Mufg Securities Americas Inc. Has $4.86 Million Holdings in American Express Company $AXP

Mufg Securities Americas Inc. lifted its stake in shares of American Express Company (NYSE:AXP) by 19.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,637 shares of the payment services company’s stock after buying an additional 2,371 shares during the quarter. Mufg Securities Americas Inc.’s holdings in American Express were worth $4,862,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Valley Wealth Managers Inc. grew its stake in shares of American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares during the period. Access Investment Management LLC bought a new position in shares of American Express in the 2nd quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in American Express in the 3rd quarter valued at $27,000. Guerra Advisors Inc bought a new stake in American Express during the 3rd quarter valued at $28,000. Finally, Halbert Hargrove Global Advisors LLC increased its stake in American Express by 210.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after purchasing an additional 59 shares in the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Stock Down 7.3%

American Express stock opened at $320.85 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. The company has a market capitalization of $220.30 billion, a P/E ratio of 20.85, a P/E/G ratio of 1.46 and a beta of 1.14. The firm has a 50 day moving average price of $362.77 and a 200-day moving average price of $349.01. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49.

American Express (NYSE:AXP) last posted 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 firm had revenue of ($17,139.00) million during 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%. American Express’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.04 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts predict that American Express Company will post 15.33 EPS for the current year.

American Express Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd were paid a $0.82 dividend. The ex-dividend date was Friday, January 2nd. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. American Express’s dividend payout ratio (DPR) is presently 21.31%.

Insider Buying and Selling at American Express

In other news, insider Howard Grosfield sold 8,134 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the sale, the insider owned 9,433 shares of the company’s stock, valued at $3,270,704.09. The trade was a 46.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Denise Pickett sold 23,385 shares of American Express 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 of the company’s stock, valued at $2,767,480.14. This represents a 75.10% 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 worth $26,114,366 over the last three months. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the subject of several recent research reports. The Goldman Sachs Group reissued a “buy” rating and set a $420.00 target price on shares of American Express in a research report on Tuesday, January 6th. JPMorgan Chase & Co. cut their target price on American Express from $385.00 to $375.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Barclays increased their price target on American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. Morgan Stanley set a $395.00 price objective on shares of American Express in a report on Tuesday, January 20th. Finally, Wolfe Research initiated coverage on shares of American Express in a report on Monday, December 8th. They issued a “peer perform” rating for the company. Nine investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $352.73.

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.