Compound Planning Inc. Boosts Stock Holdings in American Express Company $AXP

Compound Planning Inc. grew its stake in shares of American Express Company (NYSE:AXP) by 30.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,652 shares of the payment services company’s stock after buying an additional 2,015 shares during the quarter. Compound Planning Inc.’s holdings in American Express were worth $2,874,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC boosted its stake in shares of American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC raised its holdings in American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in American Express during the 2nd quarter valued at $428,000. Envestnet Asset Management Inc. grew its holdings in American Express by 0.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 679,608 shares of the payment services company’s stock worth $216,778,000 after acquiring an additional 5,139 shares during the last quarter. Finally, Solstein Capital LLC purchased a new position in shares of American Express in the second quarter valued at about $39,000. Institutional investors own 84.33% of the company’s stock.

Insider Buying and Selling at American Express

In other American Express news, insider Howard Grosfield sold 8,134 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the sale, the insider owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the transaction, the insider directly owned 8,945 shares of the company’s stock, valued at $3,189,608.10. This represents a 62.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 73,944 shares of company stock worth $26,114,366. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of analyst reports. Credit Suisse Group set a $328.00 target price on shares of American Express in a report on Monday, January 12th. Barclays increased their price objective on American Express from $355.00 to $367.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. TD Cowen reissued a “hold” rating on shares of American Express in a research note on Thursday, January 8th. Morgan Stanley set a $395.00 target price on American Express in a report on Tuesday, January 20th. Finally, UBS Group reiterated a “neutral” rating and issued a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. 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 company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $352.73.

American Express Trading Down 0.3%

AXP opened at $320.17 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. American Express Company has a 52 week low of $220.43 and a 52 week high of $387.49. The stock has a market cap of $219.83 billion, a PE ratio of 20.80, a PEG ratio of 1.36 and a beta of 1.14. The business has a 50 day moving average of $361.55 and a 200-day moving average of $349.17.

American Express (NYSE:AXP) last posted its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). The firm had revenue of ($17,139.00) million during the quarter, compared to the consensus estimate of $18.91 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.American Express’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $3.04 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts predict that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 2nd were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, January 2nd. American Express’s dividend payout ratio (DPR) is 21.31%.

About American Express

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.