Raiffeisen Bank International AG Sells 11,553 Shares of American Express Company $AXP

Raiffeisen Bank International AG lowered its position in American Express Company (NYSE:AXP) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,466 shares of the payment services company’s stock after selling 11,553 shares during the quarter. Raiffeisen Bank International AG’s holdings in American Express were worth $50,821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Gratus Wealth Advisors LLC grew its holdings in 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 worth $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% during the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock worth $105,000 after purchasing an additional 28 shares during the period. McGlone Suttner Wealth Management Inc. grew its stake in shares of American Express by 1.0% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock worth $967,000 after purchasing an additional 29 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in American Express by 2.1% in the third quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after purchasing an additional 29 shares during the period. Finally, Sandy Cove Advisors LLC raised its position in American Express by 2.1% during the 3rd quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock worth $485,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.

American Express Trading Up 1.0%

Shares of AXP stock opened at $345.99 on Friday. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.58 and a current ratio of 1.59. The stock has a 50 day simple moving average of $364.00 and a two-hundred day simple moving average of $348.09. The company has a market cap of $237.56 billion, a P/E ratio of 22.48, a PEG ratio of 1.45 and a beta of 1.14.

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

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, January 2nd. American Express’s dividend payout ratio (DPR) is presently 21.31%.

Insider Activity at American Express

In other 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 transaction of $2,820,301.82. Following the transaction, 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 is accessible through this link. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the stock in a transaction dated 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 directly owned 8,945 shares in the company, valued at $3,189,608.10. This trade represents a 62.64% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 73,944 shares of company stock valued at $26,114,366. 0.20% of the stock is currently owned by company insiders.

American Express News Summary

Here are the key news stories impacting American Express this week:

Analyst Ratings Changes

Several research analysts have commented on AXP shares. Wall Street Zen downgraded American Express from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. BTIG Research reaffirmed a “sell” rating and issued a $328.00 price objective on shares of American Express in a research note on Monday, February 2nd. UBS Group reissued a “neutral” rating and set a $395.00 target price on shares of American Express in a research report on Wednesday, February 4th. JPMorgan Chase & Co. lowered their price target on shares of American Express from $385.00 to $375.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Finally, Credit Suisse Group set a $328.00 price target on shares of American Express in a research report on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $352.73.

View Our Latest Stock Analysis on American Express

American Express Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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