Strs Ohio Sells 2,840 Shares of American Express Company $AXP

Strs Ohio trimmed its position in shares of American Express Company (NYSE:AXP) by 1.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 201,478 shares of the payment services company’s stock after selling 2,840 shares during the quarter. Strs Ohio’s holdings in American Express were worth $66,923,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Gratus Wealth Advisors LLC grew its holdings in shares of American Express by 0.8% during the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after buying an additional 28 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its stake in American Express by 1.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 2,910 shares of the payment services company’s stock valued at $967,000 after purchasing an additional 29 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in shares of American Express by 2.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock worth $458,000 after purchasing an additional 29 shares in the last quarter. Sandy Cove Advisors LLC raised its stake in shares of American Express by 2.1% in the third quarter. Sandy Cove Advisors LLC now owns 1,462 shares of the payment services company’s stock worth $485,000 after purchasing an additional 30 shares during the last quarter. Finally, Bath Savings Trust Co lifted its holdings in shares of American Express by 1.1% during the third quarter. Bath Savings Trust Co now owns 2,922 shares of the payment services company’s stock valued at $971,000 after purchasing an additional 31 shares in the last quarter. 84.33% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other American Express news, CMO Elizabeth Rutledge sold 50,000 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $360.21, for a total value of $18,010,500.00. Following the completion of the sale, the chief marketing officer owned 85,577 shares of the company’s stock, valued at $30,825,691.17. This trade represents a 36.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.20% of the company’s stock.

Key American Express News

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

• Positive Sentiment: Banks initially rallied after the proposal, which appears to have prompted short covering and a bounce in financial names as markets weighed the political and implementation risks versus the headline. Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
• Neutral Sentiment: Bank CEOs (Wells Fargo’s Charlie Scharf and BofA’s Brian Moynihan) are publicly engaging with the White House, warning a flat 10% cap could reduce credit availability — their comments keep the conversation alive but also open a path for negotiated/regulatory changes rather than an immediate policy shock. Wells Fargo CEO on Trump’s call for a credit card rate cap
• Neutral Sentiment: Morning market coverage highlights the story as a top catalyst for financials, suggesting today’s move is driven more by headlines and political risk repricing than by fundamentals yet. Trump’s Greenland ‘framework,’ Dimon’s credit card cap rebuke, YouTube’s AI slop plan and more in Morning Squawk
• Negative Sentiment: The White House proposal itself is a clear risk to card issuers’ interest income and margins; a legally enforced 10% cap for a year would significantly compress AXP’s yield on revolvers and could force tighter underwriting or reduced credit access. President Trump: I would like to see a one-year cap of 10% on credit card rates
• Negative Sentiment: Industry leaders including JPMorgan’s Jamie Dimon warn the cap could be an “economic disaster,” and media reporting notes rising short interest in financials — both signals investors are weighing downside regulatory and credit‑access consequences for card portfolios. JPMorgan CEO Dimon says credit card rate cap will be an economic disaster
• Negative Sentiment: Separately, valuation and regulatory‑risk writeups (e.g., Yahoo Finance) are flagging that a policy move would materially affect AXP’s earnings power, keeping a longer‑term overhang even if the immediate market reaction is positive. A Look At American Express (AXP) Valuation As White House Rate Cap Proposal Raises Investor Concerns

Wall Street Analyst Weigh In

AXP has been the subject of a number of recent analyst reports. Evercore ISI set a $400.00 target price on American Express in a research report on Tuesday, January 6th. Wolfe Research started coverage on American Express in a research note on Monday, December 8th. They set a “peer perform” rating for the company. TD Cowen reaffirmed a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Truist Financial raised their price objective on shares of American Express from $395.00 to $420.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Finally, BTIG Research reaffirmed a “sell” rating and set a $328.00 target price on shares of American Express in a report on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $353.95.

American Express Price Performance

NYSE AXP opened at $367.92 on Friday. 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 Company has a 12 month low of $220.43 and a 12 month high of $387.49. The stock has a market cap of $253.44 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 1.51 and a beta of 1.15. The company’s 50 day moving average is $367.95 and its two-hundred day moving average is $342.03.

American Express (NYSE:AXP) last announced its quarterly earnings data on Friday, January 30th. The payment services company reported ($11.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($15.41). The firm had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations 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 anticipate 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 will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.28 annualized dividend and a dividend yield of 0.9%. American Express’s payout ratio is currently 22.01%.

American Express Company 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.