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

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 Stock Up 2.1%

AXP opened at $365.03 on Monday. The firm’s 50 day simple moving average is $368.55 and its two-hundred day simple moving average is $341.29. The company has a market capitalization of $251.45 billion, a PE ratio of 24.50, a PEG ratio of 1.53 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. The company has a current ratio of 1.61, a quick ratio of 1.59 and a debt-to-equity ratio of 1.78.

American Express (NYSE:AXPGet Free Report) last posted its quarterly earnings data 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 return on equity of 33.41% and a net margin of 14.97%.The company had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations of $18.91 billion. As a group, equities analysts forecast 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 will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. American Express’s dividend payout ratio is currently 22.01%.

Hedge Funds Weigh In On American Express

Hedge funds have recently modified their holdings of the stock. Marino Stram & Associates LLC increased its holdings in American Express by 8.6% in the 4th quarter. Marino Stram & Associates LLC now owns 2,582 shares of the payment services company’s stock valued at $955,000 after acquiring an additional 205 shares during the last quarter. Perigon Wealth Management LLC grew its position in shares of American Express by 1.2% during the fourth quarter. Perigon Wealth Management LLC now owns 60,773 shares of the payment services company’s stock valued at $22,483,000 after purchasing an additional 723 shares in the last quarter. Balboa Wealth Partners increased its holdings in shares of American Express by 2.7% in the fourth quarter. Balboa Wealth Partners now owns 7,206 shares of the payment services company’s stock worth $2,666,000 after purchasing an additional 188 shares during the last quarter. West Branch Capital LLC lifted its position in shares of American Express by 58.3% in the fourth quarter. West Branch Capital LLC now owns 3,002 shares of the payment services company’s stock worth $1,111,000 after buying an additional 1,106 shares in the last quarter. Finally, Tempus Wealth Planning LLC bought a new position in American Express during the fourth quarter valued at approximately $201,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Insider Buying and Selling at American Express

In related news, insider Denise Pickett sold 5,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $350.73, for a total value of $1,753,650.00. Following the completion of the transaction, the insider directly owned 7,726 shares of the company’s stock, valued at approximately $2,709,739.98. This trade represents a 39.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Douglas Tabish sold 2,515 shares of the business’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $355.61, for a total transaction of $894,359.15. Following the completion of the sale, the insider owned 2,515 shares in the company, valued at $894,359.15. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 57,515 shares of company stock worth $20,658,509 in the last quarter. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AXP has been the topic of several recent research reports. Compass Point reaffirmed a “neutral” rating and issued a $324.00 price objective on shares of American Express in a research note on Monday, October 20th. TD Cowen raised their target price on shares of American Express from $350.00 to $375.00 and gave the stock a “hold” rating in a research note on Thursday, January 8th. Evercore ISI set a $400.00 price target on shares of American Express in a report on Tuesday, January 6th. Wall Street Zen lowered shares of American Express from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, UBS Group set a $385.00 price objective on shares of American Express in a research report on Monday, January 12th. Nine investment 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $352.82.

View Our Latest Report on AXP

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

(Get 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.

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