Sen. Markwayne Mullin Buys American Express Company (NYSE:AXP) Stock

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of American Express Company (NYSE:AXP). In a filing disclosed on January 16th, the Senator disclosed that they had bought between $1,001 and $15,000 in American Express stock on December 29th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Hilton Worldwide (NYSE:HLT) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of CocaCola (NYSE:KO) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 12/29/2025.
• Purchased $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 12/29/2025.
• Purchased $50,001 – $100,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 12/29/2025.

American Express Trading Up 2.1%

AXP traded up $7.66 during trading on Friday, hitting $365.03. 3,546,393 shares of the stock were exchanged, compared to its average volume of 2,539,372. American Express Company has a 1 year low of $220.43 and a 1 year high of $387.49. The firm has a market cap of $251.45 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.53 and a beta of 1.15. The firm has a 50 day simple moving average of $368.55 and a 200 day simple moving average of $341.19. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.59 and a current ratio of 1.61.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, January 30th. The payment services company reported ($11.85) EPS for the quarter, missing the consensus estimate of $3.56 by ($15.41). American Express had a net margin of 14.97% and a return on equity of 33.41%. The firm had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. As a group, equities analysts expect that American Express Company will post 15.33 EPS for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 2nd will be paid a $0.82 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.28 annualized dividend and a yield of 0.9%. American Express’s dividend payout ratio is 22.01%.

Analyst Ratings Changes

Several brokerages have recently weighed in on AXP. Morgan Stanley set a $370.00 price target on shares of American Express in a research report on Tuesday, December 16th. HSBC set a $295.00 target price on American Express and gave the stock a “hold” rating in a report on Friday, October 10th. BTIG Research reiterated a “sell” rating and issued a $328.00 price target on shares of American Express in a report on Monday, January 12th. Truist Financial upped their price objective on American Express from $395.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Finally, UBS Group set a $385.00 target price on American Express in a research note on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Express currently has an average rating of “Hold” and an average target price of $352.82.

Hedge Funds Weigh In On American Express

Hedge funds and other institutional investors have recently modified their holdings of the stock. Valley Wealth Managers Inc. raised its holdings in shares of American Express by 153.3% in the third 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 during the last quarter. Briaud Financial Planning Inc purchased a new position in American Express in the 2nd quarter worth $26,000. Access Investment Management LLC acquired a new stake in American Express during the 2nd quarter worth about $26,000. Manning & Napier Advisors LLC purchased a new stake in American Express during the 3rd quarter valued at about $27,000. Finally, Guerra Advisors Inc purchased a new position in shares of American Express in the third quarter worth about $28,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at American Express

In related news, CMO Elizabeth Rutledge sold 50,000 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the completion of the transaction, the chief marketing officer directly owned 85,577 shares in the company, valued at $30,825,691.17. The trade was a 36.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Denise Pickett sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $350.73, for a total transaction of $1,753,650.00. Following the completion of the sale, the insider directly owned 7,726 shares in the company, valued at approximately $2,709,739.98. The trade was a 39.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 57,515 shares of company stock worth $20,658,509 over the last quarter. Insiders own 0.20% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

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.