Anna Marrs Sells 27,425 Shares of American Express (NYSE:AXP) Stock

American Express Company (NYSE:AXP) insider Anna Marrs sold 27,425 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares of the company’s stock, valued at $7,138,103.94. The trade was a 57.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

American Express Stock Up 1.3%

AXP stock opened at $359.26 on Friday. The company has a market cap of $247.48 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 1.52 and a beta of 1.14. The company has a fifty day moving average price of $368.52 and a 200 day moving average price of $345.42. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.68 and a quick ratio of 1.66. American Express Company has a 12 month low of $220.43 and a 12 month high of $387.49.

American Express (NYSE:AXPGet Free Report) last issued its quarterly earnings data 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 return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the previous year, the business posted $3.04 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts expect that American Express Company will post 15.33 earnings per share for the current year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. American Express’s payout ratio is presently 21.31%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Joseph Group Capital Management acquired a new stake in American Express in the fourth quarter valued at $26,000. Valley Wealth Managers Inc. boosted its position in shares of American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock worth $25,000 after buying an additional 46 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in American Express in the 3rd quarter valued at about $27,000. Access Investment Management LLC purchased a new position in American Express during the 2nd quarter valued at about $26,000. Finally, Briaud Financial Planning Inc acquired a new position in American Express during the second quarter worth about $26,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AXP. Compass Point reissued a “neutral” rating and issued a $324.00 price objective on shares of American Express in a research note on Monday, October 20th. Credit Suisse Group set a $328.00 target price on shares of American Express in a report on Monday, January 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 price target on shares of American Express in a report on Monday, January 12th. DZ Bank upgraded shares of American Express from a “sell” rating to a “hold” rating and set a $340.00 price objective for the company in a research report on Tuesday, October 21st. Finally, Barclays boosted their target price on American Express from $355.00 to $367.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, American Express has an average rating of “Hold” and an average target price of $353.05.

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American Express News Summary

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American Express Company Profile

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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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Insider Buying and Selling by Quarter for American Express (NYSE:AXP)

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