Mn Services Vermogensbeheer B.V. Acquires 3,569 Shares of American Express Company $AXP

Mn Services Vermogensbeheer B.V. boosted its holdings in American Express Company (NYSE:AXP) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 216,881 shares of the payment services company’s stock after purchasing an additional 3,569 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in American Express were worth $80,235,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gratus Wealth Advisors LLC boosted its position in shares of American Express by 0.8% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock worth $1,233,000 after purchasing an additional 28 shares in the last quarter. Murphy & Mullick Capital Management Corp increased its position in American Express by 10.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock valued at $105,000 after buying an additional 28 shares in the last quarter. Capital Asset Advisory Services LLC increased its position in American Express by 2.4% during 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 buying an additional 28 shares in the last quarter. Lantz Financial LLC raised its stake in American Express by 3.6% during the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after buying an additional 28 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its holdings in 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 acquiring an additional 29 shares in the last quarter. Institutional investors own 84.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of American Express in a research note on Friday. Evercore set a $393.00 price target on shares of American Express in a research note on Tuesday, February 10th. TD Cowen reissued a “hold” rating on shares of American Express in a research report on Thursday, January 8th. JPMorgan Chase & Co. reduced their price objective on shares of American Express from $385.00 to $375.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $420.00 target price on shares of American Express in a report on Tuesday, January 6th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, American Express presently has an average rating of “Hold” and an average target price of $352.95.

American Express Stock Up 1.8%

AXP stock opened at $297.47 on Tuesday. The stock has a market capitalization of $204.00 billion, a P/E ratio of 19.33, a P/E/G ratio of 1.24 and a beta of 1.15. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.59 and a quick ratio of 1.58. American Express Company has a 1-year low of $220.43 and a 1-year high of $387.49. The business has a fifty day moving average price of $328.26 and a 200-day moving average price of $346.80.

American Express (NYSE:AXP) last released 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). American Express had a net margin of 15.00% and a return on equity of 33.49%. The business had revenue of ($17,139.00) million for the quarter, compared to analysts’ expectations of $18.91 billion. During the same period last year, the business earned $3.04 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts forecast that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be paid a $0.95 dividend. This is a boost from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, April 2nd. American Express’s dividend payout ratio (DPR) is presently 21.31%.

Insider Activity at American Express

In other American Express news, insider Howard Grosfield sold 8,134 shares of American Express 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 completion of the sale, the insider owned 9,433 shares of the company’s stock, valued at approximately $3,270,704.09. The trade was a 46.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Denise Pickett sold 23,385 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the transaction, the insider directly owned 7,754 shares in the company, valued at $2,767,480.14. The trade was a 75.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 73,944 shares of company stock valued at $26,114,366. 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.