American Express (NYSE:AXP) Insider Anna Marrs Sells 44,910 Shares of Company Stock

American Express Company (NYSE:AXP) insider Anna Marrs sold 44,910 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $327.20, for a total value of $14,694,552.00. Following the sale, the insider directly owned 20,509 shares of the company’s stock, valued at $6,710,544.80. This represents a 68.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

American Express Trading Down 0.8%

Shares of AXP stock opened at $325.21 on Wednesday. The company has a market cap of $218.07 billion, a P/E ratio of 18.31, a PEG ratio of 1.39 and a beta of 1.09. The stock has a 50 day simple moving average of $316.78 and a two-hundred day simple moving average of $326.13. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.58 and a current ratio of 1.58. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Research analysts forecast that American Express Company will post 17.88 earnings per share for the current year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s payout ratio is presently 21.40%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Benchmark began coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating for the company. UBS Group upped their price objective on shares of American Express from $345.00 to $346.00 and gave the company a “neutral” rating in a report on Monday. Piper Sandler raised their target price on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Jefferies Financial Group restated a “hold” rating and issued a $330.00 target price on shares of American Express in a research note on Friday, October 23rd. Finally, BMO Capital Markets initiated coverage on American Express in a research report on Thursday, October 8th. They issued an “outperform” rating and a $380.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $365.22.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in American Express in the second quarter worth $14,208,662,000. State Street Corp grew its stake in American Express by 40.2% in the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after purchasing an additional 11,739,541 shares during the period. Bank of America Corp DE increased its position in shares of American Express by 8.4% during the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company’s stock valued at $2,695,702,000 after purchasing an additional 614,981 shares during the last quarter. Corient Private Wealth LP purchased a new stake in shares of American Express during the 2nd quarter valued at $253,945,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of American Express during the 2nd quarter worth $1,263,787,000. 84.33% of the stock is owned by institutional investors.

Key American Express News

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

• Positive Sentiment: American Express expanded its longstanding NBA and WNBA partnership globally, adding international fan experiences and cardmember benefits. The broader reach could strengthen customer engagement, though no financial impact was disclosed. Article: American Express, NBA and WNBA Expand Longstanding Partnership Globally
• Positive Sentiment: American Express completed its acquisition of TheFork, potentially bolstering its dining-related offerings and customer proposition. Article: American Express Completes Acquisition of TheFork
• Neutral Sentiment: UBS raised its AXP price target slightly, from $345 to $346, but maintained a neutral rating. UBS Group ratings
• Neutral Sentiment: Eligible cash-back cardholders can now deposit Reward Dollars into qualifying American Express bank accounts, adding redemption flexibility; the near-term financial effect is unclear. Article: Amex Adds a Reward Dollars Redemption Option
• Negative Sentiment: Two insiders reported substantial sales on November 2. Anna Marrs sold 44,910 shares, reducing her holdings by 68.65%; Laureen Seeger sold 69,860 shares, cutting her holdings by 88.59%. The transactions may weigh on sentiment, although insider sales alone do not establish a negative outlook. Anna Marrs SEC filing Laureen Seeger SEC filing

American Express Company Profile

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.