Braun Stacey Associates Inc. Acquires 1,959 Shares of American Express Company $AXP

Braun Stacey Associates Inc. lifted its holdings in shares of American Express Company (NYSE:AXP) by 2.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,269 shares of the payment services company’s stock after buying an additional 1,959 shares during the period. Braun Stacey Associates Inc.’s holdings in American Express were worth $26,736,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Gratus Wealth Advisors LLC grew its position in American Express by 0.8% in the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after acquiring an additional 28 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in shares of American Express by 10.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after acquiring an additional 28 shares during the last quarter. Capital Asset Advisory Services LLC boosted its stake in shares of American Express by 2.4% in 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 grew 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 during the last quarter. Finally, McGlone Suttner Wealth Management Inc. grew 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 during the last quarter. 84.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AXP has been the topic of a number of research analyst reports. TD Cowen restated a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Evercore set a $393.00 price target on shares of American Express in a report on Tuesday, February 10th. JPMorgan Chase & Co. cut their price objective on American Express from $385.00 to $375.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of American Express in a research report on Monday, March 16th. Finally, Credit Suisse Group set a $328.00 price target on American Express in a research note on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, American Express presently has an average rating of “Hold” and an average target price of $352.95.

American Express Price Performance

AXP stock opened at $300.23 on Friday. The company has a market capitalization of $205.89 billion, a P/E ratio of 19.51, a PEG ratio of 1.27 and a beta of 1.13. The company has a fifty day moving average price of $323.53 and a 200-day moving average price of $345.95. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. American Express Company has a 52-week low of $220.43 and a 52-week high of $387.49.

American Express (NYSE:AXP) last issued its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.54 by ($0.01). The business 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%.The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.04 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 15.33 EPS for the current year.

American Express Increases Dividend

The business 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 dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. American Express’s dividend payout ratio is 24.69%.

Insider Buying and Selling

In other American Express news, insider Denise Pickett sold 23,385 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the completion of the transaction, the insider owned 7,754 shares in the company, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their position. The transaction 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 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 completion of the transaction, the insider owned 8,945 shares in the company, valued at $3,189,608.10. This trade represents a 62.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,944 shares of company stock valued at $26,114,366 in the last ninety days. Insiders own 0.20% of the company’s stock.

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.