Diversified Trust Co. Sells 5,014 Shares of American Express Company $AXP

Diversified Trust Co. decreased its position in American Express Company (NYSE:AXP) by 11.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,236 shares of the payment services company’s stock after selling 5,014 shares during the quarter. Diversified Trust Co.’s holdings in American Express were worth $13,775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valley Wealth Managers Inc. increased its position in shares of American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 46 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of American Express in the 3rd quarter worth approximately $27,000. Guerra Advisors Inc purchased a new position in shares of American Express in the third quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in American Express during the third quarter valued at approximately $28,000. Finally, Halbert Hargrove Global Advisors LLC grew its position in American Express by 210.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after buying an additional 59 shares during the period. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Stock Performance

AXP opened at $301.87 on Tuesday. The company has a 50 day simple moving average of $334.49 and a two-hundred day simple moving average of $347.78. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. The firm has a market cap of $207.27 billion, a P/E ratio of 19.61, a PEG ratio of 1.25 and a beta of 1.15. American Express Company has a 1-year low of $220.43 and a 1-year high of $387.49.

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

American Express Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be given a $0.95 dividend. The ex-dividend date is Thursday, April 2nd. This is a positive change from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a dividend yield of 1.3%. American Express’s dividend payout ratio (DPR) is presently 21.31%.

Insiders Place Their Bets

In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express 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 sale, the insider owned 8,945 shares of the company’s stock, valued at approximately $3,189,608.10. This trade represents a 62.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Howard Grosfield sold 8,134 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold 73,944 shares of company stock valued at $26,114,366 over the last three months. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. TD Cowen reiterated a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Credit Suisse Group set a $328.00 price objective on shares of American Express in a research report on Monday, January 12th. Wells Fargo & Company raised their target price on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. BTIG Research lowered their target price on American Express from $328.00 to $285.00 and set a “sell” rating on the stock in a research report on Monday, March 16th. Finally, Evercore set a $393.00 price target on American Express in a report on Tuesday, February 10th. 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 company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $352.95.

American Express Company 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.