US Bancorp DE Has $169.88 Million Stock Holdings in American Express Company $AXP

US Bancorp DE lessened its holdings in American Express Company (NYSE:AXP) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 459,206 shares of the payment services company’s stock after selling 1,705 shares during the quarter. US Bancorp DE owned 0.07% of American Express worth $169,884,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Valley Wealth Managers Inc. boosted its holdings in shares of American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 46 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of American Express during the 3rd quarter valued at $27,000. Guerra Advisors Inc acquired a new stake in shares of American Express during the 3rd quarter valued at $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express during the 3rd quarter valued at $28,000. Finally, Torren Management LLC acquired a new stake in shares of American Express during the 4th quarter valued at $32,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Insiders Place Their Bets

In other news, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $356.58, for a total value of $5,348,700.00. Following the completion of the transaction, the insider directly owned 8,945 shares of the company’s stock, valued at approximately $3,189,608.10. This trade represents a 62.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Howard Grosfield sold 8,134 shares of American Express stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $346.73, for a total value of $2,820,301.82. Following the completion of the transaction, the insider directly owned 9,433 shares of the company’s stock, valued at approximately $3,270,704.09. This trade represents a 46.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 73,944 shares of company stock valued at $26,114,366. Insiders own 0.14% of the company’s stock.

American Express Price Performance

Shares of AXP opened at $315.36 on Thursday. American Express Company has a 1 year low of $257.21 and a 1 year high of $387.49. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The company has a market capitalization of $215.18 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 1.30 and a beta of 1.13. The business has a 50-day moving average of $312.08 and a 200-day moving average of $344.28.

American Express (NYSE:AXP) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period last year, the company earned $3.64 earnings per share. The firm’s revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts anticipate that American Express Company will post 17.59 earnings per share for the current year.

American Express Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd 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%. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. American Express’s dividend payout ratio is 23.71%.

Analyst Ratings Changes

AXP has been the topic of several recent research reports. TD Cowen reissued a “hold” rating on shares of American Express in a report on Thursday, January 8th. Morgan Stanley cut their price objective on American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Credit Suisse Group set a $328.00 price objective on American Express in a report on Monday, January 12th. UBS Group reaffirmed a “neutral” rating and set a $395.00 target price on shares of American Express in a research report on Wednesday, February 4th. Finally, Weiss Ratings downgraded American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, American Express has a consensus rating of “Hold” and an average target price of $357.47.

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.