OLD National Bancorp IN Sells 12,516 Shares of American Express Company $AXP

Posted by on Jun 27th, 2026

OLD National Bancorp IN cut its stake in shares of American Express Company (NYSE:AXP – Free Report) by 51.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,727 shares of the payment services company’s stock after selling 12,516 shares during the period. OLD National Bancorp IN’s holdings in American Express were worth $3,547,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AXP. Norges Bank bought a new position in American Express in the fourth quarter valued at about $2,464,215,000. Capital World Investors grew its holdings in shares of American Express by 46.7% during the fourth quarter. Capital World Investors now owns 7,515,675 shares of the payment services company’s stock worth $2,780,424,000 after purchasing an additional 2,393,340 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of American Express by 27.0% in the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after buying an additional 845,283 shares during the period. Bank of America Corp DE increased its stake in shares of American Express by 7.7% in the fourth quarter. Bank of America Corp DE now owns 7,850,298 shares of the payment services company’s stock valued at $2,904,218,000 after buying an additional 558,533 shares during the period. Finally, Amundi raised 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 valued at $925,449,000 after buying an additional 537,205 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

American Express Stock Performance

NYSE:AXP opened at $341.11 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. American Express Company has a twelve month low of $288.34 and a twelve month high of $387.49. The company has a fifty day moving average of $320.91 and a 200-day moving average of $334.24. The firm has a market capitalization of $232.75 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.41 and a beta of 1.06.

American Express (NYSE:AXP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $0.27. The business had revenue of $14.21 billion for the quarter, compared to analyst estimates of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. American Express’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts anticipate that American Express Company will post 17.64 EPS for the current year.

American Express Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on AXP. Evercore set a $345.00 target price on shares of American Express in a research report on Wednesday, April 29th. BTIG Research restated a “sell” rating and issued a $285.00 price target on shares of American Express in a research report on Tuesday, June 16th. Truist Financial lifted their price target on shares of American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday. Wells Fargo & Company reduced their price objective on shares of American Express from $425.00 to $415.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, Morgan Stanley decreased their price objective on American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Express presently has a consensus rating of “Hold” and a consensus price target of $361.55.

Read Our Latest Stock Analysis 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.

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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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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