Aaron Wealth Advisors LLC Acquires 2,042 Shares of American Express Company $AXP

Aaron Wealth Advisors LLC increased its holdings in shares of American Express Company (NYSE:AXP) by 38.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,372 shares of the payment services company’s stock after purchasing an additional 2,042 shares during the period. Aaron Wealth Advisors LLC’s holdings in American Express were worth $2,727,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Gratus Wealth Advisors LLC lifted its holdings in shares of American Express by 0.8% during the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after purchasing an additional 28 shares in the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in shares of American Express by 10.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock valued at $105,000 after purchasing an additional 28 shares in the last quarter. Capital Asset Advisory Services LLC lifted its holdings in shares of American Express by 2.4% during the 4th quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock valued at $465,000 after purchasing an additional 28 shares in the last quarter. Lantz Financial LLC lifted its holdings in shares of American Express by 3.6% during the 4th quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after purchasing an additional 28 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. lifted its holdings in shares of 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 valued at $967,000 after purchasing an additional 29 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wolfe Research assumed coverage on American Express in a report on Monday, December 8th. They set a “peer perform” rating on the stock. Evercore set a $393.00 price objective on American Express in a report on Tuesday, February 10th. Credit Suisse Group set a $328.00 price objective on American Express in a report on Monday, January 12th. Weiss Ratings restated a “buy (b-)” rating on shares of American Express in a research note on Friday, March 27th. Finally, TD Cowen reaffirmed a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Express currently has an average rating of “Hold” and an average target price of $350.86.

Insider Buying and Selling

In other American Express news, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the transaction, the insider owned 8,945 shares of the company’s stock, valued at $3,189,608.10. The trade was a 62.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Anna Marrs sold 27,425 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $350.01, for a total value of $9,599,024.25. Following the transaction, the insider directly owned 20,394 shares in the company, valued at $7,138,103.94. This trade represents a 57.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,944 shares of company stock worth $26,114,366 over the last 90 days. Company insiders own 0.20% of the company’s stock.

American Express Price Performance

NYSE AXP opened at $305.41 on Tuesday. 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 12-month low of $220.43 and a 12-month high of $387.49. The company has a market capitalization of $209.45 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 1.27 and a beta of 1.13. The firm’s 50 day moving average is $322.37 and its 200-day moving average is $345.76.

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). American Express had a net margin of 15.00% and a return on equity of 33.49%. The business had revenue of ($17,139.00) million during the quarter, compared to analyst estimates of $18.91 billion. During the same quarter last year, the business earned $3.04 earnings per share. American Express’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. Equities research analysts anticipate that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be given a dividend of $0.95 per share. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s payout ratio is presently 24.69%.

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.