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

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

Several other hedge funds and other institutional investors have also bought and sold shares of AXP. Baldwin Investment Management LLC raised its position in shares of American Express by 2.2% in the third quarter. Baldwin Investment Management LLC now owns 6,937 shares of the payment services company’s stock valued at $2,304,000 after buying an additional 150 shares in the last quarter. Compound Planning Inc. grew its holdings in shares of American Express by 30.4% during the 3rd quarter. Compound Planning Inc. now owns 8,652 shares of the payment services company’s stock worth $2,874,000 after purchasing an additional 2,015 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of American Express by 7.9% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,742 shares of the payment services company’s stock worth $579,000 after purchasing an additional 128 shares during the period. Acima Private Wealth LLC raised its stake in American Express by 10.0% in the third quarter. Acima Private Wealth LLC now owns 1,100 shares of the payment services company’s stock valued at $365,000 after purchasing an additional 100 shares in the last quarter. Finally, Private Advisory Group LLC lifted its position in American Express by 7.5% during the third quarter. Private Advisory Group LLC now owns 34,095 shares of the payment services company’s stock worth $11,325,000 after purchasing an additional 2,385 shares during the period. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AXP. BTIG Research restated a “sell” rating and issued a $328.00 target price on shares of American Express in a research report on Monday, February 2nd. Barclays lifted their price objective on shares of American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group restated a “buy” rating and set a $420.00 price objective on shares of American Express in a research report on Tuesday, January 6th. Wells Fargo & Company boosted their target price on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Finally, Truist Financial reduced their price target on shares of American Express from $420.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, American Express currently has a consensus rating of “Hold” and a consensus target price of $352.73.

American Express Stock Performance

American Express stock opened at $320.85 on Tuesday. The business has a 50 day moving average of $362.77 and a 200-day moving average of $349.01. 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. American Express Company has a 1 year low of $220.43 and a 1 year high of $387.49. 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 (NYSE:AXP) last posted its earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). The business had revenue of ($17,139.00) million for the quarter, compared to the consensus estimate of $18.91 billion. American Express had a return on equity of 33.49% and a net margin of 15.00%.The company’s revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.04 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts predict that American Express Company will post 15.33 earnings per share for the current year.

American Express Announces Dividend

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

Insider Buying and Selling

In other news, insider Anna Marrs sold 27,425 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the transaction, the insider owned 20,394 shares in the company, valued at approximately $7,138,103.94. The trade was a 57.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Denise Pickett sold 23,385 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the sale, the insider owned 7,754 shares of the company’s stock, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 73,944 shares of company stock valued at $26,114,366 in the last quarter. 0.20% of the stock is currently owned by company insiders.

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.