<div id="readability-page-1"><p>Treasurer of the State of North Carolina lifted its stake in shares of  American Express Company (NYSE:AXP - Free Report) by 17.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 328,973 shares of the payment services company's stock after acquiring an additional 49,833 shares during the quarter. Treasurer of the State of North Carolina's holdings in American Express were worth $104,936,000 at the end of the most recent reporting period.</p><ul><li>Is American Express the Credit Stock For a K-Shaped Economy?</li></ul><p>Other large investors have also recently modified their holdings of the company. Norges Bank bought a new position in  American Express in the second quarter worth approximately $1,897,335,000.  Wellington Management Group LLP grew its position in shares of  American Express by 13.7% during the 1st quarter. Wellington Management Group LLP now owns 18,025,562 shares of the payment services company's stock worth $4,849,777,000 after buying an additional 2,168,445 shares in the last quarter.  Laurel Wealth Advisors LLC increased its stake in shares of  American Express by 31,595.9% during 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 buying an additional 1,736,513 shares during the period.  Geode Capital Management LLC raised its holdings in shares of  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.  Finally, Provident Trust Co. lifted its stake in  American Express by 136.6% in the second quarter. Provident Trust Co. now owns 1,108,971 shares of the payment services company's stock worth $353,740,000 after acquiring an additional 640,214 shares during the period. Hedge funds and other institutional investors own  84.33% of the company's stock. </p><div><p><span></span><span>Get <strong>American Express</strong> alerts:</span></p></div><h2>American Express Price Performance</h2><p>Shares of NYSE AXP opened at $384.89 on Friday. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $385.92. The company has a market cap of $265.13 billion, a PE ratio of 25.83, a P/E/G ratio of 1.69 and a beta of 1.14. 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 business has a 50-day simple moving average of $353.74 and a two-hundred day simple moving average of $327.43. </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 quarterly earnings data on Friday, October 17th. The payment services company reported $4.14 EPS for the quarter, beating the consensus estimate of $3.98 by $0.16. The firm had revenue of $17.14 billion during the quarter, compared to analyst estimates of $18.03 billion. American Express had a net margin of 14.97% and a return on equity of 33.41%. American Express's revenue was up 11.0% on a year-over-year basis. During the same period last year, the firm posted $3.49 EPS. American Express has set its FY 2025 guidance at 15.200-15.500 EPS.  As a group, equities analysts expect that  American Express Company will post 15.33 EPS for the current fiscal year. </p><h2>American Express Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Friday, October 10th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, October 10th. American Express's payout ratio is presently 22.01%. </p><h2>Insider Activity</h2><ul><li>Payment Giants Slide on Stablecoin Buzz—Is Now the Time to Buy?</li></ul><p>In other American Express news, CMO Elizabeth Rutledge sold 50,000 shares of the business's stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the sale, the chief marketing officer owned 85,577 shares in the company, valued at approximately $30,825,691.17. The trade was a 36.88% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, insider Douglas Tabish sold 2,515 shares of the stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $355.61, for a total value of $894,359.15. Following the completion of the transaction, the insider directly owned 2,515 shares in the company, valued at $894,359.15. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 57,515 shares of company stock valued at $20,658,509 over the last ninety days. 0.20% of the stock is currently owned by insiders. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research analysts have commented on the stock. Truist Financial raised their target price on shares of American Express from $375.00 to $395.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, October 20th. Wolfe Research initiated coverage on American Express in a research report on Monday. They set a &#34;peer perform&#34; rating on the stock. 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 report on Wednesday, October 1st. Wells Fargo &amp; Company upped their price objective on American Express from $375.00 to $400.00 and gave the stock an &#34;overweight&#34; rating in a research note on Monday, October 20th. Finally, BTIG Research raised their price objective on American Express from $277.00 to $307.00 and gave the company a &#34;sell&#34; rating in a research report on Friday, October 17th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $332.65.</p><p><b>View Our Latest Stock Report 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>Recommended Stories</h2><ul><li>Five stocks we like better than American Express</li><li>Investing in Commodities: What Are They? How to Invest in Them</li><li>Dividend Powerhouses: 3 Blue-Chip Stocks Built for the Long Haul</li><li>Top Biotech Stocks: Exploring Innovation Opportunities</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</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>The Treasurer of the State of North Carolina increased its stake in American Express Company by 17.9% in Q2, owning 328,973 shares valued at $104.9 million. Other major investors, including Norges Bank and Wellington Management, also adjusted their holdings. American Express reported a Q3 EPS of $4.14, surpassing estimates, with revenue up 11% year-over-year. The company announced a quarterly dividend of $0.82 per share.</p>

Treasurer of the State of North Carolina Grows Stock Holdings in American Express Company $AXP