estimates of $18.03 billion. American Express had a return on equity of 33.41% and a net margin of 14.97%.The company's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company earned $3.49 EPS. American Express has set its FY 2025 guidance at 15.200-15.500 EPS.  On average, research analysts expect that  American Express Company will post 15.33 EPS for the current fiscal year. </p><h2>American Express Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Friday, October 10th were given a dividend of $0.82 per share. The ex-dividend date was Friday, October 10th. This represents a $3.28 annualized dividend and a yield of 0.9%. American Express's payout ratio is presently 22.01%. </p><h2>Insiders Place Their Bets</h2><ul><li>Payment Giants Slide on Stablecoin Buzz—Is Now the Time to Buy?</li></ul><p>In other news, CMO Elizabeth Rutledge sold 50,000 shares of American Express stock in a transaction on Friday, October 31st. The shares were sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the completion of the sale, the chief marketing officer directly owned 85,577 shares of the company's stock, valued at approximately $30,825,691.17. The trade was a 36.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Denise Pickett sold 5,000 shares of the company's stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $350.73, for a total transaction of $1,753,650.00. Following the completion of the transaction, the insider owned 7,726 shares of the company's stock, valued at $2,709,739.98. This trade represents a 39.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 57,515 shares of company stock valued at $20,658,509 in the last quarter. Corporate insiders own  0.20% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>AXP has been the subject of several analyst reports. Wall Street Zen downgraded shares of American Express from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Sunday, November 9th. Wells Fargo &amp; Company raised their price target on American Express from $375.00 to $400.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, October 20th. Keefe, Bruyette &amp; Woods lifted their price target on American Express from $371.00 to $394.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday, October 1st. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of American Express in a report on Monday. Finally, Evercore ISI lifted their target price on American Express from $330.00 to $365.00 and gave the company an &#34;in-line&#34; rating in a report on Tuesday, September 30th. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat, American Express currently has an average rating of &#34;Hold&#34; and a consensus price target of $332.65.</p><p><b>View Our Latest Analysis on American Express</b></p><h2>American Express Company Profile</h2> (Free Report)<p>American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than American Express</li><li>How to Use the MarketBeat Dividend Calculator</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>Short Selling - The Pros and Cons </li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFYUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFYUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in American Express Right Now?</h2><p>Before you consider American Express, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Express wasn't on the list.</p><p>While American Express currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Peapack Gladstone Financial Corp increased its stake in American Express by 4.2% in Q2, owning 64,251 shares worth $20.5 million. Other institutional investors also adjusted their positions. American Express reported Q3 earnings of $4.14 per share, beating estimates. Analysts have mixed ratings, with Wells Fargo raising its price target to $400. Insiders sold shares worth $20.7 million last quarter. The stock's 52-week high is $385.92, with a market cap of $265.13 billion.</p>

Peapack Gladstone Financial Corp Purchases 2,603 Shares of American Express Company $AXP