First Horizon Corp Takes $2.18 Million Position in American Express Company $AXP

First Horizon Corp bought a new stake in shares of American Express Company (NYSE:AXP) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 6,563 shares of the payment services company’s stock, valued at approximately $2,180,000.

A number of other institutional investors and hedge funds have also bought and sold shares of AXP. Briaud Financial Planning Inc bought a new stake in shares of American Express in the 2nd quarter worth $26,000. Access Investment Management LLC bought a new stake in American Express in the 2nd quarter worth about $26,000. Halbert Hargrove Global Advisors LLC increased its stake in American Express by 210.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after buying an additional 59 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in shares of American Express during the 2nd quarter worth approximately $37,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of American Express in the 2nd quarter worth approximately $38,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at American Express

In other American Express news, CMO Elizabeth Rutledge sold 50,000 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the sale, the chief marketing officer owned 85,577 shares of the company’s stock, valued at $30,825,691.17. The trade was a 36.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Denise Pickett sold 5,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was 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 $2,709,739.98. The trade was a 39.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 57,515 shares of company stock worth $20,658,509. Corporate insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. TD Cowen increased their price target on American Express from $350.00 to $375.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. UBS Group set a $385.00 target price on American Express in a research report on Monday. DZ Bank raised shares of American Express from a “sell” rating to a “hold” rating and set a $340.00 price target on the stock in a report on Tuesday, October 21st. Weiss Ratings upgraded shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Finally, Cowen reaffirmed a “hold” rating on shares of American Express in a research report on Thursday. Nine equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Express currently has an average rating of “Hold” and a consensus target price of $352.82.

American Express Trading Down 4.3%

Shares of AXP opened at $359.43 on Tuesday. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $387.49. The business has a 50-day moving average of $369.01 and a 200 day moving average of $340.22. The firm has a market cap of $247.59 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 1.57 and a beta of 1.15. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.59 and a current ratio of 1.61.

American Express (NYSE:AXP) last issued its earnings results on Friday, January 30th. The payment services company reported ($11.85) earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($15.41). 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 33.41% and a net margin of 14.97%. As a group, research analysts forecast that American Express Company will post 15.33 EPS for the current year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 2nd will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.28 annualized dividend and a yield of 0.9%. American Express’s dividend payout ratio (DPR) is 22.01%.

More American Express News

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

• Positive Sentiment: JPMorgan raised its price target on AXP from $360 to $385, citing valuation upside even while keeping a “neutral” rating — a modest supportive datapoint for the stock. JPMorgan raises price target (Benzinga)
• Positive Sentiment: Longer‑term bullish analysis highlights American Express’s strong brand and network effects, arguing the company remains a high‑quality compounding business for patient investors. Is American Express Stock a Millionaire Maker? (The Motley Fool)
• Neutral Sentiment: Some analysts and commentators caution investors not to overreact: a number of strategists say a 10% cap is unlikely to be enacted as proposed, reducing the odds of a material long‑term earnings hit. Why investors shouldn’t panic yet (MarketWatch)
• Neutral Sentiment: Another analysis argues a 10% temporary cap wouldn’t “break” the card ecosystem, offering a calmer view on potential policy impact. 10% cap won’t break anything (Seeking Alpha)
• Neutral Sentiment: Analyst coverage remains broadly lukewarm: the consensus rating across many brokerages is a “Hold,” reflecting mixed views on near‑term policy risk vs. long‑term fundamentals. Consensus “Hold” from brokerages (DefenseWorld)
• Negative Sentiment: Political headlines — notably Trump’s call for a one‑year, 10% credit‑card APR cap — triggered heavy selling across card issuers, hitting AXP in premarket and intraday trading as investors priced regulatory risk. Trump credit card plan sparks panic (Barron’s)
• Negative Sentiment: Some outlets reported downgrades and negative analyst notes tied directly to the floated rate cap, amplifying selling pressure on AXP. AXP downgraded as Trump floats cap (Seeking Alpha)
• Negative Sentiment: Market reporters note AXP traded with unusually high volume amid the headlines and closed notably lower on the session, reflecting headline‑driven risk aversion among traders. AXP stock drops despite market gains (Zacks)

About American Express

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.