American Express Company $AXP Shares Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI raised its stake in American Express Company (NYSE:AXP) by 7.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,218 shares of the payment services company’s stock after purchasing an additional 4,789 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in American Express were worth $22,991,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. McGlone Suttner Wealth Management Inc. lifted its position in American Express by 1.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock worth $967,000 after acquiring an additional 29 shares in the last quarter. Sandy Cove Advisors LLC grew its position in American Express by 2.1% in the third quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock valued at $485,000 after acquiring an additional 30 shares in the last quarter. Bath Savings Trust Co raised its stake in shares of American Express by 1.1% during the third quarter. Bath Savings Trust Co now owns 2,922 shares of the payment services company’s stock valued at $971,000 after purchasing an additional 31 shares during the period. Jamison Private Wealth Management Inc. lifted its position in shares of American Express by 0.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 4,220 shares of the payment services company’s stock worth $1,402,000 after purchasing an additional 31 shares in the last quarter. Finally, Berger Financial Group Inc lifted its position in shares of American Express by 1.4% during the third quarter. Berger Financial Group Inc now owns 2,232 shares of the payment services company’s stock worth $741,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Insider Transactions at American Express

In other American Express news, insider Denise Pickett sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $350.73, for a total value of $1,753,650.00. Following 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Douglas Tabish sold 2,515 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $355.61, for a total value of $894,359.15. Following the transaction, the insider directly owned 2,515 shares of the company’s stock, valued at $894,359.15. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 57,515 shares of company stock worth $20,658,509. 0.20% of the stock is currently owned by insiders.

American Express Stock Down 1.9%

Shares of American Express stock opened at $375.79 on Monday. The business has a 50-day moving average price of $369.05 and a 200 day moving average price of $339.88. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $387.49. The firm has a market cap of $258.86 billion, a P/E ratio of 25.22, a P/E/G ratio of 1.57 and a beta of 1.15. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 1.78.

American Express (NYSE:AXP) last issued its earnings results on Friday, January 30th. The payment services company reported ($11.85) EPS for the quarter, missing the consensus estimate of $3.56 by ($15.41). American Express had a return on equity of 33.41% and a net margin of 14.97%.The firm had revenue of ($17,139.00) million during the quarter, compared to analyst estimates of $18.91 billion. On average, sell-side analysts forecast that American Express Company will post 15.33 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 Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. American Express’s dividend payout ratio is 22.01%.

Key American Express News

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

• Positive Sentiment: American Express confirmed management will participate in the UBS Financial Services Conference on Feb. 10 — gives investors direct access to management for questions on margins, lending trends and guidance. American Express to Participate in UBS Financial Services Conference
• Positive Sentiment: TD Cowen raised its price target to $375 (maintaining a Hold), a modest vote of confidence that suggests limited near-term downside from their view. Benzinga
• Positive Sentiment: Analysis pieces highlight product momentum and strength with younger premium cardholders, which supports the longer-term card-spend and customer-retention bull case for AXP. Does AXP’s Younger Premium Cardholders and Product Momentum Change The Bull Case For American Express?
• Neutral Sentiment: Coverage and analyst views remain mixed — some outlets list American Express among names with divergent analyst opinions, reflecting varied views on growth vs. credit/lending risks. Analysts’ Opinions Are Mixed on These Financial Stocks
• Neutral Sentiment: Benzinga and other aggregator pieces compile multiple analyst viewpoints (9 experts) — useful for context but not a single clear catalyst. The Analyst Verdict: American Express In The Eyes Of 9 Experts
• Neutral Sentiment: Broader market narratives (e.g., lists of largest stable holdings after Berkshire’s leadership change) may affect investor appetite for big-cap financials, but impacts on AXP are indirect and uncertain. 74% of the $317B Portfolio … 8 Unstoppable Stocks
• Negative Sentiment: President Trump called for a one-year 10% cap on credit-card interest rates starting Jan. 20 — he provided no implementation details, but the proposal elevates regulatory and political risk for card issuers and is cited by the market as a key reason for selling in AXP today. Trump calls for a one-year 10% cap on credit card interest in a Truth Social post Trump calls one year cap on credit card interest rates at 10%

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AXP shares. Cowen reaffirmed a “hold” rating on shares of American Express in a research note on Thursday. Evercore ISI set a $400.00 target price on American Express in a research note on Tuesday, January 6th. Wolfe Research started coverage on American Express in a research report on Monday, December 8th. They set a “peer perform” rating on the stock. DZ Bank upgraded American Express from a “sell” rating to a “hold” rating and set a $340.00 price target on the stock in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. raised their price objective on American Express from $343.00 to $355.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Nine equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, American Express currently has a consensus rating of “Hold” and a consensus price target of $343.95.

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.